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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Investment properties
42116 4th E St Lancaster, CA 93535-5309
Individually Owned
1-yr Hold
~
Est. High Equity
Property ID
US10-0110356
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1952
Construction
WOOD
Total area
3,623 SF
Lot
2.15 ac (93,798 SF)
Zoning code
LRHI*
APN
3126-018-022
UPID
US10-0110356
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
Current use
Occupant on record · Public records
-
Canine Country Club Kennel & Boarding Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$625k
Owner & transaction history
Michael Gebring · 1 yrs held
Michael Gebring
since 2024
7 recorded transactions
Zoning & alternative use
LRHI* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$995,000
Change: -11% · Conversion: Difficult
AUTO REPAIR, GARAGE
$995,000
Change: -11% · Conversion: Difficult
Blend value · Realmo final
$625k
Range $563k – $688k · ±10%
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
$173 / 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
$4,796
Tax year 2024
Assessed value
$323,835
Assessed 2024
Previous assessed
$323,835
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$25,279
Assessed improvement
$298,556
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1952
Construction
WOOD
Heating
CENTRAL
Buildings
2
Stories
1
Units
2
Bathrooms
3
Total area
3,623 SF
Lot
2.15 ac (93,798 SF)
Zoning code
LRHI*
APN
3126-018-022
UPID
US10-0110356
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRHI* · Lancaster, CA
Zoning LRHI* · permitted uses
LRHI* · 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
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$995,000
AUTO REPAIR, GARAGE
Est. value
$995,000
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1952
Construction
WOOD
Heating
CENTRAL
Stories
1
Buildings
2
Units
2
Bathrooms
3
Lot
2.15 ac
Current owner
From public records · entity-resolved
Michael Gebring
Individual
Mailing address
5344 WINDCREST CT E, PALMDALE, CA 93551-1158
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 27, 2024
—
Michael Gebring
Barbara Gehring Coates
Grant Deed
—
Nov 7, 2011
—
Coates Barbara G Trust
Coates,barbara G
Quit Claim Deed
related
—
Jan 28, 2010
—
Barbara G Coates
Coates,wallace B
Affidavit Of Death
related
—
Nov 29, 1993
—
Coates W B
Coates,w B
Quit Claim Deed
related
—
May 24, 1971
—
—
—
Grant Deed
related
—
—
—
W Bruce Coates
—
Deed Of Trust
related
$147,000 · Antelope Valley Bank
—
—
Coates W B
—
Deed Of Trust
related
$11,000 · Antelope Valley Bank
—
—
Coates W B
—
Deed Of Trust
related
$155,000 · Washington Mutual Fsb
—
—
Coates W B
—
Deed Of Trust
related
$121,500 · Antelope Valley Bank
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.
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