Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Manufacturing properties
3311 Ave I I Lancaster, CA 93535-2418
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-0111545
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1979
Construction
TILT-UP CONCRETE
Total area
2,988 SF
Lot
1.01 ac (43,800 SF)
Zoning code
LRLI
APN
3154-010-016
UPID
US10-0111545
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$775k
CAP Approach
CAP
$560k
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$775k
Owner & transaction history
Uniqli Digital LLC
Uniqli Digital LLC
since 2026
Last sale
$775,000
7 recorded transactions
Zoning & alternative use
LRLI · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$925,000
+136.6%
Neighborhood: shopping center
$820,000
+110.5%
Auto repair, garage
$820,000
+110.0%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lancaster submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lancaster submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$775,000
ML approach
$775,000
CAP Approach
CAP Return
Estimation
6%
$605,000
6.5%
$560,000
7%
$520,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$925,000
Change: +137% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$820,000
Change: +111% · Conversion: Difficult
AUTO REPAIR, GARAGE
$820,000
Change: +110% · Conversion: Easy
OFFICE BUILDING
$670,000
Change: +72% · Conversion: Difficult
RETAIL STORES
$475,000
Change: +22% · Conversion: Moderate
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $775k (Oct 10 2024)
Last sale anchor
$775k
Oct 10 2024
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$259 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$7,245
Tax year 2024
Assessed value
$530,413
Assessed 2024
Previous assessed
$530,413
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$257,005
Assessed improvement
$273,408
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
2,988 SF
Lot
1.01 ac (43,800 SF)
Zoning code
LRLI
APN
3154-010-016
UPID
US10-0111545
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRLI · Lancaster, CA
Zoning LRLI · permitted uses
LRLI · Lancaster, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lancaster. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$925,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$820,000
OFFICE BUILDING
Est. value
$670,000
RETAIL STORES
Est. value
$475,000
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1979
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
1.01 ac
Current owner
From public records · entity-resolved
Uniqli Digital LLC
Entity
Mailing address
310 N LA BREA AVE, INGLEWOOD, CA 90302-3407
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 19, 2026
$620,000
Uniqli Digital LLC
Bobby C Reynelds & Nathelene D Reyn
Grant Deed
$527,000 · Us Bank NA
Nov 6, 2025
—
Bobby C Reynolds & Nathelene D Reyn
—
Deed
related
$460,000 · Jdca Holdings LLC
Oct 10, 2024
—
Bobby C Reynolds & Nathelene D Reyn
Bobby Reynolds
Intrafamily Transfer
related
—
Sep 27, 2024
$775,000
Bobby Reynolds
Faith And Courage LLC
Grant Deed
$425,000 · Faith And Courage LLC
Aug 2, 2018
$485,000
Faith & Courage LLC
Khrayan,ruben
Grant Deed
$250,000 · Neal L Horn
Jun 29, 2015
$310,000
Ruben Khrayan
Kr Trust
Grant Deed
$186,000 · Weir & Fecht Psp
Feb 11, 2010
—
Kr Trust
Kr Trust
Quit Claim Deed
related
—
Mar 23, 1992
—
Bender Theresa M Tr
—
Deed Of Trust
related
—
Aug 24, 1972
$15,000
—
—
Grant Deed
related
—
—
—
Kr Trust
—
Deed Of Trust
related
$150,000 · Pacific Business Capital Corp
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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 3311 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.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.