42621 2nd Street Lancaster, CA 93535
COMMERCIAL - Lancaster, CA
Property Features for 42621 2nd Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Lcm11/2-B1 Heavy Industri
- Fencing
- Chain Link
- Standard status
- Pending
- APN
- 3126-029-040
- Size
- 10,000 SF
- Lot size
- 0.93 Acres
Utilities
- Cooling system
- Evaporative Cooling
Building Details
- Year built
- 2005
- Floors in Building
- 1
- Roof type
- Metal
Listing agent April Bartlett License #01501931 (661) 722-1182
Listing office Block Properties, Inc. 40147 16th St W, Lancaster, CA (661) 478-8300
Listing date Feb 3, 2026
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.
Key Highlights
- Rare heavy industrial zoned property in high‑demand area
- 10,000 SF warehouse on 40,510 SF paved & secured lot
- High‑capacity power: 800 Amps of 480‑Volt Electrical Service
Local Financial Insights For Industrial
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 | $183.6k | $18.36 |
| − Vacancy | −$9.7k | −$0.97 |
| EGI | $173.9k | $17.39 |
| − OpEx | −$52.2k | −$5.22 |
| NOI | $121.7k | $12.17 |
