Keith Williams Purchases Industrial Property From Harry Yanikyan For $1,042,500 In Lancaster
46135 Division Street
$1,042,500
$212/SF
Building Size
4,900 SF
Asset Type
Industrial
Closing
Jul 29, 2026
AI
This transaction involves the sale of an industrial property located at 46135 Division Street, Lancaster. The property consists of a 4,900 square foot warehouse situated on a 2.15-acre heavy industrial site. The sale price for this property was $1,042,500, resulting in a price per square foot of $212.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $1,042,500
- Address: 46135 Division Street
- Market: Lancaster
- Square Footage: 4,900
- Price Per Square Foot: $212
- Buyer: Keith Williams
- Seller: Harry Yanikyan
- Seller's Representative: Josh Markowitz - Markowitz Commercial Real Estate
Josh Markowitz from Markowitz Commercial Real Estate represented the seller in this transaction. The buyer, Keith Williams, intends to occupy the property for his automotive business.
Lancaster Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
15.22%
Cash-on-Cash
-4.35%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93