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706 W Milling St
Lancaster, CA 93534
RTI-ready 10% CAP development project · Land For Sale · 0.32 AC

Executive Summary

Prime Lancaster Commercial Land / Parking Lot Opportunity
Excellent opportunity to acquire a strategically located commercial property at 706 W Milling St, Lancaster, CA 93534. The property consists of approximately 13,871 SF of land and is currently utilized as a parking lot, offering a flexible opportunity for an investor, owner-user, or developer looking to acquire a well-positioned parcel in the Lancaster market.
The property is located within Los Angeles County and benefits from convenient access to surrounding commercial corridors, residential neighborhoods, and major transportation routes. With its existing parking use and substantial lot area, the property presents potential for continued parking operations, redevelopment, or other commercial uses, subject to applicable zoning, permitting, and city approvals.
The parcel is identified as APN 3133-023-025 and is zoned LRC* according to the available property data. Buyers and their representatives are encouraged to independently verify zoning, permitted uses, development standards, parking requirements, utilities, and all other property information with the appropriate governmental agencies.
Property Highlights:
Approximately 13,871 SF lot
Existing parking lot use
Commercial property designation
LRC* zoning per available property data
APN: 3133-023-025
Located in Lancaster, CA 93534
Excellent opportunity for investors, developers, and owner-users
Potential for multiple future uses, subject to zoning and governmental approvals
An excellent opportunity to secure a sizable commercial parcel in Lancaster with existing parking use and future potential. Contact the listing agent for additional information, due diligence materials, and showing instructions.

Property Facts

Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Parking Lot
Total Lot Size 0.32 AC
Opportunity Zone Yes
Zoning LRPR

1 Lot Available

Lot

Price $344,734 CAD
Price Per AC $1,082,590.48 CAD
Lot Size 0.32 AC

Property Taxes

Property Taxes

Parcel Number
3133-023-025
Land Assessment
$309,474 CAD
Improvements Assessment
$1,446 CAD
Total Assessment
$310,920 CAD
  • Listing ID: 41841748

  • Date on Market: 2026-08-21

  • Last Updated:

  • Address: 706 W Milling St, Lancaster, CA 93534

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