5041 Columbia WayLancaster, CA 93536

  • Industrial properties
  • 9,242 SF
For Sale
$1,700,000 View listing

Property Details for 5041 Columbia Way

Year built
1953
Construction
WOOD
Lot size
0.71 AC
Property size (Sq ft)
9,242 SF
Zone code
LCC3
Property type
Industrial properties
Property subtype
Other industrial properties
APN
3102-017-016
APU
3102017016

Description

This Lancaster, CA property offers a unique blend of retail and warehouse space, totaling 9,242 square feet on a 1.5-acre lot (three contiguous parcels totaling 67,497 square feet). The property includes two substantial warehouse buildings and a smaller front building currently operating as a hardware store and U-Haul dealership. Built in 1953 and zoned LCC3, the property boasts convenient access for deliveries and customer traffic, with ample space for trucks, trailers, and heavy equipment. The flat, accessible terrain is ideal for various uses, including equipment rentals, fleet storage, or logistics operations. The existing business provides immediate income, while the property's versatility allows for expansion or a new venture. Its strategic location near major roads, schools, a library, residential areas, and complementary businesses offers strong growth and income potential. Assessor Parcel Numbers: 3102-017-013 / 016 / 017. This turnkey opportunity is perfect for entrepreneurs or investors seeking significant returns.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,447,874
    Hospitality
    $3,158,234
    Educational
    $2,627,614
    Medical
    $2,717,981
    Retail
    $4,087,399
5041 Columbia Way, Lancaster, California
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Location Insight

City
Lancaster
County
Los Angeles
State
California
Latitude
34.6461
Longitude
-118.22
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
$12,306
$657,526
$222,776
$880,302
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