307 W Avenue I - Service FOR SALE


Lancaster, CA 93534
$1,450,000 USD
818-469-3954
307 W Avenue I, Lancaster, CA for Sale
$1,450,000 USD
Service - FOR SALE
1/23
null | 6.82% Cap Rate

307 W Avenue I
Lancaster, CA 93534


HIGHLIGHTS

  • Cap Rate: Current 6.82% - Proforma 7%
  • High traffic area on a main street with close proximity to 14 freeway.
  • 3 Structures on 47,916 sqft of industrial zoned property

OVERVIEW

Industrial zoned property includes two APNs and three structures, and is located within two miles of Fwy 14, high traffic on a main street. County Assessor shows 3552 sqft of building space. However, Seller has documentation that would support additional square footage. Building A recently leased.

FOR SALE DETAILS

PRICE

$1,450,000 USD

PRICE/SF

$211 USD /SF

CAP RATE

6.82%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Industrial - Cap Rate 6.82% / Proforma 7%

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Service

ADD'L SUBTYPES

undefined, Manufacturing, Warehouse

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1953

UTILITIES

Gas, Water, Sewer

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

1.1

LAND SF

47,916

ZONING

LRHI

APN/PARCEL ID

3137-015-023,3137-015-024

ASK ABOUT THIS PROPERTY

Thelma GhzanianRE/MAX OneMore Info
818-469-3954

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Thelma GhzanianRE/MAX OneMore Info
818-469-3954

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.