Technical
Financial
Distress signals
Property profile

307 Avenue I Lancaster, CA 93534

OFF-MARKET
Warehouses
3,350 SF
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Property summary

AI-generated overview

This exceptional 1+ acre property in Lancaster, CA (APN: 3137-015-023 and 3137-015-024), is zoned for heavy industrial use and presents a compelling opportunity for both owner-users and investors. Located on a main street just two miles from Highway 14, the property boasts high visibility and benefits from significant traffic flow and proximity to established businesses. The site includes three buildings totaling 3,350 - 6,885 square feet, each equipped with bathrooms. Two are storefront buildings, while a third building in the rear is suitable for automotive uses. The property is secured by cement block walls and digitally controlled security gates. Currently generating approximately $10,000 per month in gross income from six existing tenants under a gross lease, this multi-tenant property offers immediate cash flow. Historically used for automotive-related businesses, this versatile property is ideal for a variety of industrial uses. The asking price is $1,380,000. SBA financing may be available.

Property profile

Verified
Property type Warehouses
Total area 3,350 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
  • Auto Repair Shop

Location

307 Avenue I 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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