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Property profile & analytics
OFF-MARKET Estimated value $605,000
Warehouses

44820 Yucca Ave Lancaster, CA 93534-3205

11,400 SF 0.39 ac lot Built 1953
Individually Owned 7-yr Hold Absentee Owner Free & Clear
Property ID
US09-6920452
Property summary
AI-generated overview

This Lancaster, CA property offers 17,000 square feet of industrial space across two buildings situated on a 0.59-acre lot. The property consists of two side-by-side buildings with separate APNs (3138-018-016 & 017), sold together only. One building, totaling 11,400 square feet, is currently leased until June 30, 2025, and features 11-foot roll-up doors, a fenced loading area, three small offices, two bathrooms, and three storage closets. This building is divided into two large warehouse spaces and allows for potential front loading. The second building, encompassing 5,600 square feet, is leased month-to-month and includes a roll-up door, office, and bathroom. Both buildings have rear roll-up doors and fully fenced loading areas. Ceiling heights range from 11 to 14 feet. The property is classified as Class C, multi-tenant, and zoned for Lancaster Station Zone, offering expanded permitted uses. Importantly, the property is not zoned for cannabis cultivation. The asking price is $4,675,000. This mixed-use (Distribution, R&D, Warehouse) property is located at 44820 Yucca Ave, Lancaster, CA 93534, and benefits from its location within an Opportunity Zone, providing potential tax advantages for investors. Built in 1953, this property presents a compelling investment opportunity in a dynamic location.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1953
Construction TILT-UP CONCRETE
Total area 11,400 SF
Lot 0.39 ac (17,072 SF)
Zoning code LRM1*
APN 3138-018-016
UPID US09-6920452
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$430k
CAP Approach CAP
by Request
Comparable Approach Comparable
$495k
Blend (final) Blend
$605k
Owner & transaction history
J · 7 yrs held
J
since 2019
7 recorded transactions
2019
$1.6M
2019
Price N/A
2018
Price N/A
2018
Price N/A
2006
Price N/A
1998
Price N/A
1964
$56,500
Zoning & alternative use
LRM1* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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