Property profile

0 Nugent St Lancaster, CA 93535

OFF-MARKET
Mixed-use properties
2,500 SF 0.06 ac lot
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Property summary

AI-generated overview

This exceptional mixed-use property in Lancaster, CA, presents a unique investment opportunity. Located in the burgeoning Transit Orient District, this 0.06-acre lot comprises four contiguous parcels with utilities readily available at the street. The property boasts a 2,500 square foot, three-story building situated in an Employment Commercial Zone (EC Zone), offering flexible zoning for a wide array of uses. Permitted uses include, but are not limited to: art galleries, banks, grocery stores, restaurants, retail stores, professional offices, medical offices, churches, government offices, schools, and more. City information suggests buildings up to five stories may be permitted. This prime location is approximately 1,000 feet from the train station, providing excellent accessibility. The property also benefits from its designation as an Opportunity Zone. Detailed zoning information from the City of Lancaster is available upon request. This is an ideal investment for developers and entrepreneurs seeking a versatile commercial space in a rapidly growing area.

Property profile

Verified
Property type Mixed-use properties
Total area 2,500 SF
Lot 0.06 ac (2,614 SF)

Cap rate & NOI

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

Location

Nugent St Lancaster, CA 93535
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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