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    340 Avenue I Lancaster, CA 93535

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Antelope Valley Office Space. High Visibility, Ample Parking.

    Lot size:
    27,592 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This single-story, 27,592 square foot Class B office building, constructed in 1988, is ideally situated in Lancaster, CA's Antelope Valley submarket at 340 E Avenue I, near the intersection of 3rd Street East. The property features a total of two suites, with 13,000 square feet currently vacant. Units are divisible to a minimum of 2,600 square feet, with a maximum contiguous space of 13,000 square feet available. Larger tenants may combine units for up to 15,600 square feet. The building boasts excellent visibility and ample parking, with a ratio of 5.35 spaces per 1,000 square feet. Zoned C (Commercial), this property benefits from high traffic counts on Avenue I (ADT 21,200). Its location across from the High Desert Regional Health Center (opened 2014) and the Department of Veterans Affairs Outpatient Clinic (opened 2015) provides exceptional access to a significant healthcare population and offers strong potential for medical or creative office uses. The property is suitable for multiple tenants or a single large occupant.

    Property Features for 340 Avenue I

    General Information

    Property type
    Medical offices
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,592 SF
    Class
    B
    Total Rate
    22073.6

    Building Details

    Year Built
    1988
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    117/118
    Size
    2,600 SF
    Rate per SF
    $10
    Space
    Unit 101
    Size
    10,400 SF
    Rate per SF
    $9

    HighLights

    • End‑cap space available, up to 13,000 square feet.
    • High visibility on Avenue I, with an average daily traffic count of 21,200.
    • Ample parking, with a 5.35:1,000 square foot ratio.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lancaster VA clinic Medical Clinic Lancaster Community Based ... Medical Clinic Meraki Studios Photography Studio PATH - Supportive Services ... Mental Health Service La Iglesia En ... Church

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.12406151153
    Latitude
    34.703956882753

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    FAQs

    What type of property is this?
    Medical office - Prime Antelope Valley Office Space. High Visibility, Ample Parking.
    Where is this medical office located?
    The property is located at 340 Avenue I Lancaster, CA.
    What is the lease rate?
    The lease rate is $9-$10 SF/Yr.
    What are key features of this property?
    This property features: End-cap space available, up to 13,000 square feet.; High visibility on Avenue I, with an average daily traffic count of 21,200.; Ample parking, with a 5.35:1,000 square foot ratio.
    Request Owner's contact information
    340 Avenue I Lancaster, CA 93535
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    Lancaster, CA 93535
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    340 Avenue I Lancaster, CA 93535
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