Avenue L6 7th Stw

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Avenue L6 7th Stw

Lancaster, CA 93534
Asking Price
$1.10M
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The land parcel encompasses 5.219 acres of developable space.
  • Property located in Lancaster within the Antelope Valley area.
  • The current asking price for the site is $1,100,000.
  • Site coordinates are situated at 34.6548 and -118.1458.
  • Land serves as a flexible asset for diverse commercial development.

What's Special

Lancaster serves as a primary hub within the Antelope Valley region, supported by a diverse economy linked to the aerospace industry and renewable energy sectors. Positioned in a growing suburban market of the Los Angeles metropolitan area, this property on Avenue L6 and 7th Street West provides a substantial footprint for development. The site consists of 5.219 acres of land suitable for various commercial or industrial projects. Given the scale and strategic placement, the acreage supports potential uses ranging from distribution facilities and storage operations to specialized commercial developments tailored to the needs of the surrounding residential and business communities. The parcel maintains accessibility to regional transit routes, facilitating regional logistics and commuter connectivity for workforce recruitment.

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NOI
$80,000
Cap Rate
7.27%
DSCR
1.22
Tight
Cash-on-Cash
4.45%
Monthly Payment
$5,442.2
Annual Cash Flow
$14,693.602

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