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45216 10th W, Lancaster, CA 93534

Commercial property

45216 10th W, Lancaster, CA 93534 Sold May 2026 CRMLS
$3,280,000Sold May 2026

Listing Agent: Joshua Markowitz (DRE #01978248) · Listing Office: Markowitz Commercial Real Estate, Inc. · Contact: 818-337-9066 · Bought with: Joshua Markowitz · Markowitz Commercial Real Estate, Inc. · MLS #SR26046684 · Source: CRMLS

26,650
Building Sq Ft
$156,744
NOI
86,074 sqft
Lot Size
1968
Year Built
Commercial property
Type

How this sale compares

45216 10th W sold for $3,280,000 in May 2026, 3.5% under its $3,400,000 list price, after 9 days on the market.

9
Days on market
−3.5%
Sold vs. list price

Figures are MLS-reported closed sales (CRMLS). Nalren does not estimate values.

Description

Lancaster Plaza is a value-add opportunity with cash flow in place. The subject property is located at the intersection of 10th Street West and Avenue I, two major thoroughfares with combined traffic counts exceeding 41,100 vehicles per day. The property is currently 57% occupied and is shadow anchored by McDonald's and Auto Zone. Lancaster Plaza is currently mismanaged and the seller has incomplete records. All buyers are encouraged to complete thorough due diligence.

Listing description from the May 2026 sale, as reported to CRMLS.

Sale history

$3,280,000
Sold May 2026 · listed $3,400,000, on market February 2026, 9 days on market · MLS #SR26046684 · Source: CRMLS
Listing Agent: Joshua Markowitz · Listing Office: Markowitz Commercial Real Estate, Inc. · Contact: 818-337-9066 · Bought with: Joshua Markowitz · Markowitz Commercial Real Estate, Inc.
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