Lancaster Mixed-Use Income
For Sale
$650,000
44814 Date Avenue, Lancaster, CA 93534
COMMERCIAL - Lancaster, CA
Property Size3,076 SF
Lot Size0.20 Acres
Price / SF$211.31
Days on Market327
Property Features for 44814 Date Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
LRC3*
Directions
Just south of Lancaster Blvd. and west of Sierra Hwy.
Subdivision
03 - Lancaster West
Standard status
Active
APN
3134-015-013
Size
3,076 SF
Lot size
0.20 Acres
Utilities
Utilities
Natural Gas Available
Cooling system
Wall/Window Unit(s)
Building Details
Year built
1940
Floors in Building
2
Building materials
Frame, Stucco
Roof type
Composition
Listing Agency:
BGA Properties Inc.
(866) 768-2616
Listed By:
Ana E Mejicanos · License #01722128
(818) 399-4235
Added: Oct 2, 2025
Changed: Aug 4
Last Checked: Aug 24 at 4:06PM
MLS# 25007679
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.
Located one block from Lancaster Blvd and Rio Brazilian Restaurant, this mixed-use property in Lancaster, CA, offers high visibility and accessibility. The property features three office/commercial spaces, each currently rented. One unit is rented at $1,250 per month, and another at $1,200 per month. Additionally, there is a studio unit available for rent at $1,050 per month and an apartment rented at $1,250 per month. The zoning is LRC3, allowing for flexible use for commercial and residential purposes. This income-producing property, with its multiple rental streams, is suitable for expanding an investment portfolio or starting a new venture. Situated steps away from Lancaster Blvd, it is close to restaurants, shops, entertainment, and community events. The property size is 3,076 square feet and the lot size is 0.2 acres.
Key Highlights
- Income‑Producing Property: Benefit from multiple rental streams for immediate and steady income.
- Prime Central Location: High visibility and accessibility, just one block from Lancaster Blvd.
- Flexible Zoning (LRC3): Allows for a mix of commercial and residential uses.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$49,347
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
7.59%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$986,940
$986.9K
Cap Rate 7%
$704,957
$705.0K
Cap Rate 9%
$548,300
$548.3K
Market Conditions
NOI Build-Up for 3,076 SF
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.
Gross rent
$84.9K $27.60/SF
− Vacancy
−$5.9K −$1.93/SF
EGI
$79.0K $25.67/SF
− OpEx
−$29.6K −$9.63/SF
NOI
$49.3K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$986,940
Cap Rate 7%
$704,957
Cap Rate 9%
$548,300
Alternative Uses
Best Use
Mixed Use
$705.0K
$616.8K – $822.5K
NOI $49,347 @ 7.0% cap · market cap 7.59%
Second Best
Office B
$700.4K
$612.9K – $817.1K
NOI $49,028 @ 7.0% cap · market cap 7.54%
Theoretical Best
Office A
$966.2K
$845.4K – $1.13M
NOI $67,635 @ 7.0% cap · market cap 10.41%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
3
Office units
2
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
2,244
Businesses Nearby
Explore this area
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Income-producing mixed-use property near Lancaster Blvd.
Where is this mixed-use property located?
The property is located at 44814 Date Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Income‑Producing Property: Benefit from multiple rental streams for immediate and steady income.; Prime Central Location: High visibility and accessibility, just one block from Lancaster Blvd.; Flexible Zoning (LRC3): Allows for a mix of commercial and residential uses.
