If you’ve been paying attention to commercial real estate trends, you’ve probably noticed one thing: data centers are showing up everywhere. What were once farmland sites, edge-of-town industrial parcels, or low-intensity commercial corridors are now being considered or actively developed as large-scale data center projects. These facilities power cloud computing, AI, and the digital economy, but their rapid expansion has created a new set of challenges for nearby property owners. Noise from cooling systems. Increased truck traffic. Stormwater runoff. Light pollution. Business disruption. And in many cases, real, measurable impacts on property value. Until recently, there hasn’t been a clear, consistent way to address those impacts. That may be starting to change. A New Illinois Bill That Puts Appraisers at the Center of the ConversationIn early 2026, lawmakers in Illinois introduced House Bill 4319, the Property Owner Protection from Data Center Impacts Act. While the bill applies specifically to Illinois, its implications reach far beyond state lines, especially for property owners, attorneys, and developers navigating modern land use conflicts. At its core, the bill does something important and overdue: it recognizes that data center impacts are real economic events and that independent appraisers are best equipped to measure them. Under the proposed legislation, property owners located within 1,000 feet of a data center could seek compensation if they experience measurable harm, including:
What’s notable isn’t just what qualifies as harm, it’s how that harm is evaluated. Moving Away From Guesswork and Toward Market EvidenceToo often, property impact disputes fall into one of two buckets:
HB 4319 introduces a different approach, one grounded in professional appraisal standards and independent analysis. The bill requires both the property owner and the data center developer to obtain appraisals prepared by state-certified or licensed appraisers. If those appraisals differ by more than 10 percent, a third appraiser is randomly selected by the state to reconcile the difference. Just as important: all appraisal costs are paid by the data center owner, not the impacted property owner. This framework does something rare in land use policy: it creates a structured, neutral process that relies on market evidence instead of speculation or political pressure. Why This Matters to Property Owners and Decision-MakersFrom a property owner’s perspective, this kind of legislation is significant because it acknowledges a simple truth: not all impacts show up as physical damage. A property can remain structurally intact and still lose value due to external factors. Buyer perception changes. Risk increases. Functional utility declines. Operating costs rise. Businesses struggle with access, visibility, or disruption. These are exactly the kinds of issues appraisers analyze every day. Independent appraisals don’t just ask, “What should this property be worth?” They ask, “How does the market actually respond to this situation?” That distinction matters especially when dealing with new and evolving land uses like data centers. The Growing Role of Appraisers in Emerging Land Use ConflictsData centers are not traditional industrial properties. Their impacts vary widely depending on design, location, energy infrastructure, cooling systems, and hours of operation. Two facilities of similar size can produce very different outcomes for neighboring properties. That’s why cookie-cutter formulas don’t work. Professional appraisers are uniquely positioned to evaluate:
Legislation like Illinois HB 4319 reflects a growing recognition that appraisers are not peripheral to these discussions; we’re central to them. Balancing Development and Property RightsIt’s important to note that this bill isn’t anti-development. Data centers are a critical infrastructure, and many communities want them. What this approach does is create balance. By requiring developers to internalize the cost of measurable harm through independent appraisal analysis, projects are more likely to account for site selection, mitigation strategies, and long-term impacts upfront. At the same time, property owners gain a credible, professional pathway to address losses without immediately resorting to litigation. That balance benefits everyone involved. Why This Could Be a Model for Other StatesWhile HB 4319 applies only to Illinois, similar issues are emerging nationwide. As data centers, logistics hubs, renewable energy facilities, and other intensive land uses expand, local governments are struggling to keep pace. This bill offers a model other states may follow:
For the appraisal profession, that’s an encouraging signal. It suggests policymakers are beginning to understand that market value questions should be answered by market professionals. What This Means for Clients Working With Independent AppraisersFor property owners, attorneys, municipalities, and developers, the takeaway is simple: independent appraisal expertise is becoming more important, not less. As land use conflicts grow more complex, credible valuation will increasingly determine outcomes, whether in negotiations, regulatory processes, or courtrooms. Working with an appraiser who understands not just the numbers but also market behavior, external influences, and emerging property risks can make the difference between speculation and defensible conclusions. And as legislation like this evolves, appraisal-supported analysis will continue to be the foundation for fair, informed decision-making.
