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Property profile & analytics
OFF-MARKET
Estimated value
$815,000
Auto shops
44556 Trevor Ave Lancaster, CA 93534-3668
Individually Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6920445
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1956
Construction
WOOD
Total area
1,200 SF
Lot
0.11 ac (4,972 SF)
Zoning code
LRM1*
APN
3138-033-021
UPID
US09-6920445
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
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$815k
Owner & transaction history
Hagop J Balyan · 6 yrs held
Hagop J Balyan
since 2020
Last sale
$920,009
7 recorded transactions
Zoning & alternative use
LRM1* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$545,000
+34.8%
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
by Request
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$545,000
Change: +35% · Conversion: Difficult
Blend value · Realmo final
$815k
Range $734k – $897k · ±10% · vs last sale $920k (Jun 1 2020)
Last sale anchor
$920k
Jun 1 2020
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
$679 / 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
$2,433
Tax year 2024
Assessed value
$174,765
Assessed 2024
Previous assessed
$174,765
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$32,164
Assessed improvement
$142,601
Applied tax rate
4.0000
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
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,200 SF
Lot
0.11 ac (4,972 SF)
Zoning code
LRM1*
APN
3138-033-021
UPID
US09-6920445
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.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$545,000
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1956
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.11 ac
Current owner
From public records · entity-resolved
Hagop J Balyan
Individual
Free & Clear · 6 yrs held
Mailing address
14932 OXNARD ST, VAN NUYS, CA 91411-2610
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 11, 2023
—
Hagop Jack Balyan
—
Deed
related
$1,530,000 · University Cu
Dec 1, 2022
—
Hagop Jack Balyan
—
Deed
related
$1,350,000 · Equity Financial Design LLC
Sep 28, 2020
—
Hagop Jack Balyan
—
Deed
related
$770,000 · Harvest Small Business Finance LLC
Jun 1, 2020
—
Hagop J Balyan
Alice Yepremian
Quit Claim Deed
related
—
Jun 1, 2020
$920,000
Hagop J Balyan
Meginn R F/t
Grant Deed
$730,000 · Mcginn R & K F/tr (pt)
Jul 11, 2019
—
Mcginn,richard & Kathlene F Trust
Mcginn,richard A
Affidavit Of Death
related
—
Jul 30, 1999
$63,000
Mcginn Trust
Lalicker,eric L
Grant Deed
—
May 12, 1989
—
Eric L Lalicker
Lilic
Quit Claim Deed
related
$67,500 · Beneficial Mortgage Co
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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