Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    g W & Ave Lancaster, CA 93536
    Back to Search
    Property profile & analytics

    g W & Ave, Lancaster, CA 93536

    View on Map
    • Warehouses
    • 574,188 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Warehouses

    Property Details for g W & Ave

    Property type
    Warehouses
    Property subtype
    Refrigerated & Cold Storage

    Description

    This exceptional industrial property, located at the Northeast corner of 45th Street West and Avenue G in Lancaster, California (93536), presents a significant opportunity. The Fox Field Commerce Center Building 1 offers a substantial 574,188 square feet of single-tenant, climate-controlled warehouse and refrigerated/cold storage space. The building sits on a generous 32-acre lot, providing ample room for expansion or future development. The high ceilings, measuring 42 feet, allow for efficient storage and handling of large goods. The property boasts six drive-in doors for convenient loading and unloading, significantly enhancing operational efficiency. Parking is readily available, with a capacity ranging from 110 to 304 spaces, depending on configuration. Power is robust, featuring up to three 4,000-amp services and four 1,200-amp, 480-volt services, ensuring sufficient power for demanding operations. This Los Angeles County property is currently entirely vacant and ready for immediate occupancy by a single tenant. The property's size, features, and location make it an ideal choice for businesses requiring significant storage and distribution capabilities in the Antelope Valley. This is a rare opportunity to secure a large, modern industrial space in a strategic location.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.211
    Latitude
    34.7377

    Comparable in this City

    • Value Estimation by Request
      1,227,596 SF

      30Th St

      Refrigerated & Cold Storage
      0 30Th St, Lancaster, CA 93536
      View Details
    • Value Estimation
      $15,435,000
      70,936 SF

      2103 Ave J J

      DISTRIBUTION WAREHOUSE
      2103 Ave J J, Lancaster, CA 93536-5948
      View Details
    • Value Estimation
      $5,595,000
      71,664 SF

      2061 Ave J8

      MINI-WAREHOUSE, STORAGE
      2061 Ave J8, Lancaster, CA 93536-5997
      View Details
    • Value Estimation
      $2,430,000
      14,581 SF

      4514 Runway Dr

      WAREHOUSE, STORAGE
      4514 Runway Dr, Lancaster, CA 93536-8529
      View Details
    • Value Estimation
      $5,625,000
      57,050 SF

      45615 23rd W St

      MINI-WAREHOUSE, STORAGE
      45615 23rd W St, Lancaster, CA 93536-7445
      View Details
    • Value Estimation
      $1,245,000
      30,535 SF

      5104 Columbia Way

      WAREHOUSE, STORAGE
      5104 Columbia Way, Lancaster, CA 93536-3011
      View Details

    Similar Nearby for Sale

    • $895,000
      4.92 Acres

      Lancaster Contractor's Yard For Sale

      Light industrial zoned contractor's yard with functional caretaker's quarters.
      6507 Avenue G W, Lancaster, CA 93536
      View Details
    • $210,000

      Quartz Hill Industrial Land Investment

      7-Acre Industrial Lot, $210,000
      0 Shain Ln, Quartz Hill, CA 93536
      View Details
    • $44,900

      Lancaster Industrial Land Parcel

      2.5-acre industrial land parcel in Lancaster's future industrial zone.
      E4 50Th St West, Lancaster, CA 93536
      View Details
    • Contact for pricing
      1.24 Acres

      Lancaster Land Parcel Opportunity

      Excellent land parcel in Lancaster's future industrial zone.
      6700 Avenue W, Lancaster, CA 93536
      View Details
    • $51,000
      401,936.00 Acres

      Lancaster Land on Avenue B

      Over 9 acres of land in Lancaster, California.
      Stw, Lancaster, CA 93536
      View Details
    • $40,000
      107,877.00 Acres

      Lancaster Land with Seller Financing

      2+ acre Lancaster land parcel with seller financing available.
      Vac/135 Stw/Vic Ave, Lancaster, CA 93536
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,007,536 SF

      Lancaster Distribution Warehouse Available

      Large distribution warehouse with ample parking and loading docks.
      W Avenue F, Lancaster, CA 93536
      View Details
    • Contact for pricing
      1,007,536 SF

      Lancaster Distribution Warehouse Available

      Large distribution warehouse with ample parking and loading docks.
      W Avenue F, Lancaster, CA 93536
      View Details
    • Contact for pricing
      215,000 SF

      Lancaster Warehouse Distribution Center

      215,000 SF building entitled for build-to-suit in Lancaster, CA.
      Fox Fld Commerce Ctr West, Lancaster, CA 93536
      View Details
    • Contact for pricing
      926,860 SF

      Lancaster Industrial/Distribution Building For Rent

      Freestanding industrial/distribution building with cross-dock loading and secured yard.
      2801 Avenue West, Lancaster, CA 93536
      View Details
    • Contact for pricing
      926,860 SF

      Lancaster Industrial Distribution Building

      Freestanding industrial building with cross-dock loading and secured yard.
      2801 Avenue H W, Lancaster, CA 93536
      View Details
    • Contact for pricing
      647,757 SF

      Lancaster Distribution Warehouse with Dock

      Large warehouse with 74 dock doors and spec office.
      46950 N 45Th St W, Lancaster, CA 93536
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    g W & Ave
    Lancaster, CA 93536
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    g W & Ave, Lancaster, CA, 93536
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!