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Appraisal Review as Risk Management: What Bank OZK’s Transparency Signals to Lenders and Counsel1/28/2026 
In commercial real estate lending, appraisal review is often treated as a requirement to be checked off. In reality, it is one of the most important risk controls a lender has. That is why a recent disclosure from Bank OZK deserves attention from bankers, attorneys, and anyone responsible for credit oversight. Instead of using general language about independent appraisals or sound underwriting, the bank chose to explain exactly how appraisal review is handled and who performs it. Bank OZK announced that appraisal reviews in its Real Estate Specialties Group are done by appraisers who have the MAI designation. This detail is rare in public statements. It clearly shows how much the institution values accurate property valuation, responsibility, and careful lending. Why Appraisal Review Is More Than a Compliance ExerciseFrom a regulatory perspective, appraisal review is required. From a risk perspective, it is essential. Loan structure, advance rates, covenants, stress tests, and exit strategies all rely on the accuracy of the valuation. If an appraisal is weak or key issues are missed in review, the risk exists long before any payment problem appears. Too often, appraisal review becomes procedural.
Those checks are necessary, but they are not enough. Real review requires judgment, market knowledge, and the willingness to challenge assumptions when conditions are uncertain or changing. What Bank OZK’s Disclosure Really CommunicatesBy stating that MAI-designated appraisers perform appraisal reviews, Bank OZK is making several points clear.
For institutions with significant commercial real estate exposure, these signals matter. They show that valuation risk is addressed early rather than discovered later in a downturn. Why This Matters to Legal CounselFor in-house and outside counsel, appraisal review quietly supports risk control. A well-documented independent review helps establish the reasonableness of underwriting decisions, the defensibility of credit actions, and evidence of sound governance during examinations or litigation. When valuation disputes arise, the quality of the review file often determines how strong the institution’s position will be. A strong review process does not eliminate risk, but it reduces legal and reputational exposure by showing that decisions were informed by competent and independent analysis. The Role of Independent Appraisal ReviewOne of the most important lessons from Bank OZK’s example is the role of independence. Independent reviewers are not connected to production targets, relationships, or internal pressures. Their job is to judge conclusions fairly and spot risks that others might miss. Quality review checks if the market supports the assumptions, identifies new risk factors, uses appropriate comparison data, ensures analysis matches conclusions, and considers market changes and liquidity. This level of review is especially important for construction loans, specialized assets, transitional properties, thin markets, and loans near regulatory or internal limits. Raising the Standard for Valuation GovernanceAs markets evolve, valuation risk is becoming more complex and more consequential. Treating appraisal review as a formality may satisfy minimum requirements, but it offers little protection when conditions change. A rigorous independent review function strengthens underwriting, improves portfolio insight, and creates a clear record of prudent risk management. How My Appraisal Review Services Support Lenders and CounselMy appraisal review practice is designed to support lenders, credit committees, attorneys, and fiduciaries who need more than surface level review. Services include independent USPAP-compliant reviews, risk-focused analysis aligned with credit and legal standards, clear identification of material issues, defensible written reports for regulators and committees, and support for complex assets, litigation, workouts, and policy compliance. The goal is not criticism for its own sake. The goal is to ensure that valuation conclusions are credible, supportable, and consistent with real market behavior. Your Steps AheadIf you are responsible for managing commercial real estate risk, the quality of your appraisal review process matters more than ever. Whether you need an independent third-party review, support for complex transactions, a review aligned with regulatory or legal standards, or objective valuation oversight, I welcome the opportunity to discuss how my services can support your decision-making. Strong appraisal review is not just good practice. It is a critical line of defense. 
