Lancaster Industrial Flex
45240 Trevor Avenue Lancaster, CA 93534
For Sale
$649,000
COMMERCIAL - Lancaster, CA
Property Size3,411 SF
Lot Size0.26 Acres
Price / SF$190.27
Days on Market150
Property Features for 45240 Trevor Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LRHI
Standard status
Active
APN
3137-015-048
Size
3,411 SF
Lot size
0.26 Acres
Utilities
Cooling system
Evaporative Cooling
Building Details
Year built
1953
Floors in Building
1
Building materials
Steel Siding
Roof type
Asphalt
Listing Agency:
Real Estate Professionals of A.V.
(661) 435-1754
Listed By:
Edward Markosyan · License #01369360
(661) 618-7436
Added: Mar 1
Changed: Apr 30
Last Checked: Jul 29 at 9:06PM
MLS# 26001755
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 freestanding industrial flex building, constructed in 1953, offers an owner-user opportunity. The steel building encompasses 3411 square feet and is situated on a 0.26-acre lot. The property features six gated parking spaces, two private offices, and a roll-up ground-level door. Ceilings range from 12 to 14 feet. The property will be delivered vacant at the close of escrow. Its location provides convenient access to the 14 freeway, making it suitable for investors or users seeking immediate occupancy in the Antelope Valley area.
Key Highlights
- Delivered vacant, offering immediate occupancy for owner‑users
- Strategic location with easy access to the 14 freeway
- Free‑standing industrial flex building
Financial Insights For Flex RnD
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.7k | $21.60 |
| − Vacancy | −$4.4k | −$1.30 |
| EGI | $69.3k | $20.30 |
| − OpEx | −$24.2k | −$7.11 |
| NOI | $45.0k | $13.20 |
3,411 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$643.1K
$562.7K – $750.3K
NOI $45,017 @ 7.0% cap · market cap 6.94%
Second Best
Industrial
$593.1K
$519.0K – $692.0K
NOI $41,519 @ 7.0% cap · market cap 6.40%
Theoretical Best
Office A
$1.07M
$937.5K – $1.25M
NOI $75,001 @ 7.0% cap · market cap 11.56%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Exotik Blendz Mobile bartender — 45426 4th St E, Lancaster, CA 93535
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding industrial flex building in Lancaster, California, for sale.
Where is this flex space located?
The property is located at 45240 Trevor Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $649,000.
What are key features of this property?
This property features: Delivered vacant, offering immediate occupancy for owner‑users; Strategic location with easy access to the 14 freeway; Free‑standing industrial flex building
