170 Avenue B-8

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170 Avenue B-8

Lancaster, CA 93536
Asking Price
$499K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Expansive parcel of land encompassing 73.48 total acres.
  • Offered for sale with an asking price of 499000 dollars.
  • Located within the growing Lancaster community in California zip 93536.
  • Geography positioned within the industrious Antelope Valley regional submarket.
  • Large acreage suitable for varied development or long-term investment.

What's Special

Investors and developers seeking expansive acreage will find significant potential in this 73.48-acre land parcel situated in Lancaster, California. The site provides a substantial footprint for various development projects, ranging from agricultural ventures to large-scale residential or industrial site planning. Given the regional economic growth within the Antelope Valley and its status as a hub for aerospace and renewable energy initiatives, this land serves as a strategic hold for those looking to expand their portfolio in a developing suburban market. The parcel benefits from the connectivity of the region, which maintains strong logistical links to the broader Los Angeles metropolitan area. Its configuration offers enough scale to accommodate diverse master-planned concepts or long-term land banking strategies. Market participants interested in the Northern Los Angeles County corridor will recognize the inherent value in a plot of this magnitude, which is positioned to support the evolving demands of the local population and industrial sector.

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NOI
$80,000
Cap Rate
16.03%
DSCR
2.70
Strong
Cash-on-Cash
33.65%
Monthly Payment
$2,468.78
Annual Cash Flow
$50,374.643

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