Division St Lancaster, CA 93535
- Land
- 49.39 lot acres
Current Use by Public Records
- Land
Property Details for 0 Division St
- Lot size
- 49.39 lot acres
- Property type
- Land
- Property subtype
- Industrial properties
Description
This exceptional 49.39-acre industrial property in Lancaster, California, presents a compelling investment opportunity. Located at 100 Division St, 93535, and boasting an APN of 3175-023-001, this fee-simple land is zoned M1 (Light Industrial). Currently operating as a thriving recreational vehicle storage yard and open-air storage facility, the property generates a substantial income stream. Financial projections indicate a pro-forma net operating income (NOI) of $286,164, translating to a pro-forma capitalization rate of 12.00%. The asking price for this high-yield asset is $2,385,000. Situated in Los Angeles County, this expansive lot offers significant potential for future development and expansion within the established industrial sector. The property's current configuration and strong cash flow make it an attractive investment for both seasoned and emerging investors seeking a stable, income-producing asset in a prime location. This is a rare opportunity to acquire a large, well-located industrial parcel with proven income generation.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.131
- Latitude
- 34.7258
