Mixed Use Flex Industrial
45402 Beech Avenue Lancaster, CA 93534
45402 Beech Avenue, Lancaster, CA, 93534
$550,000
For Sale
$550,000
Two buildings totaling about 1,900 sf plus a 400 sf workshop/awning area, with plenty of parking in good condition.
Property Size1,900 SF
Price / SF$289.47
Days on Market92
Property Features for 45402 Beech Avenue
General Information
- Standard status
- Active
- Size
- 1,900 SF
- Property subtype
- Mixed Use
Building Details
- Year Built
- 1960
Listing agency
Coldwell Banker-A Hartwig Co.
(661) 948-8424
Listed by
Lori Fischer · License #00757849
(661) 948-8424
Source
Xome
Added: Apr 21 Updated: Jul 20 at 8:39PM Checked: Jul 21 at 3:06AM
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 Coldwell Banker-A Hartwig Co.
Investment Insights
Based on property information with market context.
This mixed-use flex and industrial property includes two buildings in good condition, with the front building at approximately 1,000 sf and the back building at approximately 900 sf. In addition, there is a workshop/awning area of approximately 400 sf, providing extra covered workspace.
The property offers plenty of parking, supporting a variety of commercial uses that benefit from on-site vehicle accommodation.
Overall, the site is a compact, multi-structure setup designed around flexible building space and an added workshop/awning area, with parking available for daily operations.
The property offers plenty of parking, supporting a variety of commercial uses that benefit from on-site vehicle accommodation.
Overall, the site is a compact, multi-structure setup designed around flexible building space and an added workshop/awning area, with parking available for daily operations.
Key Highlights
- Mixed‑use property with two buildings totaling about 1,900 SF plus a 400 SF workshop/awning area
- Central air cooling
- 3 guest facilities
Local Financial Insights For Flex RnD
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 | $41.0k | $21.60 |
| − Vacancy | −$2.5k | −$1.30 |
| EGI | $38.6k | $20.30 |
| − OpEx | −$13.5k | −$7.11 |
| NOI | $25.1k | $13.20 |
1,900 SF · lease $21.60/SF/yr · vacancy 6.00% · expense 35.00%
Alternative Uses
Best Use
Flex RnD
$358.2K
$313.4K – $417.9K
NOI $25,075 @ 7.0% cap · market cap 4.56%
Second Best
Industrial
$330.4K
$289.1K – $385.5K
NOI $23,127 @ 7.0% cap · market cap 4.20%
Theoretical Best
Office A
$596.8K
$522.2K – $696.3K
NOI $41,777 @ 7.0% cap · market cap 7.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Flex space
Similar For Sale Nearby
Similar Off Market Nearby
- Exotik Blendz Mobile bartender — 45426 4th St E, Lancaster, CA 93535
FAQs
What type of property is this?
Flex space - Two buildings totaling about 1,900 sf plus a 400 sf workshop/awning area, with plenty of parking in good condition.
Where is this flex space located?
The property is located at 45402 Beech Avenue Lancaster, CA.
What is the asking price?
The asking price for this property is $550,000.
What are key features of this property?
This property features: Mixed‑use property with two buildings totaling about 1,900 SF plus a 400 SF workshop/awning area; Central air cooling; 3 guest facilities
