Technical
Financial
Distress signals
Property profile

307 Ave I I Lancaster, CA 93534

OFF-MARKET
Manufacturing properties
Property ID
US09-8343978
3,552 SF 0.64 ac lot Built 1953
Entity Owned 7-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1953
Construction WOOD
Total area 3,552 SF
Lot 0.64 ac (27,981 SF)
Zoning code LRHI
APN 3137-015-023
UPID US09-8343978

Cap rate & NOI

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

Location

307 Ave I I Lancaster, CA 93534-1648
Lancaster metro Census 900602 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$665k
Comparable Approach Comparable
$666k
Blend (final) Blend
$615k

Owner & transaction history

since 2019
7 recorded transactions
2019
Price N/A
2019
Price N/A
2019
$995,000
2018
$995,000
2011
$385,500
2011
$385,026
2009
Price N/A

Zoning & alternative use

LRHI · Lancaster, CA
Top alternative use upside
Neighborhood: shopping center $975,000 +123.0%
Office building $755,000 +72.2%
Retail stores $525,000 +20.4%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 307 Ave I I?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message