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Property profile & analytics
FOR SALE
Retail space

656 W Lancaster Rd Lancaster, CA 93534

5,600 SF 0.17 ac lot Built 1953
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US09-8262490
Property summary
AI-generated overview

This exceptional 6,487 square foot retail property, located at 656 W Lancaster Blvd in Lancaster, CA 93534, presents a unique owner-user or investor opportunity. Situated on a 7,500 square foot lot, this single-story, Class B building boasts a prominent storefront with double door entry and floor-to-ceiling glass, ideal for high visibility businesses. Built in 1953, the property features two units, offering versatile space for a variety of uses, including retail, office, or restaurant. The layout includes a spacious retail area, private office, warehouse space with a roll-up door, elevated rear storage, and three restrooms. Multiple entrances enhance accessibility. Currently vacant with an occupancy date of July 26, 2024, this property is zoned for Downtown Specific Plan and offers almost 6,500 square feet of net rentable space, priced at $239.86 per square foot for a total asking price of $1,556,000. The property is held in trust and its APN is 3134-016-010. This high-traffic location in the heart of Downtown Lancaster provides excellent visibility and accessibility. The property's versatile layout and ample space make it an attractive option for a wide range of businesses seeking a prominent presence in a thriving downtown area. This is a truly exceptional opportunity for an owner-user or investor seeking a prime retail location in Lancaster, California.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1953
Construction WOOD
Total area 5,600 SF
Lot 0.17 ac (7,500 SF)
Zoning code LRC3*
APN 3134-016-010
UPID US09-8262490
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
  • Bohn's Printing Marketing & Advertising Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Roger E Hemme · 1 yrs held
Roger E Hemme
since 2025
Last sale
$95,500
4 recorded transactions
2025
Price N/A
2024
Price N/A
1992
$95,500
1969
Price N/A
Zoning & alternative use
LRC3* · Lancaster, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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