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46135 Division St 4,900 SF Industrial Building Lancaster, CA 93535 $1,443,889 CAD ($294.67 CAD/SF) 3.63% Cap Rate
Investment Highlights
- 4,900 SF shop building plus rented modular home on 2.15 acres zoned HI
- Tenants include a tree trimming company, rented modular home, and car and truck parking
- Shop will be delivered vacant allowing for an owner-user to occupy or investor to achieve an estimated 8% CAP Rate
- Shop building includes office build out with reception, kitchen, two bathrooms, three private offices, plus a clean shop with two grade level rollups
Executive Summary
This Heavy Industrial offering consists of a 4,900 SF shop building plus rented modular home on 2.15 acres zoned HI. The shop will be delivered vacant, allowing for an owner-user to occupy or investor to achieve an estimated 8% CAP Rate.
Property Facts Under Contract
| Price | $1,443,889 CAD | Rentable Building Area | 4,900 SF |
| Price Per SF | $294.67 CAD | No. Stories | 1 |
| Sale Type | Investment or Owner User | Year Built | 1980 |
| Cap Rate | 3.63% | Tenancy | Single |
| Property Type | Industrial | Parking Ratio | 3.43/1,000 SF |
| Property Subtype | Service | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 2 |
| Lot Size | 2.15 AC | ||
| Zoning | LRHI - Heavy Industrial | ||
| Price | $1,443,889 CAD |
| Price Per SF | $294.67 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 3.63% |
| Property Type | Industrial |
| Property Subtype | Service |
| Building Class | C |
| Lot Size | 2.15 AC |
| Rentable Building Area | 4,900 SF |
| No. Stories | 1 |
| Year Built | 1980 |
| Tenancy | Single |
| Parking Ratio | 3.43/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 2 |
| Zoning | LRHI - Heavy Industrial |
Amenities
- Fenced Lot
1 1
Somewhat walkable
30/100
Exceptionally drivable
90/100
Minimal public transit
10/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 3137-008-123 | Improvements Assessment | $869,466 CAD |
| Land Assessment | $434,733 CAD | Total Assessment | $1,304,200 CAD |
Property Taxes
Parcel Number
3137-008-123
Land Assessment
$434,733 CAD
Improvements Assessment
$869,466 CAD
Total Assessment
$1,304,200 CAD
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46135 Division St
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