42452 5Th St Lancaster, CA 93535
- Manufacturing properties
- 650 SF
- 1.27 lot acres
Current Use by Public Records
- Manufacturing properties
Property Details for 42452 5Th St
- Year built
- 1949
- Lot size
- 1.27 lot acres
- Property size
- 650 SF
- Property type
- Manufacturing properties
- Property subtype
- Flex space
- APN
- 3126-020-005
Description
This exceptional 1.27-acre industrial property in Lancaster, CA, presents a unique investment opportunity. Located in a highly desirable area with Heavy Industrial (HI) zoning, this lot offers unparalleled versatility. The property boasts a 650-square-foot office building, completely remodeled in 2020, providing immediate usability for an owner-user. The office is ready for occupancy and features a fully functional sink. The lot also includes a cesspool for the house and a septic tank near a small shed, potentially suitable for an office trailer. All utilities are in place and functional. This "mid-cities" location provides convenient access to both Lancaster and Palmdale, with proximity to the Antelope Valley Freeway. The property's versatility makes it ideal for a variety of uses, including storage, parking, or other heavy industrial applications. Built in 1949, the property features a Class B building and is offered at $525,000, with a gross lease type and single tenancy. The lot is zoned HI and has an APN of 3126-020-005. The address is 42452 5th St E, Lancaster, CA 93535. This is a rare opportunity to acquire a well-located, versatile industrial property in a growing market.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.1206245
- Latitude
- 34.6545556
