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Property profile & analytics
OFF-MARKET
Estimated value
$755,000
Retail space
42314 50th W St Lancaster, CA 93536-3516
Entity Owned
3-yr Hold
Absentee Owner
Property ID
US10-0095791
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1938
Construction
WOOD
Total area
1,994 SF
Lot
0.53 ac (23,275 SF)
Zoning code
LCC3*
APN
3103-005-028
UPID
US10-0095791
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
-
Affordable Air Inc. HVAC Service General Contractor
-
Lancaster Bathroom Construction Renovation Specialist General Contractor
-
Red White Blue Community Development Corporation Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$510k
Comparable Approach
Comparable
$470k
Blend (final)
Blend
$755k
Owner & transaction history
Aa Rentals LLC · 3 yrs held
Aa Rentals LLC
since 2023
Last sale
$750,007
7 recorded transactions
Zoning & alternative use
LCC3* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$905,000
+185.7%
Commercial (general)
$615,000
+94.2%
Neighborhood: shopping center
$550,000
+72.8%
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
$760,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$550,000
6.5%
$510,000
7%
$470,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$905,000
Change: +186% · Conversion: Difficult
COMMERCIAL (GENERAL)
$615,000
Change: +94% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$550,000
Change: +73% · Conversion: Moderate
AUTO REPAIR, GARAGE
$545,000
Change: +72% · Conversion: Difficult
Blend value · Realmo final
$755k
Range $680k – $831k · ±10% · vs last sale $750k (Apr 4 2023)
Last sale anchor
$750k
Apr 4 2023
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
$379 / 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
$10,930
Tax year 2024
Assessed value
$765,000
Assessed 2024
Previous assessed
$765,000
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$229,500
Assessed improvement
$535,500
Applied tax rate
9.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1938
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
2
Total area
1,994 SF
Lot
0.53 ac (23,275 SF)
Zoning code
LCC3*
APN
3103-005-028
UPID
US10-0095791
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC3* · Lancaster, CA
Zoning LCC3* · permitted uses
LCC3* · 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
MEDICAL BUILDING
Est. value
$905,000
COMMERCIAL (GENERAL)
Est. value
$615,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$550,000
AUTO REPAIR, GARAGE
Est. value
$545,000
MEDICAL BUILDING
COMMERCIAL (GENERAL)
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
1938
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.53 ac
Current owner
From public records · entity-resolved
Aa Rentals LLC
Entity
Mailing address
4783 COLUMBIA WAY, QUARTZ HILL, CA 93536-2906
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 4, 2023
$750,000
Aa Rentals LLC
Lee Egstrom
Grant Deed
$375,000 · Jpmorgan Chase Bank NA
Apr 4, 2023
—
Pa Rentals LLC
—
Deed
related
$233,000 · California Statewide Certified Developme
Dec 28, 2016
$265,000
Lee Egstrom
Philip Paul
Grant Deed
$198,750 · Mission Bank
Nov 16, 2012
—
Paul Philip & S 1998 Trust
Paul Philip & S 1998 Trust
Quit Claim Deed
related
—
Sep 22, 2011
—
Philip Paul
Barnes,shouling M
Affidavit Of Death
related
—
Aug 31, 1999
—
Philip Paul
Barnes-paul,s M
Quit Claim Deed
related
—
Jan 15, 1973
$12,500
Shouling M Barnes
—
Grant Deed
related
—
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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