340 Avenue I Lancaster, CA 93535
This single-story, 27,592 square foot Class B office building, constructed in 1988, is ideally situated in Lancaster, CA's Antelope Valley submarket at 340 E Avenue I, near the intersection of 3rd Street East. The property features a total of two suites, with 13,000 square feet currently vacant. Units are divisible to a minimum of 2,600 square feet, with a maximum contiguous space of 13,000 square feet available. Larger tenants may combine units for up to 15,600 square feet. The building boasts excellent visibility and ample parking, with a ratio of 5.35 spaces per 1,000 square feet. Zoned C (Commercial), this property benefits from high traffic counts on Avenue I (ADT 21,200). Its location across from the High Desert Regional Health Center (opened 2014) and the Department of Veterans Affairs Outpatient Clinic (opened 2015) provides exceptional access to a significant healthcare population and offers strong potential for medical or creative office uses. The property is suitable for multiple tenants or a single large occupant.
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Lancaster VA clinic Medical Clinic
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Lancaster Community Based Outpatient Clinic Medical Clinic
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Meraki Studios (Bike/Boat/Book/etc) Store Photography Service
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PATH - Supportive Services for Veteran Families (SSVF) Crisis Center Medical Clinic
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La Iglesia En El Camino Lncst Church
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.