44201 20Th StLancaster, CA 93534

  • Retail properties
  • 14,972 SF
For Lease

Property Details for 44201 20Th St

Year built
1987
Construction
TILT-UP CONCRETE
Lot size
1.22 AC
Property size (Sq ft)
14,972 SF
Zone code
LRCPD
Property type
Retail properties
Property subtype
Retail space
APN
3123-005-026
APU
3123005026

Description

This exceptional business opportunity in Lancaster, CA, presents a turnkey operation focused on the sale and installation of carpets, kitchen and bathroom fixtures, flooring tiles, and more. Located at 44201 W 20th Street, this thriving enterprise boasts a substantial inventory of materials and samples from major brands, ensuring a seamless transition for the new owner. The sale includes all existing inventory, along with valuable assets such as new appliances (stove and refrigerator), and a fully equipped showroom featuring a complete shower display. Video cameras are already installed for enhanced security. The property sits on a generous 1.22-acre lot, providing ample open parking for customers and inventory storage. The monthly rent is inclusive of water and trash collection services, minimizing operational overhead. This is a rare chance to acquire an established business with significant potential for growth, ready for immediate operation. The business is well-positioned to capitalize on the consistent demand for home improvement services in the Lancaster area. The comprehensive inventory and established client base offer a strong foundation for continued success. This is an ideal opportunity for an ambitious entrepreneur seeking a profitable and established business venture. The turnkey nature of this offering minimizes the start-up time and costs associated with launching a new business. Don't miss this chance to own a well-established and profitable home improvement business.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,992,300
    6.5%
    $6,454,430
    7%
    $5,993,400
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,174,630
    Geo Method
    $7,174,630
  • Alternative Use

    Use
    Valuation
    Residential
    $5,444,554
    Hospitality
    $4,987,182
    Educational
    $4,149,277
    Medical
    $4,291,976
    Retail
    $6,454,430
44201 20Th St, Lancaster, California
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Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.6861
Longitude
-118.166
CBSA code
31080
CBSA name
LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$44,487
$1,206,800
$2,058,200
$3,265,000
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FAQs

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