44411 40Th St Lancaster, CA 93535
- Commercial real estate
- 20.00 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 44411 40Th St
- Lot size
- 20.00 lot acres
- Property type
- Commercial real estate
Description
This exceptional 20-acre commercial property, located at 44411 40th Street in Lancaster, CA, presents a unique investment opportunity. The property, identified by APN 3150-029-025 & 02653, is situated at the intersection of 40th Street East and J Street, offering excellent visibility and accessibility. A tentative tract map has already been approved for the development of 53 individual lots, each ranging in size from 10,000 to 15,000 square feet. This significantly reduces the time and cost associated with land development, making it an attractive proposition for builders and investors. The property boasts paved roads on both the east-west and north sides, ensuring convenient access and infrastructure for future development. Its strategic location offers proximity to two schools, enhancing its appeal for residential and commercial development. Essential utilities, including power and water, are readily available nearby. Furthermore, the property enjoys convenient access to the 14 Freeway, providing easy connectivity to major transportation routes. The final map is currently in progress, signifying the imminent completion of the development process. This property is ideal for a variety of commercial uses and represents a compelling opportunity for significant return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.0599
- Latitude
- 34.69176