In the past year alone, I have identified valuation errors of approximately $76 million, $60 million, and $45 million in three separate data center appraisals. These were not small differences. They were serious problems based on guesses without proof, wrong methods, and missed risk factors. The errors were big enough to change loan-to-value ratios, credit decisions, and portfolio risk. Each appraisal had already been through a review process. That experience highlights what many lenders are discovering in 2026: appraisal review is no longer a “check-the-box” function. It’s a critical risk-management control, especially for specialized assets and high-exposure CRE portfolios. For national and multi-state lenders, the stakes are even higher. When you’re managing collateral risk across multiple markets, property types, and underwriting teams, review quality needs to be consistent, defensible, and examiner-ready. That’s why more banks, credit unions, debt funds, and private lenders are turning to independent, outsourced appraisal review. How Do Lenders Benefit from Appraisal Review IndependenceBelow are eight reasons why. 1. Outsourcing Transfers Valuation Liability to an Accountable Third PartyOne of the most practical benefits of outsourced appraisal review is accountability. Independent reviewers carry professional licensure and professional obligations. They have something tangible at stake if review work is careless, especially when affiliated with organizations that impose additional standards and ethics oversight. Internal reviewers, by comparison, typically do not carry personal professional liability in the same way. Outsourcing creates a clearer line of independent responsibility and can strengthen defensibility when the work is examined after the fact.
Appraisal review is a specialty. It requires more than confirming that a report “looks complete.” A strong review tests:
Independent reviewers often focus heavily on review work and maintain continuing education geared toward valuation risk, review standards, and complex CRE analysis. 3. Outsourcing Eliminates the Appearance of Conflicts of InterestRegulators and examiners care about independence in fact and in appearance. When review is performed inside the institution, especially near production or underwriting, there can be perceived pressure to “keep the deal moving.” Even if the internal reviewer is diligent, the appearance issue can remain. Independent third-party review avoids that perception and supports a cleaner governance posture. 4. Reviews Must Be Commensurate With Transaction Complexity and RiskRegulators expect review depth that matches the risk profile of the loan. That creates a challenge for national lenders: internal teams may be stretched across markets and property types, and it’s difficult to maintain deep competency across everything from stabilized multifamily to specialized industrial and infrastructure-heavy assets. Outsourcing lets you scale review expertise based on risk, deal by deal, without overbuilding permanent internal headcount. 5. USPAP Standard 3 Requires Specific Review CompetencyAppraisal review is governed by USPAP Standard 3, and compliance is not automatic. A credible review must define scope, analyze data relevance, test assumptions, and clearly support the reviewer’s conclusions. Many “reviews” in the market are closer to administrative checks than true Standard 3 analysis. Independent review work that is explicitly structured for Standard 3 reduces regulatory vulnerability and strengthens file defensibility. 6. If a Review Includes a Value Opinion, the Reviewer Must Be Licensed/CertifiedIf a review crosses into an opinion of value, a licensed/certified appraiser is required. This is a frequent compliance pitfall, especially when internal processes blur the line between “review commentary” and “value conclusion.” Independent appraiser-reviewers are trained to recognize where that line is and document the assignment appropriately. 7. Property-Type Competency Prevents Hidden Risk (Especially in Specialized Assets)The biggest valuation problems rarely come from typos. They come from:
This is especially true in data centers and other specialized CRE, where power infrastructure, tenancy, redundancy, and capex can change risk dramatically. As noted at the beginning, I’ve found $76M, $60M, and $45M valuation errors in three separate data center appraisals during review engagements over the last year, issues significant enough to materially affect lending decisions. 8. Examiners Prefer Independent ReviewsExaminers prefer independent appraisal review, particularly when the reviewer is accountable to professional standards and ethics frameworks beyond the institution itself. For national lenders, this is a practical advantage: independent review supports consistency across regions and helps standardize defensibility across the portfolio. Independent Appraisal Review Services for National LendersAt Voltz Commercial Realty Advisors, appraisal review services are designed for banks, credit unions, debt funds, private lenders, and legal counsel that need consistent, defensible valuation oversight, across markets and property types. Services include:
