Property summary
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
VerifiedCap rate & NOI
Current use
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Auto Repair Shop
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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