Gated Two-Unit
For Sale
Contact for pricing
45424 Sierra Hwy, Lancaster, CA 93534
Two-unit configuration includes separate yards, entrances, and a gated site with flexible occupancy options.
Property Size2,550 SF
Lot Size0.51 Acres
Price / SF$323.53
Days on Market20
Property Features for 45424 Sierra Hwy
General Information
Standard status
Active
Size
2,550 SF
Lot size
0.51 Acres
Property subtype
INDUSTRIAL
Site & Location
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Clear Height
22 ft
Building Details
Buildings
1
Building Size
2,550 SF
Listing Agency:
Lee & Associates
(323) 767-2041
Listed By:
Armen Kazaryan · License #01291719
(323) 767-2041
Source:
Moodyscre
Added: Jul 14
Changed: Jul 31
Last Checked: Aug 1 at 1:27PM
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 Lee & Associates
Investment Insights
Based on property information with market context.
This ±2,550 SF warehouse building sits on ±22,017 SF of land and is currently split into two units. Each unit has a separate yard and entrance, while the entire property is gated. The warehouse offers 22' clear height, supporting a range of commercial storage and operational needs.
One unit is occupied by a month-to-month tenant, and the property could be delivered vacant. Located just north of Ave l with quick access to Hwy 14, the site provides a practical Lancaster location for an owner-user or warehouse operator.
One unit is occupied by a month-to-month tenant, and the property could be delivered vacant. Located just north of Ave l with quick access to Hwy 14, the site provides a practical Lancaster location for an owner-user or warehouse operator.
Key Highlights
- ±2,550 SF warehouse building on ±22,017 SF of land
- Currently split into 2 units with separate yards and entrances
- 22' clear height in the warehouse
Financial Insights For Warehouse
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 | $46.8k | $18.36 |
| − Vacancy | −$2.5k | −$0.97 |
| EGI | $44.3k | $17.39 |
| − OpEx | −$6.7k | −$2.61 |
| NOI | $37.7k | $14.78 |
2,550 SF · lease $18.36/SF/yr · vacancy 5.29% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$538.4K
$471.1K – $628.2K
NOI $37,690 @ 7.0% cap · market cap 4.57%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$801.0K
$700.9K – $934.5K
NOI $56,069 @ 7.0% cap · market cap 6.80%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
22 ft
Clear height
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,535
Businesses Nearby
Under-served
Demand for This Use
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
Properties on Market for Warehouses in Los Angeles County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Warehouse - Two-unit configuration includes separate yards, entrances, and a gated site with flexible occupancy options.
Where is this warehouse located?
The property is located at 45424 Sierra Hwy Lancaster, CA.
What is the asking price?
The asking price for this property is $825,000.
What are key features of this property?
This property features: ±2,550 SF warehouse building on ±22,017 SF of land; Currently split into 2 units with separate yards and entrances; 22' clear height in the warehouse