Renovated Office
44300 Division Street Lancaster, CA 93535
44300 Division Street, Lancaster, CA, 93535
$899,000
For Sale
$899,000
Completely renovated office building offered for sale, with an option to lease, ready for tenants or business owners.
Property Size5,174 SF
Price / SF$173.75
Days on Market482
Property Features for 44300 Division Street
General Information
- Standard status
- Active
- Size
- 5,174 SF
- Property subtype
- Office
Building Details
- Year Built
- 1958
Listing agency
Seffi Toneman, Broker
(661) 600-1269
Listed by
Seffi Toneman · License #01878066
(661) 600-1269
Source
Xome
Added: Mar 29, 2025 Updated: Jul 22 at 4:37PM Checked: Jul 22 at 4:37PM
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 Seffi Toneman, Broker
Investment Insights
Based on property information with market context.
This completely renovated office building offers a turnkey option for tenants, business owners, or investors. The property is described as ready for occupancy following renovation, with availability for either tenancy or ownership.
The asset is located at 44300 Division Street in Lancaster, CA 93535. It is being marketed with both for-sale and lease availability, giving buyers and occupiers flexibility based on their timeline.
As an office building within the listed commercial property types, it is positioned to serve general business office uses, subject to applicable lease terms and regulations.
The asset is located at 44300 Division Street in Lancaster, CA 93535. It is being marketed with both for-sale and lease availability, giving buyers and occupiers flexibility based on their timeline.
As an office building within the listed commercial property types, it is positioned to serve general business office uses, subject to applicable lease terms and regulations.
Key Highlights
- Completely renovated office building offered for sale with an option to lease
- Central air and evaporative cooling
- 3 guest facilities
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 | $136.6k | $26.40 |
| − Vacancy | −$26.6k | −$5.15 |
| EGI | $110.0k | $21.25 |
| − OpEx | −$27.5k | −$5.31 |
| NOI | $82.5k | $15.94 |
5,174 SF · lease $26.40/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,468 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,765 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Iroegbu Achara
Production Facility
Doggie Hair'em
Pet Grooming Service
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Completely renovated office building offered for sale, with an option to lease, ready for tenants or business owners.
Where is this office building located?
The property is located at 44300 Division Street Lancaster, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Completely renovated office building offered for sale with an option to lease; Central air and evaporative cooling; 3 guest facilities
