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    Flexible Industrial Building with Storage Title is generated by Realmo AI

    113 Pillsbury Street, Lancaster, CA 93534

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    Claim this Listing
    For Sale
    $449,500

    Versatile fenced yard property with an adaptable main building, restrooms, and a newer outdoor storage shed.

    Type:Mixed Use
    Property size:
    2,290 SF
    Lot size:
    7,000.00 Acres
    Price / SF:
    $196/SF
    Added:
    Apr 18, 2026
    Days on Market:
    60
    Last Refresh:
    Jun 15 at 4:58 am

    Property Features for 113 Pillsbury Street

    General Information

    Standard status
    Active
    Size
    2,290 SF
    Lot size
    7,000.00 Acres
    Property subtype
    Mixed Use

    Building Details

    Year Built
    1976

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    Listing Contact
    Patrick Fossati
    Patrick Fossati

    Listing agent Patrick Fossati License #01907255

    Listing office RE/MAX Gold Coast REALTORS

    Listing date Apr 18, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of RE/MAX Gold Coast REALTORS

    HighLights

    • 2,290 sq. ft. main building on a 7,000+ sq. ft. lot in Lancaster’s commercial/industrial district
    • T.O.D Z one zoning allows a variety of uses, including retail, commercial, office space, and light industrial
    • Main building features a large open room with multiple doors, plus 2 restrooms and office/reception areas
    • Fresh interior paint; brand new electrical panel
    • Fully fenced property with parking in front and additional parking within the fenced area
    • Outdoor storage shed and steel gate & fence built less than 5 years ago; tar & gravel roof

    Overview

    The property includes a 2,290-square-foot main building with a large open room and multiple doors that may allow for division into separate rentable suites. Inside, there are two restrooms, additional office/reception areas, and a designated space that could serve as a break room or kitchen. Recent improvements include fresh interior paint and a brand-new electrical panel. The site also features a large outdoor storage shed, along with steel gate and fencing built less than five years ago.

    Set on a 7,000+ square foot lot, the majority of the property is fully fenced, with some front parking spaces and additional parking within the fenced area. The property is located in Lancaster’s T.O.D One zoning area, which supports a variety of different uses including retail, commercial, office, and light industrial. Public remarks note road frontage along Division Street and proximity to Lancaster’s “Blvd” commercial/industrial area.

    This configuration can fit businesses that need both interior space and yard storage, while also supporting users seeking flexible zoning options within the T.O.D One district. For buyers or investors, the property’s adaptable building layout and fenced outdoor area may be useful for a range of operating models where suite flexibility and secure storage are important.

    Local Financial Insights For Retail

    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 $57.7k $25.20
    − Vacancy −$3.5k −$1.51
    EGI $54.2k $23.69
    − OpEx −$16.3k −$7.11
    NOI $38.0k $16.58
    2,290 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $542.5K
    $474.7K – $632.9K (±1% cap)
    NOI $37,972 @ 7.0% cap · market cap 8.45%
    Second Best
    Office B
    $521.4K
    $456.3K – $608.3K (±1% cap)
    NOI $36,500 @ 7.0% cap · market cap 8.12%
    Theoretical Best
    Office A
    $719.3K
    $629.4K – $839.2K (±1% cap)
    NOI $50,352 @ 7.0% cap · market cap 11.20%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Budale Driving School Training Center Browne Charles L Architect Antelope Valley Retail Shopping Center & Mall

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1308337
    Latitude
    34.691147

    FAQs

    What type of property is this?
    Flex space - Versatile fenced yard property with an adaptable main building, restrooms, and a newer outdoor storage shed.
    Where is this flex space located?
    The property is located at 113 Pillsbury Street Lancaster, CA.
    What is the asking price?
    The asking price for this property is $449,500.
    What are key features of this property?
    This property features: 2,290 sq. ft. main building on a 7,000+ sq. ft. lot in Lancaster’s commercial/industrial district; T.O.D Z one zoning allows a variety of uses, including retail, commercial, office space, and light industrial; Main building features a large open room with multiple doors, plus 2 restrooms and office/reception areas
    More about this property
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