307 Avenue I Lancaster, CA 93534
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.
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Essentials Auto Repair Auto Repair Shop
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
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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.