Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    115th St Ave E/E, Unit N8 Palmdale, CA 93591

    Sponsored
    For Sale
    Contact for pricing

    D - Palmdale, CA

    Days on Market:
    9
    Last Refresh:
    Feb 24 at 12:06 pm

    Property Features for 115th St Ave E/E

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Zoning
    PDA2
    APN
    3078-001-039

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Mark Mestepey

    Castlestone Properties, Inc. (661) 949-0099

    Listing agent Mark Mestepey (818) 993-0099 License #01991537

    Listing date Feb 16, 2026

    MLS# 26001374 Listing URL

    Copyright © 2026 Greater Antelope Valley Association of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Palmdale Industrial Land For Sale

    This parcel of light industrial land is located within the city of Palmdale. The property's location is quiet and secluded, situated north of Littlerock and west of Lake LA. It is close to multiple paved streets, including Avenue O to the south and 90th Street to the west. The light industrial zoning allows for a variety of possibilities, including truck storage, agriculture-related activities, building supply storage, and solar farm development. The location and scenic butte views may also be suitable for airsoft/paintball, ATV riding, campground, or even movie shoots. The property is also suitable for camping or mobile home use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Solar farms

    Map

    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -117.926263
    Latitude
    34.625631

    Nearby Similar for Sale

    • $1,449,900
      13,100 SF

      Palmdale Office Building Investment

      Three office buildings on a single lot, great investment opportunity.
      1309 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $315,000
      Pending

      Palmdale Retail Investment Opportunity

      Versatile retail property in Palmdale with secured rear area.
      38200 E 6Th St, Palmdale, CA 93550
      View Details
    • $315,000
      Pending

      Palmdale Commercial Space For Sale

      Versatile 1,517 sq ft retail space in Palmdale, CA.
      38200 6Th St E, Palmdale, CA 93550
      View Details
    • $175,000
      2.59 Acres

      Palmdale Land with Living Quarters

      Land featuring a unique container home near Lake Angeles.
      190 Avenue, Palmdale, CA 93591
      View Details
    • $3,445,000
      33,124 SF

      Palmdale Office Building For Sale

      Value-add office investment opportunity in Palmdale, California.
      3166 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $649,000
      Pending

      Palmdale Retail Opportunity on Corner

      Retail building with flexible leases, redevelopment potential, and high visibility.
      38463 9Th St E, Palmdale, CA 93550
      View Details
    • $85,000
      3,000 SF

      Established Auto Transmission Service Center

      Operating auto transmission service center for sale in Palmdale, CA.
      38950 E 30Th St, Palmdale, CA 93550
      View Details
    • $140,000
      890 SF

      Palmdale Restaurant Opportunity For Sale

      Established restaurant in Antelope Valley Mall food court area.
      1233 W Rancho Vista Blvd, Palmdale, CA 93551
      View Details
    • $300,000
      4,000 SF

      Established Palmdale Nightclub & Restaurant

      Turnkey restaurant and nightclub venue in a high-traffic Palmdale location.
      232 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $995,000

      Palmdale Opportunity Zone Development Site

      Development site in Palmdale Opportunity Zone with plans for 120 units.
      12th Ste Vic Ave, Palmdale, CA 93550
      View Details
    • $625,000
      2,420 SF

      Well-Maintained Palmdale Duplex For Sale

      Well-maintained duplex with upside potential, ideal for investors or owner-occupants.
      38726 E 4Th St, Palmdale, CA 93550
      View Details
    • $950,000
      1,500 SF

      Established Glass Business Opportunity

      Reputable glass business serving residential and commercial clients since 2000.
      39450 E 3Rd St, Palmdale, CA 93550
      View Details

    FAQs

    What type of property is this?
    Industrial land - Affordable Palmdale industrial land suitable for various uses.
    Where is this industrial land located?
    The property is located at 115th St Ave E/E, Unit N8 Palmdale, CA.
    What is the asking price?
    The asking price for this property is $9,995.
    What are key features of this property?
    This property features: - Affordable price for industrial land within Palmdale city limits.; - Light industrial zoning allows for a variety of uses.; - Quiet and secluded location, yet close to the city.
    (818) 624-0099
    Request Owner's contact information
    115th St Ave E/E, Unit N8 Palmdale, CA 93591
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    115th St Ave E/E, Unit N8
    Palmdale, CA 93591
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    115th St Ave E/E, Unit N8 Palmdale, CA 93591
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Mark Mestepey
    Real Estate License ID: 01991537
    (818) 624-0099 (818) 993-0099 (661) 949-0099
    Learn more
    Google sign-in failed. Please try again or use another login method.