Technical
Financial
Distress signals
Property profile

407 Ave L12 Lancaster, CA 93535

OFF-MARKET
Auto shops
Property ID
US09-9324758
3,150 SF 0.55 ac lot Built 2009
Individually Owned 1-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2009
Construction WOOD
Total area 3,150 SF
Lot 0.55 ac (23,804 SF)
Zoning code LRM11/2*
APN 3126-019-043
UPID US09-9324758

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
  • Auto Repair Shop Auto Parts Store

Location

407 Ave L12 Lancaster, CA 93535-5402
Lancaster metro Census 900504 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
by Request
Comparable Approach Comparable
$683k
Blend (final) Blend
$335k

Owner & transaction history

since 2025
7 recorded transactions
2025
Price N/A
2007
$265,000
2007
$550,000
2007
Price N/A
2004
$300,000
2002
$65,000
2000
Price N/A

Zoning & alternative use

LRM11/2* · Lancaster, CA
Top alternative use upside
Commercial (general) $975,000 +12.7%
Neighborhood: shopping center $865,000 +0.3%

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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