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Financial
Distress signals
Property profile

113 Pillsbury St Lancaster, CA 93534

FOR SALE
Manufacturing properties
Property ID
US09-6970214
2,290 SF 0.16 ac lot Built 1976
Last sale Jul 2020 · $370,000
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property consists of a 2,290-square-foot main building on a 7,000+ square-foot lot, along with a large outdoor storage shed. Most of the site is fully fenced, with parking available in front and additional parking within the fenced area. The building includes a large open main room with multiple exterior doors, two restrooms, additional office or reception areas, and a dedicated break room or kitchen space. Interior features include fresh paint throughout and a newly replaced electrical…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$431k
Assessed land$151k
Assessed improvement$280k
Effective rate1.38%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k
NOI build-up
Gross scheduled income$58k
Vacancy & credit loss−$3k
Operating expenses−$16k
NOI · 8.64% cap applied$38k

Realmo valuation models over county records and 36 qualifying comparable sales.

Recently sold

What actually traded nearby?
$123/SF
ZIP average, outlier-cleaned · 18 recorded sales of this use type
Observed band · Q1–Q3$82 – $188
Qualifying comparables36

Cap rate analysis

How does the asset earn?
8.64%
$38k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
LRMU-TOD
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency53.2
Pharmacy24.5
Wholesale Shop23.5

Location

113 Pillsbury St Lancaster, CA 93534
County assessor Recorded deeds · 9 transfers 36 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
258 Ave L9, Lancaster, CA 93534-7127 $450,000 Jul 2024 2,400 SF
133 Ave J5, Lancaster, CA 93534-4416 $370,000 Feb 2024 2,550 SF
45424 Sierra, Lancaster, CA 93534-1630 $600,006 Nov 2022 1,800 SF
318 Newgrove, Lancaster, CA 93534-3221 $400,004 Sep 2022 2,200 SF
45134 Trevor, Lancaster, CA 93534-2650 $1,600,016 Oct 2021 3,200 SF
525 Ave J, Lancaster, CA 93534-3550 $215,000 Jan 2021 2,282 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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