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0 243rd E
About This Property
Whether you are looking to establish a heavy agricultural setup, build a custom haven, or secure a strategic investment property, this 55,103 square-foot lot provides the space you need.Conveniently located near Highway 18 (Palmdale Blvd) and Pinon Hills, you get the perfect balance of rural tranquility and accessible routes. Plus, with a local business situated right next door, you benefit from established activity in the immediate vicinity. Property Highlights:Location: 11 243rd St E #V, Palmdale, CA 93591.Lot Size: 1.265 Acres / 55,103 Sq Ft.Zoning: A-2 (Heavy Agricultural), confirmed by LA County, offering highly flexible agricultural, farming, and building uses.Topography: Rolling/Hilly landscape, perfect for creative grading and dynamic property layouts.Utilities: Electricity is available locally, giving you a major head start on your development plans.APN: 3089-005-013.Directions & Easy Location:Locating vacant land out in the desert can sometimes be troublesome! To make it as easy as possible for you to drive right up to the property line, please text me directly, and I will send you the exact Google Maps pin.Bring your builder, your agricultural vision, and your imagination! Land with this specific heavy agricultural zoning and prime highway access presents a rare opportunity. Drive by and explore the potential today!
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What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
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Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
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Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 13, 2026 | Listed by Coldwell Banker Envision | $17,500 | |
| Listed by Coldwell Banker Envision | |||
Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017