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Property profile & analytics
OFF-MARKET
Estimated value
$3,965,000
Office buildings
44441 16th St W Ste 105 Lancaster, CA 93534-2873
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9956774
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2009
Construction
WOOD
Total area
970 SF
Lot
4.74 ac (206,420 SF)
Zoning code
LRC3
APN
3122-005-066
UPID
US09-9956774
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.97M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.97M
Owner & transaction history
Av Mixed Medical Building LLC · 2 yrs held
Av Mixed Medical Building LLC
since 2024
Last sale
$4.0M
6 recorded transactions
Zoning & alternative use
LRC3 · 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
$3,965,000
ML approach
$3,965,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.97M
Range $3.57M – $4.36M · ±10% · vs last sale $3.97M (May 14 2024)
Last sale anchor
$3.97M
May 14 2024
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
$4,088 / 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
$4,314
Tax year 2024
Assessed value
$238,938
Assessed 2024
Previous assessed
$238,938
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$60,302
Assessed improvement
$178,636
Applied tax rate
10.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
NONE
Total area
970 SF
Lot
4.74 ac (206,420 SF)
Zoning code
LRC3
APN
3122-005-066
UPID
US09-9956774
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LRC3 · Lancaster, CA
Zoning LRC3 · permitted uses
LRC3 · 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
2009
Construction
WOOD
Heating
NONE
Lot
4.74 ac
Current owner
From public records · entity-resolved
Av Mixed Medical Building LLC
Entity
Mailing address
26707 MACMILLAN RNCH RD, SANTA CLARITA, CA 91387-4039
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2024
$3,750,000
Av Mixed Medical Building LLC
Stephen S Leung
Deed
—
May 14, 2024
$3,965,000
Av Mixed Medical Building LLC
Stephen S Leung
Grant Deed
—
Jan 28, 2022
—
Stephen S Leung
—
Deed
related
$2,177,500 · Cathay Bank
Oct 4, 2016
—
Stephen S Leung & Helena S Leung 20
—
Deed
related
$2,730,000 · Cathay Bank
May 28, 2013
—
Antelope Valley Medical Plaza
—
Deed Of Trust
related
$2,300,000 · Cathay Bank
Apr 26, 2013
$3,600,000
Antelope Vly Medical Plaza LLC
16th Street Builders LLC
Grant Deed
—
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.
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