Sign Up Successful!
You now have access to more from Realmo!
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    42052 3Rd St E Lancaster, CA 93535

    Loading data...
    Loading data...
    Loading data...
    For Lease
    $5,000 /Mo

    Spacious lot suited for heavy industrial use, available for lease.

    Lot size:
    0.86 Acres

    Property Features for 42052 3Rd St E

    General Information

    Standard status
    Active
    Lot size
    0.86 Acres

    We can help!

    Listing Contact
    Gemin Keshishi
    Source: Exprealty

    Listing Agency: Gemini Reality Listing Agent: Gemin Keshishi

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

    Learn more

    Overview

    Industrial Lot with Ample Yard

    This 37,461 sq. ft. lot is zoned for heavy industrial use and is suited for businesses in manufacturing, storage, or other industrial operations. The property features ample yard space, a gated driveway, and parking. The site provides access to major highways and transportation routes. It is available for immediate lease.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Wholesale Shop Hair Salon Building Supply Clothing Store Nail Salon Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.1248994
    Latitude
    34.6475121

    Nearby Similar for Lease

    • $87,000
      105,212 SF

      Former School Campus For Lease

      19-acre former school campus ideal for education, childcare, or rehabilitation.
      3700 Avenue L W, Lancaster, CA 93536
      View Details
    • $1.55 SF/Yr
      3,298 SF

      Lancaster Office/Flex Space Available

      Move-in ready office with roll-up door in Lancaster Business Park.
      42913 Capital Dr, Lancaster, CA 93535
      View Details
    • $4,500 /Mo
      3,299 SF

      Move-in Ready Flex Space

      Office/warehouse flex space with fenced yard and freeway access.
      647 Avenue L14 W, Lancaster, CA 93534
      View Details
    • New
      $2,500 /Mo
      13,553 SF

      Lancaster Church Facility Available for Lease

      Church facilities available for lease in Lancaster, CA.
      224 W Lancaster Blvd, Lancaster, CA 93534
      View Details
    • $2,250 /Mo
      1,600 SF

      Lancaster Warehouse with Outdoor Space

      Affordable shop space with rear access and outdoor storage.
      45044 Yucca Ave, Lancaster, CA 93534
      View Details
    • $1,600 /Mo
      863 SF

      Remodeled Office Suites For Lease

      Move-in ready office suites in a busy multi-tenant complex.
      834-844 Avenue J W, Lancaster, CA 93534
      View Details
    • $1,350 /Mo
      800 SF

      Remodeled Office Space Available

      Office space for rent in a remodeled building in Lancaster.
      1306 Avenue J W, Lancaster, CA 93534
      View Details
    • $2 SF/Yr
      1,570 SF

      Lancaster Retail/Office Space Available

      Move-in ready office/retail space in a high-traffic Lancaster location.
      830 Avenue L W, Lancaster, CA 93534
      View Details
    • $1.75 SF/Yr
      970 SF

      Lancaster Office Space For Rent

      Professional office suite available in Centerpoint Business Park.
      44300 Lowtree Ave, Lancaster, CA 93534
      View Details
    • Contact for pricing
      13,436 SF

      Lancaster Retail Sublease Opportunity

      Retail sublease in Lancaster with high visibility and traffic.
      1147 Avenue I W, Lancaster, CA 93534
      View Details
    • $1.40 SF/Yr
      7,017 SF

      Lancaster Retail/Office Space Available

      Move-in ready retail/office space in high-traffic area.
      903 Avenue J W, Lancaster, CA 93534
      View Details
    • $1.45 SF/Yr
      2,050 SF

      Lancaster Retail Space For Rent

      2,050 SF retail/office space in Sunrise Plaza, Lancaster, CA.
      903 Avenue J W, Lancaster, CA 93534
      View Details

    FAQs

    What type of property is this?
    Industrial land - Spacious lot suited for heavy industrial use, available for lease.
    Where is this industrial land located?
    The property is located at 42052 3Rd St E Lancaster, CA.
    What are key features of this property?
    This property features: - Heavy Industrial Zoning: Suited for a wide range of industrial uses.; - Large Lot Size: The 37,461 sq. ft. provides ample space for operations.; - Easy Highway Access: Convenient location near major transportation routes.
    (818) 859-0034
    Request Owner's contact information
    42052 3Rd St E Lancaster, CA 93535
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    42052 3Rd St E
    Lancaster, CA 93535
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    42052 3Rd St E Lancaster, CA 93535
    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
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Gemin Keshishi
    (818) 859-0034
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.