0 Aerospace Hwy
About This Property
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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%.
How much can I actually make?
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.
How is cap rate calculated?
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 |
|---|---|---|---|
| Dec 8, 2025 | Price Decreased |
$12,500
↓ $2K
(13.8%) | |
| Price Decreased | |||
| Oct 23, 2025 | Listed | $14,500 | |
| Listed | |||
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Aerospace Highway Frontage, 2.74 Acres of Prime Mojave Desert land. Great paved road easy access for future development, recreational use, or low maintenance land investment. Located strategically between Honda Proving Center of California and the Hyundai Motor Group’s California Proving Group. Only 10 miles from downtown Mojave, about 20 miles from Edwards Air Force Base, 22 miles from Red Rock Canyon State Park, 27 miles from California City, and about 85 miles from Los Angeles. Lot sold AS-IS. We believe all information provided is accurate, however the Buyer must conduct their own due diligence and verify all information. Lot lines are estimated and not exact measurements. Priced for a quick sale. Seller looking to assign contract. GPS Coordinates: 35.235519, -118.044877.
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| Jul 2, 2023 | No longer available | - | |
| No longer available | |||
| Jan 3, 2023 | Listed | $100,000 | |
| Listed | |||
| Jan 2, 2023 | No longer available | - | |
| No longer available | |||
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