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Office Building with Conference Room
For Sale
$550,000

44823 Date Avenue, Lancaster, CA 93534

Commercial Sale, Lancaster, CA

Property Size2,774 SF
Lot Size0.20 Acres
Price / SF$198.27
Days on Market11

Property Features for 44823 Date Avenue

General Information

Property type Commercial Sale
Property subtype Office
Zoning Specific Plan | Neighborh
Directions From Lancaster Blvd., head South on Date Avenue for approx. 410 feet and property will be to the right.
Subdivision 03 - Lancaster West
Standard status Active
APN 3134-016-004
Size 2,774 SF
Lot size 0.20 Acres

Utilities

Utilities Natural Gas Available
Cooling system Central Air

Amenities

conference or training room
kitchen/break area

Building Details

Year built 1982
Floors in Building 1
Building materials Frame
Roof type Asphalt
Listing Agency: Coldwell Banker Commercial/Valley Realty
Listed By: John Fidyk · License #02033532
Added: Sep 29 Last Checked: Oct 9 at 2:06AM
MLS# 26007510

Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,774-square-foot office building, constructed in 1982, includes a welcoming lobby, seven private offices, and a conference or training room of approximately 500 square feet. A kitchen and break area, two multi-stall restrooms, and three rear access doors round out the layout. The building has frame construction, central air, an asphalt roof, and natural gas availability. The site measures approximately 8,850 square feet, or 0.2 acres.

Parking totals 16 spaces: 10 client spaces at the front and six employee spaces at the rear. The property is south of The BLVD in downtown Lancaster and falls within the Downtown Lancaster Specific Plan’s Neighborhood Office District zoning. The stated zoning supports consideration of professional and medical uses.

Key Highlights

  • 2,774‑square‑foot office building on an approximately 8,850‑square‑foot lot
  • Seven private offices and a conference or training room of approximately 500 square feet
  • 16 parking spaces: 10 client spaces in front and six employee spaces behind the building

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$44,215
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,300 $884.3K
Cap Rate 7%
$631,643 $631.6K
Cap Rate 9%
$491,278 $491.3K
Market Conditions
NOI Build-Up for 2,774 SF
Gross rent
$73.2K $26.40/SF
− Vacancy
−$14.3K −$5.15/SF
EGI
$59.0K $21.25/SF
− OpEx
−$14.7K −$5.31/SF
NOI
$44.2K $15.94/SF
Area
Lancaster, CA
Vacancy
19.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,300
Cap Rate 7%
$631,643
Cap Rate 9%
$491,278

Alternative Uses

Best Use
Office B
$631.6K
$552.7K – $736.9K (±1% cap)
NOI $44,215 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$871.3K
$762.4K – $1.02M (±1% cap)
NOI $60,994 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

The High Road Program Social Service Agency

Suggested Use

Top Pick Real Estate Agency Pharmacy Grocery & Convenience Store Electrical Service Home Appliance Store Travel Agency

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,244
Businesses Nearby

Demographics for 93534, CA

43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Seven private offices and dedicated meeting space accommodate professional or medical operations.
Where is this office building located?
The property is located at 44823 Date Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,774‑square‑foot office building on an approximately 8,850‑square‑foot lot; Seven private offices and a conference or training room of approximately 500 square feet; 16 parking spaces: 10 client spaces in front and six employee spaces behind the building
More about this property
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