Freestanding Mixed-Use
1430 W AVE I, Lancaster, CA 93535
For Sale
Contact for pricing
The vacant building combines office and retail space and is ready for immediate occupancy.
Property Size1,860 SF
Lot Size0.23 Acres
Price / SF$250
Days on Market43
Property Features for 1430 W AVE I
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Asking Price
Property Use
Building Details
Buildings
Building Size
Listing Agency:
The Andrews Group
Listed By:
Daniel Andrews · License #CA 02018695
Source:
Crexi
Added: Sep 28
Changed: Nov 8
Last Checked: Nov 8 at 4:51PM
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 The Andrews Group
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Investment Insights
Based on property information with market context.
This freestanding, vacant property contains 1,860 square feet configured for office and retail use. The site spans approximately 0.23 acres and includes surface parking. Located in Lancaster, the building is available for immediate occupancy.
Key Highlights
- 1,860‑square‑foot vacant office and retail building
- Freestanding property on approximately 0.23 acres
- Surface parking on site
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$30,842
Cap Rate
6.63%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,840
$616.8K
Cap Rate 7%
$440,600
$440.6K
Cap Rate 9%
$342,689
$342.7K
Market Conditions
NOI Build-Up for 1,860 SF
Gross rent
$46.9K $25.20/SF
− Vacancy
−$2.8K −$1.51/SF
EGI
$44.1K $23.69/SF
− OpEx
−$13.2K −$7.11/SF
NOI
$30.8K $16.58/SF
Area
Lancaster, CA
Vacancy
6.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$616,840
Cap Rate 7%
$440,600
Cap Rate 9%
$342,689
Alternative Uses
Best Use
Retail
$440.6K
$385.5K – $514.0K
NOI $30,842 @ 7.0% cap · market cap 6.63%
Second Best
Mixed Use
$426.3K
$373.0K – $497.3K
NOI $29,839 @ 7.0% cap · market cap 6.42%
Theoretical Best
Office A
$584.2K
$511.2K – $681.6K
NOI $40,897 @ 7.0% cap · market cap 8.80%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
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Business Placement
Demographics for 93535, CA
82,149
Population
23,917
Households
3.4
Avg Household Size
31
Median Age
14%
College-Educated
78%
High-School Grad
239.0 sq mi
ZIP Area
344
Density / Sq Mi
$65,989
Median Household Income
$41,834
Median Earnings
$1,650
Median Rent
$336,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The vacant building combines office and retail space and is ready for immediate occupancy.
Where is this mixed-use property located?
The property is located at 1430 W AVE I Lancaster, CA.
What is the asking price?
The asking price for this property is $465,000.
What are key features of this property?
This property features: 1,860‑square‑foot vacant office and retail building; Freestanding property on approximately 0.23 acres; Surface parking on site
