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Property profile

42101 Sierra Hwy Lancaster, CA 93535

OFF-MARKET
Turn key restaurants
Property ID
US10-0102702
2,232 SF 1.38 ac lot Built 1958
Last sale Apr 1989 · $400,000
Trust Owned Owner of record is a trust. 7-yr Hold Held for 7 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$6k
Tax billed · 2024
Assessed value$431k
Assessed land$267k
Assessed improvement$164k
Effective rate1.42%

Value estimate

· Oct 2026
$290k
$261k – $319k
AI approach$290k

Realmo valuation models over county records and 31 qualifying comparable sales.

Recently sold

What actually traded nearby?
$651/SF
County average, outlier-cleaned · 934 recorded sales of this use type
Observed band · Q1–Q3$272 – $1,124
Qualifying comparables31

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
LRC3*
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Convenience Store
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Convenience Store8.4
Carpet & Flooring Store8.2
Catering Service8.2

Location

42101 Sierra Hwy Lancaster, CA 93535-5330
County assessor Recorded deeds · 6 transfers 31 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
1007 Ave J, Lancaster, CA 93535-3839 $112,000 Dec 2024 3,040 SF
42653 Sierra, Lancaster, CA 93535-5134 $1,150,000 Aug 2024 2,380 SF
45239 Division, Lancaster, CA 93535-1829 $725,007 Nov 2022 3,200 SF
1063 Ave J, Lancaster, CA 93535-3804 $2,098,520 Aug 2022 3,000 SF
2114 Ave J, Lancaster, CA 93535 $2,125,021 Feb 2022 2,632 SF
43040 20th E, Lancaster, CA 93535-4847 $160,000 Jan 2021 1,568 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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