Office Building with Conference
For Sale
$550,000
44823 Date Avenue, Lancaster, CA 93534
Flexible office layout includes private workrooms, a meeting area, and separate employee and visitor parking.
Property Size2,774 SF
Lot Size0.20 Acres
Price / SF$198.27
Days on Market10
Property Features for 44823 Date Avenue
General Information
Standard status
Active
Size
2,774 SF
Total Parking Spaces
16
Lot size
0.20 Acres
Property subtype
Office
Zoning
Specific Plan
Amenities
lobby area
conference or training room
kitchen/break area
restrooms
Building Details
Building Size
2,774 SF
Year Built
1982
Listing Agency:
CBC/Valley Realty
Listed By:
John Fidyk · License #02033532
(661) 948-2644
Source:
Cbcworldwide
Added: Sep 30
Changed: Oct 5
Last Checked: Oct 7 at 8:35AM
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 CBC/Valley Realty
Investment Insights
Based on property information with market context.
This 2,774-square-foot office building, constructed in 1982, is arranged with a lobby, seven private offices, a conference or training room of approximately 500 square feet, a kitchen and break area, and two restrooms with multiple stalls. The property occupies an 8,850-square-foot lot and is designated under the Downtown Lancaster Specific Plan’s Neighborhood Office District.
Parking totals 16 spaces, divided between 10 client spaces at the front and six employee spaces at the rear. Three doors provide rear access. The property is located on Date Avenue in Lancaster, south of The BLVD.
Parking totals 16 spaces, divided between 10 client spaces at the front and six employee spaces at the rear. Three doors provide rear access. The property is located on Date Avenue in Lancaster, south of The BLVD.
Key Highlights
- 2,774± square feet on an 8,850± square‑foot lot
- Seven private offices and an approximately 500± square‑foot conference or training room
- Lobby, kitchen/break area, and two multi‑stall restrooms
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,215
Cap Rate
8.04%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,300
$884.3K
Cap Rate 7%
$631,643
$631.6K
Cap Rate 9%
$491,278
$491.3K
Market Conditions
NOI Build-Up for 2,774 SF
Gross rent
$73.2K $26.40/SF
− Vacancy
−$14.3K −$5.15/SF
EGI
$59.0K $21.25/SF
− OpEx
−$14.7K −$5.31/SF
NOI
$44.2K $15.94/SF
Area
Lancaster, CA
Vacancy
19.50%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$884,300
Cap Rate 7%
$631,643
Cap Rate 9%
$491,278
Alternative Uses
Best Use
Office B
$631.6K
$552.7K – $736.9K
NOI $44,215 @ 7.0% cap · market cap 8.04%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$871.3K
$762.4K – $1.02M
NOI $60,994 @ 7.0% cap · market cap 11.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
2,244
Businesses Nearby
Explore this area
Business Placement
Demographics for 93534, CA
43,906
Population
16,343
Households
2.7
Avg Household Size
34
Median Age
18%
College-Educated
81%
High-School Grad
19.0 sq mi
ZIP Area
2,311
Density / Sq Mi
$58,891
Median Household Income
$44,566
Median Earnings
$1,513
Median Rent
$339,900
Median Home Value
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Market
Vacancy Rate% for Office in West region
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Frequently Asked Questions
What type of property is this?
Office building - Flexible office layout includes private workrooms, a meeting area, and separate employee and visitor parking.
Where is this office building located?
The property is located at 44823 Date Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: 2,774± square feet on an 8,850± square‑foot lot; Seven private offices and an approximately 500± square‑foot conference or training room; Lobby, kitchen/break area, and two multi‑stall restrooms
