Lancaster Auto Shop with
325 W Pondera St Lancaster, CA 93534
325 W Pondera St, Lancaster, CA, 93534
Contact for pricing
For Sale
Contact for pricing
Secured auto shop with lifts and convenient access.
Property Size2,250 SF
Price / SF$422.22
Days on Market730
Property Features for 325 W Pondera St
General Information
- Standard status
- Active
- Size
- 2,250 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1960
Listing Agency
IKON Properties
(818) 246-1099
Listed by
Blas Fernandez · License #CA 02012036
Source
Crexi
Added: Jul 17, 2024 Checked: Jul 15 at 1:08 pm
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 IKON Properties
Investment Insights
Based on property information with market context.
The property at 325 W Pondera Street in Lancaster, CA, is suitable for auto shops, automotive properties, retail spaces, and general commercial real estate. It features five 11-foot-tall roll-up doors, providing accessibility and convenience. The property is equipped with four lifts, enhancing the efficiency of automotive repair and body shop operations. The premises are fully gated and secured. A spacious parking area is designed for easy maneuvering, featuring five bays to facilitate drive-in or loading processes. This property is suitable for owner-users in the automotive industry or investors seeking a venture. Its location, features, and layout make it an ideal space for thriving in the auto repair and body shop business. The property size is 2250 square feet.
Key Highlights
- Equipped with four lifts, ideal for automotive repair and body shop operations.
- Five 11‑foot‑tall roll‑up doors provide excellent accessibility.
- Fully gated and secured premises offer enhanced security.
Local Financial Insights For Retail
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 | $56.7k | $25.20 |
| − Vacancy | −$3.4k | −$1.51 |
| EGI | $53.3k | $23.69 |
| − OpEx | −$16.0k | −$7.11 |
| NOI | $37.3k | $16.58 |
2,250 SF · lease $25.20/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$533.0K
$466.4K – $621.8K
NOI $37,309 @ 7.0% cap · market cap 3.93%
Second Best
Industrial
$391.2K
$342.3K – $456.5K
NOI $27,387 @ 7.0% cap · market cap 2.88%
Theoretical Best
Office A
$706.8K
$618.4K – $824.6K
NOI $49,473 @ 7.0% cap · market cap 5.21%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Lancaster Transmission
Auto Repair Shop
Similar For Sale Nearby
Similar Off Market Nearby
- Mendez Auto — 43845 birchtree ave, lancaster, ca 93534
- Kumho Tires — Lancaster, CA 93534, United States
- Lancaster Onsite Truck Repair — 122 BYD Energy Rd, Lancaster, CA 93534
- S & H Automotive — BYD Energy Rd, Lancaster, CA 93534
- United Transmission Auto Repair Smog Center — 43939 Division St Unit A, Lancaster, CA 93535
FAQs
What type of property is this?
Auto shop - Secured auto shop with lifts and convenient access.
Where is this auto shop located?
The property is located at 325 W Pondera St Lancaster, CA.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: Equipped with four lifts, ideal for automotive repair and body shop operations.; Five 11‑foot‑tall roll‑up doors provide excellent accessibility.; Fully gated and secured premises offer enhanced security.