42556 8th E St Lancaster, CA 93535-5238
- Office buildings
- 938 SF
- 2.30 lot acres
Current Use by Public Records
- A1 HD Towing / Towing Service
- Western Premier Drywall / Construction Company
Property Details for 42556 8th E St
- Year built
- 1952
- Construction
- WOOD
- Lot size
- 2.30 lot acres
- Property size
- 938 SF
- Zone code
- LRHI
- Property type
- Office buildings
- APN
- 3126-015-059
- APU
- 3126015059
Description
This exceptional 1-acre industrial property, located at 42556 8th St E, Lancaster, CA 93535, in Los Angeles County, presents a unique opportunity for contractors or businesses requiring secure outdoor storage. The property is classified as industrial land and features a single-tenant occupancy. The site is completely enclosed by a block wall, providing excellent security for equipment and materials. Its location in Lancaster, California offers convenient access to major transportation routes, making it an ideal base of operations for various construction and industrial activities. The property's one-acre size provides ample space for storage, staging, and maneuvering of heavy equipment. This is a rare opportunity to acquire a secure and well-located industrial yard in a growing area of Los Angeles County. The property is ready for immediate occupancy, offering a cost-effective solution for businesses needing secure outdoor space. The address is easily accessible and well-suited for efficient logistics. This property is zoned for industrial use and is perfect for contractors, construction companies, or businesses requiring secure outdoor storage. The single-tenant occupancy ensures privacy and control over the entire site. Don't miss this chance to secure this valuable asset.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $295,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $385,000
- 7%
- $365,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $335,000
- Geo Method
- $355,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $320,000
- Retail
- $405,000
- Mixed-Use
- $375,000
- Hospitality
- $315,000
- Educational
- $365,000
- Residential Income
- $395,000
- Energy
- $310,000
- Income-Based Land
- $385,000
- Food Service
- $345,000
Location Insight
- Map
- Local Demand
- City
- Lancaster
- County
- Los Angeles
- State
- California
- Longitude
- -118.114
- Latitude
- 34.6563
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
