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    5041 Columbia Way Lancaster, CA 93536

    Sponsored
    For Sale
    $1,700,000

    High-growth potential, 9,242 sqft, 1.5 acres

    Property size:
    9,242 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This Lancaster, CA property offers a unique blend of retail and warehouse space, totaling 9,242 square feet on a 1.5-acre lot (three contiguous parcels totaling 67,497 square feet). The property includes two substantial warehouse buildings and a smaller front building currently operating as a hardware store and U-Haul dealership. Built in 1953 and zoned LCC3, the property boasts convenient access for deliveries and customer traffic, with ample space for trucks, trailers, and heavy equipment. The flat, accessible terrain is ideal for various uses, including equipment rentals, fleet storage, or logistics operations. The existing business provides immediate income, while the property's versatility allows for expansion or a new venture. Its strategic location near major roads, schools, a library, residential areas, and complementary businesses offers strong growth and income potential. Assessor Parcel Numbers: 3102-017-013 / 016 / 017. This turnkey opportunity is perfect for entrepreneurs or investors seeking significant returns.

    Property Features for 5041 Columbia Way

    General Information

    Property type
    Retail properties
    Square Feet
    9,242 SF
    Lot Size
    30,928 SF

    Building Details

    Year Built
    1953
    Property Profile Location Intelligence

    Current Use by Public Records

    De Wolfe Lumber ... Hardware Store U-Haul Neighborhood Dealer Trailer Rental Service

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.22
    Latitude
    34.64585

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    FAQs

    What type of property is this?
    Retail property - High-growth potential, 9,242 sqft, 1.5 acres
    Where is this retail property located?
    The property is located at 5041 Columbia Way Lancaster, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    (310) 316-1014
    Request Owner's contact information
    5041 Columbia Way Lancaster, CA 93536
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    Lancaster, CA 93536
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    5041 Columbia Way Lancaster, CA 93536
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