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Single-Story Standalone Office Building
For Sale
$389,900

44504 10th Street, Lancaster, CA 93534

Vacant, rehabbed standalone office building with dedicated parking on a major north/south arterial in Lancaster.

Property Size1,408 SF
Price / SF$276.92
Days on Market115

Property Features for 44504 10th Street

General Information

Standard status Active
Size 1,408 SF
Property subtype General Commercial

Building Details

Year Built 1953
Listing Agency: Roher Realty
Listed By: Glenn Roher · License #01268860
Source: Xome
Added: Apr 9 Changed: Jul 10 Last Checked: Jul 16 at 6:45AM

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 Roher Realty

Investment Insights

Based on property information with market context.

This single-story, standalone building is currently vacant and has been rehabbed. The property is suited for a range of professional and personal service uses and is presented as a secure space for day-to-day operations. The building includes approximately 1,400 square feet of interior space and is offered with a large parking lot containing 12 private parking spaces.

Located near downtown Lancaster on a major north/south arterial street, the property benefits from strong street-level visibility and convenient access for both employees and clients. The listing notes that the building must be sold together with 947 W Oldfield St because the parking lot is shared between the two properties.

For tenants, the layout supports straightforward, office-oriented use cases such as a real estate office, insurance, bookkeeping, or similar services, and it may also accommodate certain client-facing concepts like a tattoo or beauty parlor. For owner-users, the rehabbed condition and dedicated parking can reduce immediate occupancy friction, while the mandated co-sale provides a defined package with the related adjacent property.

Key Highlights

  • Vacant, rehabbed single‑story stand‑alone building near downtown Lancaster
  • Approximately 1,400 SF standalone building
  • Large parking lot with 12 private parking spaces

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 $37.2k $26.40
− Vacancy −$7.2k −$5.15
EGI $29.9k $21.25
− OpEx −$7.5k −$5.31
NOI $22.4k $15.94
1,408 SF · lease $26.40/SF/yr · vacancy 19.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$320.6K
$280.5K – $374.0K (±1% cap)
NOI $22,442 @ 7.0% cap · market cap 5.76%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$442.3K
$387.0K – $516.0K (±1% cap)
NOI $30,959 @ 7.0% cap · market cap 7.94%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

AB Photo Booth Photography Service

Suggested Use

Top Pick Real Estate Agency Grocery & Convenience Store (Bike/Boat/Book/etc) Store Electrical Service Travel Agency Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,971
Businesses Nearby

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 Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Vacant, rehabbed standalone office building with dedicated parking on a major north/south arterial in Lancaster.
Where is this office building located?
The property is located at 44504 10th Street Lancaster, CA.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Vacant, rehabbed single‑story stand‑alone building near downtown Lancaster; Approximately 1,400 SF standalone building; Large parking lot with 12 private parking spaces
More about this property
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