$45,000
↓ $5K (10%)
●
Land -
For Sale
187 th Street East & Avenue M-8
Lancaster, CA 93535
Studio
0 Bath
$221
Est. Monthly
About This Property
20+ acres with Lake Los Angeles just 1 mile away for services.
Residential with Heavy Agriculture for all the farming and animals
allowed. Lowest cost per acre in the area! We can show
you.. Be smart, be Land SAVI ~ Buy at the lowest $/acre in
the area to protect your investment! Google Maps
Geo-Coordinates are (34.63771757, -117.79375279)
Unit Size
-
Days on Market
362 days
Land Size
20.57 acres
Price per sqft
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Property Type
Land
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100% Occupancy
N/A (extreme outlier) 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.
Last updated: 3 months ago (CRMLS #219138388DA)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Aug 14, 2026 | Price Decreased |
$45,000
↓ $5K
(10%) | |
| Price Decreased | |||
| Jul 10, 2026 | Price Decreased |
$50,000
↓ $5K
(9.1%) | |
| Price Decreased | |||
| May 8, 2025 | Listed by Tocchini Real Estate | $55,000 | |
| Listed by Tocchini Real Estate | |||
| Oct 13, 2022 | No longer available | - | |
| No longer available | |||
| Apr 27, 2022 | Listed by Coldwell Banker Commercial/Valley Realty | $35,000 | |
| Listed by Coldwell Banker Commercial/Valley Realty | |||
| | |||
|
Good level property with a strategic, ''mid-cities'' location just 1/2 mile south of Columbia Way (Ave M) and minutes from the Freeway! This parcel is in the city of Palmdale zoned M-4 (Planned Industrial) and is located near the proposed Antelope Valley Business Park'', an approved Specific Plan covering apx. 200 acres located at the SEC of 10th St West and Columbia Way! The property has parcel 2 easement to the East Section line, future ''Division St.'', and is near existing industrial development on Sierra Hwy!
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Property Highlights
Exterior Details
Lot Size Area: 896024
Lot Size Units: Square Feet
Lot Size Acres: 20.5699
Lot Size Square Feet: 896024
Utilities Details
Sewer : Other
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About Palmdale
Similar Homes for Sale
Currently no similar homes aroundNearby Rentals
Listed by: Jerry Tocchini, Tocchini Real Estate
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219138388DA
Last Updated: 3 months ago
Data Source: CRMLS, MLS# 219138388DA
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