Learn more: https://www.voltzrealestate.com Connect on LinkedIn: https://www.linkedin.com/in/scottvoltz Your Steps AheadIf your institution is tightening valuation governance, expanding nationally, or increasing exposure to specialized CRE, I’m happy to discuss how independent appraisal review can strengthen your underwriting and regulatory defensibility. Independent review isn’t just good compliance, it’s sound risk management. FAQs for Lenders About Outsourced Appraisal ReviewDo banks have to outsource appraisal review? No. Banks do not have to outsource. But many do. It can help keep the review independent. It also adds extra skill for hard deals and helps with exams. What is USPAP Standard 3 and why does it matter? USPAP Standard 3 is the rule for appraisal review. It sets what a real review should do. The review should state the scope, test key facts and methods, and back up the reviewer’s view. This helps the bank explain its credit calls in an exam or dispute. When does an appraisal review become an opinion of value? A review becomes an opinion of value when the reviewer gives their own value, not just a check on the work. In that case, the reviewer should be a licensed or certified appraiser and must write up the work the right way. Which loans most benefit from independent review? Loans for new builds, big changes to a property, special-use sites, thin or small markets, large loan sizes, and complex CRE (like data centers) often need more review. These deals have more risk, and a simple check may miss key issues. Can you support multi-state or national lending platforms? Yes. A third-party review firm can use the same steps and forms in all areas. This gives one clear standard for all branches and regions. How does outsourced review help with regulatory examinations? An outsourced review can show stronger independence, clear roles, and solid files. These are things exam teams look for when they check your valuation and credit process. 
Recently, I had to request four separate revisions to a hotel appraisal report, not because market conditions changed, but because each time the appraiser corrected one error, two new errors were introduced.
More troubling was the Certification. The report identified a single signing appraiser, yet disclosed “significant professional assistance” from two junior individuals, with no indication that either possessed appraisal education, valuation training, or financial modeling expertise. This was not a difference of professional judgment. It was a supervision failure. What Makes Appraisal Reviewers Essential Here? That experience is not unusual. It illustrates a structural reality in today’s appraisal reviews, and it explains why independent appraisal reviewers will always have a job as long as junior appraisers are customer-facing and not properly supervised by their signing appraisers. The Structural Problem Lenders Keep EncounteringAcross the country, appraisal firms increasingly rely on junior staff to manage:
For lenders, this creates a serious disconnect: The person communicating conclusions is not the person exercising professional judgment. Lax Pre-Delivery Review Is the Root CauseAppraisal reviewers consistently encounter reports that clearly did not receive meaningful review before delivery.
Evaluation of whether the methodology matches the property risk Instead, reviewers see:
Repeat Errors Reveal the Absence of SupervisionNothing exposes weak supervision faster than repeat errors after revisions. When the same issues reappear or when new errors replace corrected ones, it strongly suggests that:
At that point, appraisal review stops being a review and becomes risk mitigation. How Poor Appraisal Reviews Directly Delay Lender Timelines Lenders often blame appraisal review for closing delays. In reality, poor supervision upstream is usually the culprit. Weakly supervised appraisals lead to:
A single, well-supervised appraisal reviewed once is far faster than four rounds of revisions caused by preventable errors. Why Appraisal Reviewers Become the Back-End Quality Control Because supervision has eroded in many appraisal practices, reviewers are forced into a role they were never meant to fill: primary quality control. Instead of evaluating risk and credibility, reviewers must:
