For Sale
$1,800,000

0 Challenger WayLancaster, CA 93534

High-traffic corner lot, ideal for QSR, retail.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 7.52-acre commercial land parcel presents a remarkable investment opportunity in Lancaster, California. Located on a signalized intersection of Challenger Way and Avenue I in Los Angeles County (APN 3176-018-022), this property boasts a prime location surrounded by established residential areas, ensuring high visibility and accessibility. Zoned for Commercial Mixed Use, the land is suitable for a variety of developments, including quick-service restaurants (QSR), fast food establishments, restaurants, shopping centers, and self-storage facilities. The property's strategic position adjacent to a newly constructed mobile gas station, with convenient access from both Challenger Way and Avenue I, further enhances its appeal. All utilities are readily available at the street. Estimated daily traffic counts exceed 19,000 vehicles, providing significant potential for customer traffic. The seller is offering attractive financing options, including potential seller financing with a 20% down payment and approved credit for a term of up to 10 years. This is a rare opportunity to acquire a substantial commercial land parcel in a thriving area with excellent growth potential. The asking price for this exceptional property is $1,800,000.

Highlights

  • 7.52+/- acres of commercial land at a signalized intersection in Lancaster, CA.
  • Excellent location surrounded by residential areas, ideal for QSRs, restaurants, retail, or self-storage.
  • Situated adjacent to a new mobile gas station, with access from Challenger Way and Avenue I.
  • All utilities available at the street; estimated daily traffic count exceeds 19,000 vehicles.
  • Seller financing available with 20% down, approved credit, and terms up to 10 years.

Property Details for 0 Challenger Way

Property type
Lifestyle centers, Power centers
Lot Size (sq. ft)
327,571 SF

Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.70002849963
Longitude
-118.11255668243
Challenger Way, Lancaster, California

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0 Challenger Way
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