Light Manufacturing Facility on
For Sale
$1,600,000
Pending
205 W Ave H-6, Lancaster, CA 93534
COMMERCIAL - Lancaster, CA
Property Size6,000 SF
Lot Size3.25 Acres
Days on Market1483
Property Features for 205 W Ave H-6
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LRHI (light manufacturing
Fencing
Chain Link
Directions
Ave. I, north to H6, left to property
Subdivision
03 - Lancaster West
Standard status
Pending
APN
3137-012-052
Size
6,000 SF
Lot size
3.25 Acres
Building Details
Year built
1964
Floors in Building
1
Building materials
Steel Siding
Roof type
Metal
Listing Agency:
Drt Pddlr/DP Comm Bkrg
(661) 273-2664
Listed By:
Michelle A Royal · License #01337652
(661) 917-0917
Added: Aug 12, 2022
Changed: Aug 4
Last Checked: Sep 2 at 1:06AM
MLS# 22007585
Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This manufacturing property includes a 6000-square-foot building on 3.25 acres. The improvements feature steel siding, a metal roof, and chain-link fencing. Built in 1964, the facility carries LRHI zoning identified as light manufacturing.
The property is located at 205 W Ave H-6 in Lancaster, California, within the Lancaster manufacturing area. The site is also identified as being in a cannabis zone, supporting the property’s stated industrial and cannabis-related context.
The property is located at 205 W Ave H-6 in Lancaster, California, within the Lancaster manufacturing area. The site is also identified as being in a cannabis zone, supporting the property’s stated industrial and cannabis-related context.
Key Highlights
- 6000‑square‑foot manufacturing building
- 3.25‑acre property
- LRHI zoning identified as light manufacturing
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,033
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.56%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,460,660
$1.5M
Cap Rate 7%
$1,043,329
$1.0M
Cap Rate 9%
$811,478
$811.5K
Market Conditions
NOI Build-Up for 6,000 SF
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.
Gross rent
$110.2K $18.36/SF
− Vacancy
−$5.8K −$0.97/SF
EGI
$104.3K $17.39/SF
− OpEx
−$31.3K −$5.22/SF
NOI
$73.0K $12.17/SF
Area
Lancaster, CA
Vacancy
5.29%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,460,660
Cap Rate 7%
$1,043,329
Cap Rate 9%
$811,478
Alternative Uses
Best Use
Industrial
$1.04M
$912.9K – $1.22M
NOI $73,033 @ 7.0% cap · market cap 4.56%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.88M
$1.65M – $2.20M
NOI $131,927 @ 7.0% cap · market cap 8.25%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
170
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
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Manufacturing property - Steel-sided industrial building with chain-link fencing and a metal roof.
Where is this manufacturing property located?
The property is located at 205 W Ave H-6 Lancaster, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: 6000‑square‑foot manufacturing building; 3.25‑acre property; LRHI zoning identified as light manufacturing
