Technical
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Property profile

735 Avenue K Lancaster, CA 93534

OFF-MARKET
Specialty properties
5,040 SF 0.6 ac lot
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Property summary

AI-generated overview

This exceptional commercial property, located at 735 W Avenue K in Lancaster, California, presents a unique investment opportunity. The property encompasses a substantial 5,040 square foot building situated on a sizable 0.6-acre lot. The building features six ground-level doors, ideal for various commercial uses, along with a dedicated parts/storage room and a separate office/showroom area. Its construction is modern brick, offering both durability and aesthetic appeal. The property benefits from a highly visible location on West Avenue K, a major thoroughfare in Lancaster's bustling commercial district. According to a 2019 traffic count, West Avenue K boasts an average daily traffic (ADT) of 31,970 vehicles, suggesting even higher traffic volume currently. The strategic location provides easy access to a wide array of amenities, including major retailers, financial institutions, restaurants, and the Lancaster Auto Mall. The asking price of $1,500,000 includes both the real estate and business assets. The ample lot size offers significant potential for future expansion, making this property an attractive prospect for both established businesses and forward-thinking investors seeking a prime location in a thriving market within Los Angeles County, zip code 93534. The property is conveniently located near 10th Street West.

Property profile

Verified
Property type Specialty properties
Total area 5,040 SF
Lot 0.6 ac (26,136 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Auto Parts Store

Location

735 Avenue K Lancaster, CA 93534
Lancaster metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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