325 Pondera St Lancaster, CA 93534
- Auto shops
- 2,250 SF
- 0.11 lot acres
Current Use by Public Records
- Lancaster Transmission / Car Repair And Maintenance Service
Property Details for 325 Pondera St
- Year built
- 1960
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.11 lot acres
- Property size
- 2,250 SF
- Zone code
- LRM1*
- Property type
- Auto shops
- APN
- 3138-006-034
- APU
- 3138006034
Description
This exceptional 2,250 square foot auto shop, located at 325 W Pondera St in Lancaster, CA, presents a lucrative investment opportunity. Built in 1960, the property sits on a 0.11-acre lot and is zoned LRM1, making it ideally suited for continued use as an auto repair or body shop, or for a similar business. The building boasts five 11-foot-tall roll-up doors, providing easy access for vehicles of all sizes. Four lifts are included in the sale, enhancing operational efficiency. The property also features a fully gated and secured parking area, ensuring the safety and security of both vehicles and equipment. The five bays offer ample space for efficient workflow, whether for repairs, maintenance, or storage. This turnkey operation is perfect for an owner-user seeking to establish or expand their business, or for an investor looking for a strong return on investment in a high-demand market. The property's location in Lancaster, Los Angeles County, CA 93534 (APN: 3138-006-034
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $645,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $605,000
- 6.5%
- $705,000
- 7%
- $600,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $560,000
- Geo Method
- $540,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $730,000
- Retail
- $575,000
- Mixed-Use
- $685,000
- Hospitality
- $605,000
- Educational
- $695,000
- Residential Income
- $735,000
- Energy
- $715,000
- Income-Based Land
- $735,000
- Food Service
- $740,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.134
- Latitude
- 34.6904
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
