0 Columbia Way
About This Property
Coordinates: 34.646139, -118.108056
4.9 acre of Prime Commercial Land just across the street from Northrop Grumman on Colombia Way a highly traveled Highway in Palmdale, CA. Super Investment opportunity in a growing City Great location and zoned for industrial use. Electric poles are also on the street for future electrical hookup. New commercial businesses opening up nearby don't miss this opportunity.
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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 |
|---|---|---|---|
| Sep 29, 2026 | Listed by HOME & LAND SOURCE | $110,000 | |
| Listed by HOME & LAND SOURCE | |||
| Apr 27, 2025 | Price Decreased |
$150,000
↓ $5K
(3.2%) | |
| Price Decreased | |||
| Nov 8, 2024 | Price Decreased |
$155,000
↓ $25K
(13.9%) | |
| Price Decreased | |||
| Oct 10, 2024 | Relisted | $180,000 | |
| Relisted | |||
| Oct 6, 2024 | No longer available | - | |
| No longer available | |||
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About Lancaster
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Phone: 425-283-2930
Address: 335 Madison Avenue, New York, NY 10017