Regulatory and Legal Exposure for Lenders From a regulatory perspective, examiners care about:
Repeated deficiencies raise red flags about appraisal competency and lender reliance. From a legal standpoint, poor supervision weakens a lender’s defense if a valuation is later challenged. Why This Isn’t Going Away The incentives remain misaligned:
What This Means for Lenders Nationwide Independent appraisal review is no longer optional; it is risk infrastructure. It:
Independent Appraisal Review Services for Lenders At Voltz Commercial Realty Advisors, our appraisal reviews are built specifically for banks, credit unions, national lenders, debt funds, and legal counsel. Services include:
Learn more: https://www.voltzrealestate.com Connect on LinkedIn: https://www.linkedin.com/in/scottvoltz Your Next Steps If your institution is experiencing repeated appraisal issues, delayed closings, or increasing examiner scrutiny, it may be time to reassess how valuation risk is being managed. Independent appraisal review is not about second-guessing; it’s about protecting credit decisions, timelines, and regulatory standing. If you’d like to discuss how an independent review can support your lending platform, I welcome the conversation. FAQs Why do appraisal reviewers find so many basic errors? Because many appraisals are delivered without meaningful supervisory review. Are junior appraisers the problem? No. The issue is insufficient supervision, not junior staff. Why do errors reappear after revisions? Repeat errors indicate revisions are handled without senior oversight. How does this affect lender timelines? It causes multiple review cycles, delays, and missed closing deadlines. What can a lender do if this keeps happening? If warning the appraiser does not resolve the issue, lenders may:
Will appraisal reviewers always be necessary? As long as supervision gaps exist, independent reviewers will remain essential.  Specialized Valuation for Digital Infrastructure Assets
At Voltz Commercial Realty Advisors, we deliver specialized appraisal and consulting services for data centers across the United States and select international markets. Our valuation approach integrates traditional commercial real estate methodology with the technical, engineering, and operational metrics that define the digital-infrastructure sector. As cloud computing, AI workloads, and hyperscale development accelerate globally, accurate data center valuation requires precise analysis of power capacity, redundancy, cooling efficiency, and tenant demand—core competencies that Voltz Commercial Realty Advisors brings to every engagement. National & Global Data Center Trends Demand for modern compute infrastructure is increasing at record pace. Key forces shaping today’s market include:
Critical IT Load: Understanding Size & Capacity Modern data centers are classified primarily by critical IT load, not square footage: Edge / Micro Data Centers 0.1– 1 MW Supports low-latency applications (IoT, telemedicine, autonomous vehicles). Enterprise / Retail Colocation 1 – 10 MW Common among regional businesses, finance, and government agencies. Wholesale Colocation / Mid-Market 10 – 40 MW Designed for multi-tenant deployments and large enterprise users. Hyperscale & AI Campuses 40 – 300+ MW Multi-building complexes supporting cloud and AI infrastructure. Valuations prepared by Voltz Commercial Realty Advisors incorporate MW scalability, redundancy tiers, MEP infrastructure, and per-kW economics—key determinants of modern data-center value. Underserved & Emerging Data Center Markets Several regions remain underbuilt relative to global and domestic demand. United States Growth Areas
International Demand Centers
Why Clients Choose Voltz Commercial Realty Advisors Our team brings a combination of commercial real estate expertise, engineering-driven analysis, and market-validated data center economics. Our appraisal services include:
Request a Data Center Appraisal Voltz Commercial Realty Advisors provides valuation and consulting services for data centers nationwide and across select global markets. To request a proposal or speak with an advisor, visit: 👉 www.voltzrealestate.com  Hawaii’s commercial and industrial real estate (CRE) sector remains highly constrained — especially on islands like Oahu where industrial-zoned land is scarce. According to recent data, Oahu’s industrial vacancy rate dropped to just 0.93% in Q4 2024 — effectively near full occupancy. (Brevitas)
