Technical
Financial
Distress signals
Property profile

216 Ave K8 Lancaster, CA 93535

OFF-MARKET
Manufacturing properties
Property ID
US10-0107853
19,960 SF 1.13 ac lot Built 2001
Entity Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2001
Construction TILT-UP CONCRETE
Total area 19,960 SF
Lot 1.13 ac (49,315 SF)
Zoning code LRM1 1/2-B
APN 3126-027-124
UPID US10-0107853

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Hardware & Home Improvement Furniture & Home Goods

Location

216 Ave K8 Lancaster, CA 93535-4527
Lancaster metro Census 900504 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$600k

Owner & transaction history

since 2021
Last sale
$620,500
7 recorded transactions
2021
Price N/A
2021
Price N/A
2018
Price N/A
2018
Price N/A
2000
Price N/A
1999
$620,500
1994
Price N/A

Zoning & alternative use

LRM1 1/2-B · Lancaster, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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