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Commercial Land for Sale in Lancaster, California

42055 Challenger Way, Lancaster, CA 93535

$799,000
3.85 acres
Active
$850k drop
Est $5,926/mo

Fantastic corner lot, in the industrial hub of Lancaster. Almost 4 Acres of Heavy industrial M2 zoned land coveted with commercial cannabis use With a conditional use permit, this land can be developed for use in multiple ways in the Cannabis industry. Land uses in addition to Cannabis include Recycling industries, Manufacturing, construction storage, Truck Parking Etc. There are several points of access to the property for large trucks. This property already has water, electricity and gas running to it, so no need to pull it from the street. Accessible property for buyer with large water needs. (Water access to property is abundant with set monthly cost for any amount of water used.)

This property is in a great location in a growing industrial area of city, close to all local freeways. This property is in a secure and safe part of town proximal to the Airport, the courthouse and City Hall. Centrally located, this property provides a good area to start a distribution center for a multitude of larger cities.

Location

Street address
42055 Challenger Way
Elevation
2,510 feet
Coordinates
34.6466, -118.1129

Directions

CA-14 N to W Ave N in Palmdale. Take exit 39 from CA-14 N, Continue on W Ave N. Take Sierra Hwy to 8th St E

Property details

Acreage
3.853 acres
Zoning
LRHI*
MLS #
MRMLS OC25022333
Posted

Parcels

  • 3126017021

Details and features

Listing

Type
Land
Subtype
Other

Exterior

Features
Storm Drains Community Features Included, Street Lights

Listing history

DateEventPriceChangeSource
Aug 2, 2025Price drop$799,000$850,000 -51.5%MRMLS
Feb 11, 2025New listing$1,649,000MRMLS
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This 3.853-acre property is located at 42055 Challenger Way in Lancaster, CA 93535. The property is available for sale for $799,000 with a price per acre of $207,371.

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