1759 Avenue J12Lancaster, CA 93534

  • Retail properties
  • 7,636 SF
For Lease
$24/SF/YR View listing

Property Details for 1759 Avenue J12

Year built
2001
Construction
TILT-UP CONCRETE
Lot size
0.57 AC
Property size (Sq ft)
7,636 SF
Zone code
LRCPD*
Property type
Retail properties
Property subtype
Other automotive properties
APN
3129-027-062
APU
3129027062

Description

This exceptional retail showroom opportunity presents a 25,200-square-foot freestanding building situated on a generous 2.79-acre lot in Lancaster, California. Constructed in 2001, the single-story building offers ample space for a variety of retail uses. Its strategic location just north of Avenue K, Lancaster's primary retail corridor, ensures high visibility and accessibility. The property benefits from its proximity to Highway 14, less than a quarter-mile from the Avenue K off-ramp, providing convenient access for customers and employees. A thriving retail environment surrounds the property, with numerous businesses within a one-mile radius. This includes a recently completed development featuring Sprouts, Chick-fil-A, Dutch Bros Coffee, Taco Bell, and a Quick Quack Car Wash, indicating strong consumer traffic and a robust local economy. The property's size and location make it an ideal investment for businesses seeking a prominent presence in a rapidly growing market. The Los Angeles County address is 1759 W Avenue J-12, Lancaster, CA 93534.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,566,186
    6.5%
    $3,291,864
    7%
    $3,056,731
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,659,196
    Geo Method
    $3,659,196
  • Alternative Use

    Use
    Valuation
    Residential
    $2,776,810
    Hospitality
    $2,543,544
    Educational
    $2,116,198
    Medical
    $2,188,978
    Retail
    $3,291,864
1759 Avenue J12, Lancaster, California
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Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.6801
Longitude
-118.163
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
$32,372
$430,665
$1,990,629
$2,421,294
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