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Property profile & analytics
OFF-MARKET
Manufacturing properties
43847 Division St Lancaster, CA 93535-4061
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6789513
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1957
Total area
2,400 SF
Lot
0.55 ac (23,829 SF)
Zoning code
LRM1*
APN
3130-031-032
UPID
US09-6789513
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
-
Recycling Inc Lancaster Recycling Center Waste Management Facility
-
Division Recycle Center Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Antonio Martinez · 5 yrs held
Antonio Martinez
since 2021
Last sale
$300,003
7 recorded transactions
Zoning & alternative use
LRM1* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$5,167
Tax year 2024
Assessed value
$318,361
Assessed 2024
Previous assessed
$318,361
+0.0% YoY
Effective rate
1.62%
On assessed value
Assessed land
$106,120
Assessed improvement
$212,241
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
Off-Market
Year built
1957
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.55 ac (23,829 SF)
Zoning code
LRM1*
APN
3130-031-032
UPID
US09-6789513
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRM1* · Lancaster, CA
Zoning LRM1* · permitted uses
LRM1* · 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
1957
Heating
NONE
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Antonio Martinez
Individual
Mailing address
39928 GORHAM LN, PALMDALE, CA 93551-3567
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2021
$300,000
Antonio Martinez
Yeon Hee Kim
Grant Deed
$250,000 · Commonwealth Business Bank
Sep 29, 2017
—
Yeon H Kim
—
Deed
related
$200,000 · Bhavin Kusal
Jun 24, 2016
—
Yeon H Kim
Kim,hyung S
Quit Claim Deed
related
—
Jun 24, 2016
$280,000
Yeon H Kim
Kim,peter
Grant Deed
related
—
Nov 30, 2010
$280,000
Peter Kim
Kim,kum S
Grant Deed
related
$230,000 · Kum S Kim
Dec 2, 2004
—
Kum S Kim
Tim,sang B
Grant Deed
related
—
Apr 7, 1998
$80,000
Sang B Kim
Wilson Trust
Grant Deed
$60,000 · Seller
May 19, 1994
$125,000
Hector M Chien
Wilson Trust
Grant Deed
$125,000 · Seller
—
—
Yeon H Kim
—
Deed Of Trust
related
$200,000 · Bhavin Kusal
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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