Renovated Office Building
For Sale
$899,000
44300 Division Street, Lancaster, CA 93535
COMMERCIAL - Lancaster, CA
Property Size5,174 SF
Lot Size0.32 Acres
Price / SF$173.75
Days on Market458
Property Features for 44300 Division Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
C
Lot features
Corner Lot
Directions
Northeast corner of Division St. and Ave. J-2
Subdivision
04 - Lanc Div to 90th E
Standard status
Active
APN
3141-005-024
Size
5,174 SF
Lot size
0.32 Acres
Utilities
Utilities
Natural Gas Available
Cooling system
Evaporative Cooling, Central Air
Building Details
Year built
1958
Floors in Building
1
Building materials
Stucco, Wood Siding
Roof type
Composition
Listing Agency:
Seffi Toneman, Broker
(661) 600-1269
Listed By:
Seffi Toneman · License #01878066
(661) 600-1269
Added: May 6, 2025
Changed: Aug 4
Last Checked: Aug 6 at 6:06AM
MLS# 25003469
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 completely renovated office building offers 5,174 square feet of space on a 0.32-acre lot. The property is presented as an owner-user or investor opportunity and is ready for tenants or business owners.
The building is located at 44300 Division Street in Lancaster, CA 93535, and is zoned C. The property is also available for lease.
The building is located at 44300 Division Street in Lancaster, CA 93535, and is zoned C. The property is also available for lease.
Key Highlights
- Completely renovated building, ready for tenants or business owners
- Cooling includes central air and evaporative cooling
- Year built: 1958
Financial Insights For Office B
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 | $136.6k | $26.40 |
| − Vacancy | −$26.6k | −$5.15 |
| EGI | $110.0k | $21.25 |
| − OpEx | −$27.5k | −$5.31 |
| NOI | $82.5k | $15.94 |
5,174 SF · lease $26.40/SF/yr · vacancy 19.50% · expense 25.00%
Alternative Uses
Best Use
Office B
$1.18M
$1.03M – $1.37M
NOI $82,468 @ 7.0% cap · market cap 9.17%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.63M
$1.42M – $1.90M
NOI $113,765 @ 7.0% cap · market cap 12.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
650
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office units - Completely renovated office building with 5,174 square feet on a 0.32-acre lot, offered for sale or lease.
Where is this office units located?
The property is located at 44300 Division Street Lancaster, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Completely renovated building, ready for tenants or business owners; Cooling includes central air and evaporative cooling; Year built: 1958
