Mixed-Use Property with Two
300 Nicobar Street, Lancaster, CA 93534
For Sale
New
$399,999
Commercial Sale, Lancaster, CA
Property Size1,329 SF
Lot Size0.22 Acres
Price / SF$300.98
Days on Market1
Property Features for 300 Nicobar Street
General Information
Property type
Property subtype
Zoning
Fencing
Directions
Subdivision
Standard status
APN
Size
Lot size
Utilities
Cooling system
Building Details
Year built
Floors in Building
Building materials
Listing Agency:
RE/MAX All-Pro · RE/MAX International
(661) 945-9461
Listed By:
Tom Sanchez · License CA #01399854
(661) 435-6802
Added: Nov 13
Last Checked: Nov 13 at 11:06PM
MLS# 26008545
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.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property spans three parcels totaling approximately 9,540 square feet. Two buildings are in place: the south building measures approximately 810 square feet, while the north building is approximately 502 square feet. Central air, chain-link fencing, and concrete, wood siding, and shingle siding are listed among the property features. The buildings were constructed in 1952.
Two of the parcels are vacant, providing additional land alongside the existing improvements. The rear parcels also offer parking and space for storage or vehicle use.
Two of the parcels are vacant, providing additional land alongside the existing improvements. The rear parcels also offer parking and space for storage or vehicle use.
Key Highlights
- Three parcels totaling approximately 9,540 square feet
- Two existing buildings: approximately 810 square feet and 502 square feet
- Two vacant parcels at the rear of the property
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,320
Cap Rate
5.33%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,400
$426.4K
Cap Rate 7%
$304,571
$304.6K
Cap Rate 9%
$236,889
$236.9K
Market Conditions
NOI Build-Up for 1,329 SF
Gross rent
$36.7K $27.60/SF
− Vacancy
−$2.6K −$1.93/SF
EGI
$34.1K $25.67/SF
− OpEx
−$12.8K −$9.63/SF
NOI
$21.3K $16.04/SF
Area
Lancaster, CA
Vacancy
7.00%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$426,400
Cap Rate 7%
$304,571
Cap Rate 9%
$236,889
Alternative Uses
Best Use
Mixed Use
$304.6K
$266.5K – $355.3K
NOI $21,320 @ 7.0% cap · market cap 5.33%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$417.5K
$365.3K – $487.0K
NOI $29,222 @ 7.0% cap · market cap 7.31%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,420
Businesses Nearby
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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
$339,900
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Mixed-use properties in Los Angeles County, CA
Properties on Market for Mixed-use properties in Los Angeles County
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - The offering combines two existing buildings with vacant parcels across a three-parcel site.
Where is this mixed-use property located?
The property is located at 300 Nicobar Street Lancaster, CA.
What is the asking price?
The asking price for this property is $399,999.
What are key features of this property?
This property features: Three parcels totaling approximately 9,540 square feet; Two existing buildings: approximately 810 square feet and 502 square feet; Two vacant parcels at the rear of the property
