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    1039 Avenue J E Lancaster, CA 93535
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    Property profile & analytics

    1039 Avenue J E, Lancaster, CA 93535

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    • Retail space
    • 7,194 SF
    • 0.66 lot acres
    For Lease
    $3 SF/Yr
    View Listing →
    Lancaster Retail Space For Lease For Lease
    $3 SF/Yr
    1,200 SF

    Lancaster Retail Space For Lease

    High-traffic retail plaza with restaurant and retail spaces available.

    1039 E Ave. J, Lancaster, CA 93535
    View Listing
    Property ID
    US09-6320407
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,135,000
    Cap Rate Potential
    5.2%
    Retail space
    Location Intelligence

    Current Use by Public Records

    • Fast Divorce / Law Firm

    Property Details for 1039 Avenue J E

    Year built
    1973
    Construction
    TILT-UP CONCRETE
    Lot size
    0.66 lot acres
    Zone code
    LRC3*
    Property type
    Retail space
    APN
    3147-008-021
    APU
    3147008021

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Sep 10, 2020 — Aaa Integrity Prop Mgmt LLC Sheri D Bernd Quit Claim Deed —
    Mar 21, 2016 — Sheri D Bernd Bernd Family Trust Quit Claim Deed · related —
    Oct 19, 2007 $2,085,000 Bernd Family Trust Sapir,david & Sima Grant Deed $200k · No Lender On Document
    Nov 2, 1988 $1,000 David Sapir Sapir David&sima Quit Claim Deed · related —
    Apr 4, 1988 $194,500 David Sapir Brau Grant Deed · related —
    — — David Sapir — Deed Of Trust · related $7k · Kadosh Goorarie&
    — — David Sapir — Deed Of Trust · related $229k · Citibank West Fsb

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,280,000
      ML approach
      $2,400,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,990,000
      6.5%
      $1,835,000
      7%
      $1,705,000

    • Alternative Use

      Use
      Estimation
      MEDICAL BUILDING
      $3,270,000
      APARTMENT HOUSE (5+ UNITS)
      $2,405,000
      COMMERCIAL (GENERAL)
      $2,225,000
      NEIGHBORHOOD: SHOPPING CENTER
      $1,980,000
      AUTO REPAIR, GARAGE
      $1,975,000
      OFFICE BUILDING
      $1,615,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Lancaster
    County
    Los Angeles
    State
    California
    Longitude
    -118.111
    Latitude
    34.6903
    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
    $15,574
    $219,100
    $840,900
    $1,060,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,185,000
      20,319 SF

      111 Ave J J

      RETAIL STORES (PERSONAL SERVICES)
      111 Ave J J, Lancaster, CA 93535-3500
      View Details
    • Value Estimation
      $1,005,000
      4,050 SF

      44341 Challenger Way

      RETAIL STORES (PERSONAL SERVICES)
      44341 Challenger Way, Lancaster, CA 93535
      View Details
    • Value Estimation
      $1,090,000
      7,713 SF

      836 Ave J J

      RETAIL STORES (PERSONAL SERVICES)
      836 Ave J J, Lancaster, CA 93535-3842
      View Details
    • Value Estimation
      $1,110,000
      6,380 SF

      44421 20th E St

      RETAIL STORES (PERSONAL SERVICES)
      44421 20th E St, Lancaster, CA 93535-6739
      View Details
    • Value Estimation
      $1,365,000
      7,859 SF

      805 Ave K K

      RETAIL STORES (PERSONAL SERVICES)
      805 Ave K K, Lancaster, CA 93535-4733
      View Details
    • Value Estimation by Request
      5,340 SF

      332 Ave I I

      RETAIL STORES (PERSONAL SERVICES)
      332 Ave I I, Lancaster, CA 93535-1914
      View Details

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    • Contact for pricing
      5,678 SF

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      Lancaster Heavy Industrial Land Parcels

      Prime corner site ideal for industrial or cannabis facility.
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      15,251 SF

      Lancaster Retail Property For Sale

      Long-term NNN lease with over 9 years remaining.
      44430 Challenger Way, Lancaster, CA 93535
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    • $250,000
      2,526 SF

      Established Restaurant with Liquor License

      Fully equipped restaurant with banquet room and liquor license.
      1020 Avenue K E, Lancaster, CA 93535
      View Details
    • $60,000
      332,449.92 Acres

      7.63 Acres in Lancaster

      7.632 acres of land in Lancaster, California.
      Vic Vac, Lancaster, CA 93535
      View Details
    • $280,000
      444,125.00 Acres

      Lancaster Vacant Land Investment Opportunity

      10+ acre vacant land parcel in Lancaster, road accessible.
      4 E 172Nd St, Lancaster, CA 93535
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      1,200 SF

      Retail Space Available For Rent

      Retail space available for rent, approximately 1300 square feet.
      1004-1048 Avenue K E, Lancaster, CA 93535
      View Details
    • Contact for pricing

      Retail Space for Lease

      Retail space available for lease in Lancaster, California.
      604 Avenue K E, Lancaster, CA 93535
      View Details
    • $3 SF/Yr
      1,200 SF

      Lancaster Retail Space For Lease

      High-traffic retail plaza with restaurant and retail spaces available.
      1039 Avenue J E, Lancaster, CA 93535
      View Details
    • $2.00 SF/Yr
      1,086 SF

      Lancaster Retail Space Available

      High-traffic retail plaza with immediate availability in Lancaster, CA.
      1041 Avenue J E, Lancaster, CA 93535
      View Details
    • $1.30 SF/Yr
      4,202 SF

      Retail Space in Lancaster, CA

      Retail space with ample parking near schools and national tenants.
      1004-1048 Avenue East, Lancaster, CA 93535
      View Details
    • Contact for pricing

      Lancaster Industrial Building For Rent

      27,134 sq.ft. industrial building in Lancaster Business Park.
      300 Avenue K6 E, Lancaster, CA 93535
      View Details
    View Listing
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    Lancaster, CA 93535
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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