For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Flexible Industrial Building with Fenced Storage Title is generated by Realmo AI

    113 Pillsbury Street, Lancaster, CA 93534

    View on Map
    Claim this Listing
    For Sale
    $479,900

    Versatile warehouse and office layout with fenced outdoor storage and room to configure multiple spaces for light industrial use.

    Type:Commercial/Industrial
    Property size:
    2,290 SF
    Lot size:
    0.16 Acres
    Price / SF:
    $209/SF
    Added:
    Sep 30, 2025
    Days on Market:
    276
    Last Refresh:
    Jul 1 at 3:37 am

    Property Features for 113 Pillsbury Street

    General Information

    Standard status
    Active
    Size
    2,290 SF
    Lot size
    0.16 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1976

    We can help!

    Contact an agent
    Patrick Fossati
    Patrick Fossati

    Listing office Re/Max Gold Coast REALTORS

    Listing date Sep 30, 2025

    Source Exitrealty

    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 SF building on a 7,000+ SF lot with a large outdoor storage shed
    • T.O.D. Zone zoning allows for multiple uses including retail, commercial, office, and light industrial
    • Fenced property with parking in front and additional parking inside the fenced area
    • Main building features a large open room with multiple doors, plus restroom (2) and additional office/reception space
    • Interior has fresh paint and a brand new electrical panel
    • Storage outbuilding and steel gate & fence were built less than 5 years ago

    Overview

    The property includes a 2,290-square-foot main building on a 7,000+ square-foot lot, plus a large outdoor storage shed. Most of the site is fully fenced, with some parking spaces in front and additional parking within the fenced area. The building features a large open room with multiple doors, along with two restrooms, additional office or reception areas, and a dedicated break room or kitchen space. Interior improvements include fresh paint throughout, and the electrical panel is brand new.

    The property is located in Lancaster’s T.O.D Zone, which the remarks indicate allows for a variety of uses including retail, commercial, office space, and light industrial. The site is described as being a short distance from the “Blvd” area, and road frontage is indicated on Division Street with visibility to thousands of cars per day.

    This configuration can support a range of business needs that benefit from both adaptable indoor space and controlled outdoor storage. The open layout with multiple doors may be useful for tenants seeking to divide the space into separate suites, while the on-site restrooms, office/reception areas, and break room or kitchen help accommodate day-to-day operations.

    Local Financial Insights For Office B

    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 $60.5k $26.40
    − Vacancy −$11.8k −$5.15
    EGI $48.7k $21.25
    − OpEx −$12.2k −$5.31
    NOI $36.5k $15.94
    2,290 SF · lease $26.40/SF/yr · vacancy 19.50% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $521.4K
    $456.3K – $608.3K (±1% cap)
    NOI $36,500 @ 7.0% cap · market cap 7.61%
    Second Best
    Warehouse
    $483.5K
    $423.1K – $564.1K (±1% cap)
    NOI $33,847 @ 7.0% cap · market cap 7.05%
    Theoretical Best
    Office A
    $719.3K
    $629.4K – $839.2K (±1% cap)
    NOI $50,352 @ 7.0% cap · market cap 10.49%
    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 warehouse and office layout with fenced outdoor storage and room to configure multiple spaces for light industrial use.
    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 $479,900.
    What are key features of this property?
    This property features: 2,290 SF building on a 7,000+ SF lot with a large outdoor storage shed; T.O.D. Zone zoning allows for multiple uses including retail, commercial, office, and light industrial; Fenced property with parking in front and additional parking inside the fenced area
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message