Property profile

651 Ave I I Lancaster, CA 93534

OFF-MARKET
Retail space
Property ID
US09-6934923
13,930 SF 1.93 ac lot Built 1949
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1949
Construction WOOD
Total area 13,930 SF
Lot 1.93 ac (83,989 SF)
Zoning code LRM1*
APN 3135-026-048
UPID US09-6934923

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

651 Ave I I Lancaster, CA 93534
Lancaster metro Census 900804 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$240k

Owner & transaction history

since 2023
Last sale
$240,500
6 recorded transactions
2023
Price N/A
1996
$400,000
1988
$240,500
1969
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

LRM1* · Lancaster, CA

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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