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Property profile & analytics
FOR SALE
Manufacturing properties
42621 2Nd St Lancaster, CA 93535
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8620608
For Sale
1 / 46
$1,599,000
42621 2Nd St, Lancaster, CA 93535
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
US Pole Powder Coating Powder Coating Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$660k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$760k
Owner & transaction history
Rta Prop Holding LLC · 3 yrs held
Rta Prop Holding LLC
since 2022
Last sale
$850,008
7 recorded transactions
Zoning & alternative use
LCM11/2-B1 · 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
$740,000
ML approach
$660,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $850k (Nov 17 2022)
Last sale anchor
$850k
Nov 17 2022
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
$76 / 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
$13,258
Tax year 2024
Assessed value
$867,000
Assessed 2024
Previous assessed
$867,000
+0.0% YoY
Effective rate
1.53%
On assessed value
Assessed land
$224,400
Assessed improvement
$642,600
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
2005
Heating
NONE
Stories
1
Units
1
Total area
10,000 SF
Lot
0.93 ac (40,688 SF)
Zoning code
LCM11/2-B1
APN
3126-029-040
UPID
US09-8620608
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM11/2-B1 · Lancaster, CA
Zoning LCM11/2-B1 · permitted uses
LCM11/2-B1 · 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.
Building & site characteristics
From public records
Year built
2005
Heating
NONE
Stories
1
Units
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Rta Prop Holding LLC
Entity
Mailing address
42621 2ND ST E, LANCASTER, CA 93535-5122
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Jun 30, 2023
—
Rta Prop Holding LLC
—
Deed
related
$617,000 · First Citizens Bank & Trust Co
Nov 17, 2022
$850,000
Rta Prop Holding LLC
Irene Clark Sheridan
Grant Deed
$600,000 · Hacop Khodaverdian
Jan 11, 2021
—
Alicia D Clark
Clark A D & Minors S I Trust
Quit Claim Deed
related
—
Sep 14, 2017
—
Sheridan I Clark
Clark Alicia D & S I Trust
Quit Claim Deed
related
—
Jun 4, 2014
—
Dean A Clark
Clark,alick
Affidavit Of Death
related
—
Sep 22, 2008
—
Alick Clark
Clark Alick Trust
Quit Claim Deed
related
—
Sep 16, 2008
—
Clark Alick Trust
Clark Alick Trust
Quit Claim 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.
Try Rey
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