This scarcity drives strong demand. Triple-net industrial rents on Oahu have reportedly climbed to around $1.45 per sf/month base rent (gross rents ~ $1.85 including expenses). (Brevitas) As a result, quality retail and commercial properties also enjoy relatively lower cap-rates than mainland equivalents, reflecting stable income streams and limited supply. (Brevitas) These supply constraints and demand dynamics extend — though more variably — across the other major islands (Maui, Hawaiʻi, Kauai), especially in sectors tied to tourism, distribution, hospitality, and essential services. Tourism & Recovery: Maui and the Islands Tourism remains central to Hawaii’s economy. In 2025, state-level economic forecasts show a modest GDP growth projection of 1.3%, driven largely by construction, real estate, and a gradual rebound in tourism. (Hawaii DBEDT) For Maui — which suffered the devastating 2023 wildfires that destroyed homes and commercial districts in areas like Lahaina — recovery is underway but uneven. (Wikipedia) • According to recent reporting, while some tourism and hospitality businesses are reopening, “tourism slowdown, workforce shortage issues, and housing-supply scarcity” remain serious challenges. (Hawaii Public Radio) • But there is a silver lining: construction activity has ramped up as part of rebuilding efforts, offering a stabilizing force for the economy and supporting demand for industrial, commercial, and mixed-use redevelopment. (mauinow.com) Thus, for investors and developers with long-term perspective, Maui—and by extension, other islands—offers opportunities tied to recovery, rebuild, and eventual rebound of tourism-linked demand. Island-by-Island Snapshot (Oahu, Maui, Hawaiʻi & Kauai) Oahu • Industrial vacancy ~ 0.93% (Q4 2024) — extremely tight. (Brevitas) • Industrial rents among highest in the state; demand driven by limited land and steady distribution/logistics needs. (Brevitas) • Retail/commercial cap rates remain strong thanks to consistent consumer demand and supply constraints. (Brevitas) Maui • Tourism and hospitality faced a steep downturn in the wake of the 2023 wildfires; airpassenger arrivals, hotel occupancy, and associated spending fell sharply. (Hawaii DBEDT) • By 2025, recovery efforts include stronger construction activity and redevelopment — providing opportunities for commercial land and industrial use amid rebuilding. (mauinow.com) • Conditional on broader economic and tourism recovery, CRE demand (especially for rebuilding hotels, retail, and essential services) could regain strength over the medium term. Hawaiʻi Island & Kauai • While publicly available industry-wide vacancy numbers for these islands are limited, broader state-level CRE and economic data suggest that demand for essential services, light industrial, logistics (for agriculture and goods flow), and tourism-support infrastructure remains. (alphafundingcorp.com) • On Kauai, recent economic outlook reports (2025) point to softening visitor demand and overall economic headwinds — a caution flag for CRE tied exclusively to tourism. (Kauai County) • For properties oriented to non-tourism sectors — e.g., warehousing, local retail, services, agriculture support — the constrained supply of suitable land and infrastructure on all islands likely sustains long-term value. What CRE Investors & Developers Should Watch • Industrial & logistics space remains at a premium on Oahu. Investors seeking stable yield from warehouse/distribution properties should view Oahu as one of the tightest CRE markets in the U.S. • Post-wildfire redevelopment on Maui may offer value opportunities. As rebuilding proceeds — especially for hotel, retail, mixed-use, and infrastructure — early acquisitions of re-zoned land or redevelopment-ready parcels may yield upside. • Diversified CRE beyond tourism stands a better chance over the long term. Given volatility in travel and visitor arrivals, commercial properties serving local population needs (warehousing, retail, healthcare, light industrial) may provide more stable returns. • Watch macroeconomic headwinds. State forecasts suggest only modest growth through 2025–2026; national and global economic factors—including inflation, tariff pressure, and reduced disposable income—may suppress tourism demand and investment appetite in the near term. (UHERO) Conclusion Hawaii’s commercial and industrial real estate market remains a high-value, supplyconstrained environment — especially in industrial zones on Oʻahu, and in redevelopment hotspots like Maui post-wildfire. While tourism and hospitality-driven CRE face uncertainty in the near-term, broader demand for logistics, essential services, and redevelopment land continues to underpin long-term value on all islands. For investors, developers, and stakeholders with a long-term horizon, the current mixed environment offers both caution signals and strategic opportunities. Note: To discuss your property or request a proposal, visit: www.voltzrealestate.com  Lancaster • Palmdale • Rosamond • Mojave • Greater Antelope Valley Voltz Commercial Realty Advisors
