Technical
Financial
Distress signals
Property profile

42831 Sierra Hwy Lancaster, CA 93534

OFF-MARKET
Manufacturing properties
Property ID
US10-0097299
4,200 SF 0.56 ac lot Built 1983
Entity Owned 3-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1983
Construction WOOD
Total area 4,200 SF
Lot 0.56 ac (24,211 SF)
Zoning code LRC3*
APN 3128-006-054
UPID US10-0097299

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
  • Commercial Cleaning Service
  • Garden Center

Location

42831 Sierra Hwy Lancaster, CA 93534-6023
Lancaster metro Census 900704 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$615k
CAP Approach CAP
$785k
Comparable Approach Comparable
$788k
Blend (final) Blend
$610k

Owner & transaction history

since 2022
Last sale
$785,007
5 recorded transactions
2022
$785,000
1996
$285,000
1996
Price N/A
1992
Price N/A
1989
$178,000

Zoning & alternative use

LRC3* · Lancaster, CA
Top alternative use upside
Commercial (general) $1.3M +150.6%
Neighborhood: shopping center $1.2M +123.0%
Office building $890,000 +72.2%

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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