Technical
Financial
Distress signals
Property profile

361 Ave L12 Lancaster, CA 93535

OFF-MARKET
Warehouses
Property ID
US09-8620484
7,500 SF 2.32 ac lot Built 2000
Entity Owned 4-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group STORAGE YARD, OPEN STORAGE
Year built 2000
Total area 7,500 SF
Lot 2.32 ac (100,926 SF)
Zoning code LRM11/2*
APN 3126-019-045
UPID US09-8620484

Cap rate & NOI

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

Location

361 Ave L12 Lancaster, CA 93535-5312
Lancaster metro Census 900504 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.17M
CAP Approach CAP
$1.71M
Comparable Approach Comparable
$1.28M
Blend (final) Blend
$1.08M

Owner & transaction history

since 2022
Last sale
$1.5M
7 recorded transactions
2024
Price N/A
2022
$1.5M
2022
Price N/A
2015
$550,000
2007
Price N/A
2006
Price N/A
2006
Price N/A

Zoning & alternative use

LRM11/2* · Lancaster, CA
Top alternative use upside
Neighborhood: shopping center $2.1M +121.2%
Auto repair, garage $2.1M +120.7%
Office building $1.7M +80.6%

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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