The Antelope Valley has emerged as one of Southern California’s most active commercial and industrial corridors, fueled by aerospace, defense, logistics, renewable energy, and expanding distribution infrastructure. With large development-ready parcels, favorable zoning, and lower land prices than the Los Angeles Basin, the region is attracting national developers and institutional investors looking for scalable industrial opportunities. This SEO-optimized 3-minute market update summarizes the most important 2024–2025 commercial and industrial real estate trends across Lancaster, Palmdale, Rosamond, Mojave, and surrounding areas. 2. Landmark Industrial Developments Transforming the Region Trader Joe’s 1 Million+ SF Distribution Campus (Palmdale) One of the largest commercial projects in the Antelope Valley: • 1.03 million–square-foot distribution hub • Located at Avenue M & 10th Street West, Palmdale • Expected 800–1,000 new jobs • Includes: o 827,000-sf main building o 211,000-sf freezer facility o 117-acre site This project signals long-term confidence in the Valley as a scalable logistics hub Antelope Valley Commerce Center (Palmdale) A major new Class A industrial development along East Avenue M, offering amenities typically found in Inland Empire markets: • 32'–42' clear heights • ESFR sprinklers • Dock-high loading • Divisible large-bay footprints • Buildings up to 275,230 sf Fox Field Industrial Corridor (Lancaster) Lancaster continues building momentum around Fox Airfield, where more than 1.5 million square feet of industrial development is planned or underway. This corridor is positioned to support logistics, aerospace supply chain, small manufacturing, and R&D users. 3. Recent Sales & Key Listings by City Palmdale • 39415 8th Street East – Modern industrial: 193,000–380,410 sf available (for sale/lease). • Sierra Highway Industrial Condos (37900 Sierra Hwy) – Newer construction; ideal for small business owner-users. • Sierra Highway Plaza (190 Sierra Ct) – 89,880-sf multi-tenant industrial; over 90% historical occupancy. Lancaster • Division St & Avenue G (HI land) – Recently sold small industrial parcel (~$110,000), showing strong demand for heavy-industrial zoned land. • NE Corner SR-14 & Avenue G – Proposed 578,000-sf industrial project on 26 acres. • Multiple 2–3 acre industrial land sales in the W Avenue G area closed in the $18,000– $50,000 range. Rosamond • Active inventory includes 50+ industrial-zoned land parcels. • Average price per acre: ~$88,845 • Small improved properties range from $400K–$600K depending on location and utility access. Mojave Centered around Mojave Air & Space Port, one of the region’s most important aerospace hubs: • Industrial buildings, R&D hangars, and storage facilities commonly available for lease • Multiple 2–3 acre M-1 zoned land parcels in the mid-$30,000 range • Strong interest from aerospace, drone testing, and renewable-energy companies 4. Pricing Trends: Stabilizing After Historic Growth Industrial pricing in Los Angeles County surged nearly 48% from 2019 to 2023, driven by record low vacancies and supply shortages. As of 2024–2025: • Asking rents have softened ~6% YoY across LA County • Vacancy has edged upward but remains historically low • Antelope Valley pricing remains more affordable than coastal markets, leading to renewed investor and developer focus. Importantly, the Antelope Valley did not experience the inflated speculative pricing seen in the Inland Empire. As a result, the region remains a value market with long-run upward potential, especially for logistics and aerospace supply-chain users. 5. Outlook for 2025–2026 The Antelope Valley’s commercial and industrial fundamentals remain strong due to: • Abundant land supply • Proximity to LA and the Inland Empire • Major aerospace anchors (Lockheed, Northrop, spaceport activity) • New distribution hubs • Competitive labor pool • Favorable zoning and entitlement pathways Expect continued stability in pricing, robust development activity, and increased institutional investment. Ready to Discuss Antelope Valley Commercial or Industrial Valuation? Voltz Commercial Realty Advisors specializes in: • Industrial appraisal • Commercial land valuation • Aerospace and special-use property analysis • Data center & energy-infrastructure valuation • High-desert market consulting To discuss your property or request a proposal, visit: www.voltzrealestate.com |
Scott Voltz, MAI, AI-GRS, MBAThe latest market trends and real estate information. ArchivesCategories |
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