Technical
Financial
Distress signals
Property profile

42621 2nd E St Lancaster, CA 93535

OFF-MARKET
Manufacturing properties
Property ID
US09-8620608
10,000 SF 0.93 ac lot Built 2005
Entity Owned 3-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

The property is a heavy industrial warehouse totaling approximately 10,000 square feet, situated on a fully paved, approximately 40,510-square-foot lot. It features an approximate 17-foot clear ceiling height with clear-span construction and four ground-level roll-up loading doors. The building also includes a small office area and restroom facilities. Electrical service is suitable for heavy industrial use, providing approximately 800 amps of 480-volt power on site. The site is fully enclosed and secured with a block wall and perimeter fencing, with an expansive paved yard that supports truck circulation, parking, and outdoor storage. In addition to the main warehouse, the property includes an auxiliary storage area of approximately 2,500 square feet. The property is located within an industrial zoning area that supports heavy industrial uses and is configured to accommodate manufacturing, fabrication, distribution, contractor or fleet services, and logistics operations.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2005
Total area 10,000 SF
Lot 0.93 ac (40,688 SF)
Zoning code LCM11/2-B1
APN 3126-029-040
UPID US09-8620608

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
  • Powder Coating Service

Location

42621 2nd E St Lancaster, CA 93535-5122
Lancaster metro Census 900504 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$660k
CAP Approach CAP
by Request
Comparable Approach Comparable
$694k
Blend (final) Blend
$740k

Owner & transaction history

since 2022
Last sale
$850,008
7 recorded transactions
2023
Price N/A
2022
$850,000
2021
Price N/A
2017
Price N/A
2014
Price N/A
2008
Price N/A
2008
Price N/A

Zoning & alternative use

LCM11/2-B1 · Lancaster, CA

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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