Mixed-Use Property With
New
For Sale
$649,900
39018 E 8th St, Palmdale, CA 93550
Industrial-zoned property combines a remodeled residence with multiple commercial buildings and secured vehicle access.
Property Size2,299 SF
Lot Size1.09 Acres
Price / SF$282.69
Days on Market1
Property Features for 39018 E 8th St
General Information
Standard status
Active
Size
2,299 SF
Lot size
1.09 Acres
Additional Details
Fenced Yard
Yes
Amenities
fireplace
indoor laundry room
enclosed patio
skylights
roll-up doors
heater
reception area
storage rooms
Building Details
Year Built
1949
Buildings
3
Listing Agency:
Berkshire Hathaway HomeServices Troth, REALTORS
Listed By:
Douglas L Terrell · License #01912546
(661) 803-0269
Source:
Jessicadixonrealty
Added: Sep 8
Last Checked: Sep 8 at 2:54PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Berkshire Hathaway HomeServices Troth, REALTORS
Investment Insights
Based on property information with market context.
This mixed-use property occupies 1.09 acres and includes a remodeled 3-bedroom, 1-bath residence alongside two commercial-grade buildings. The home features updated paint, luxury plank flooring, a new kitchen with a center island and appliances, a living room fireplace, indoor laundry, and an enclosed patio.
The larger shop includes 10-foot roll-up doors, skylights, a 1/2 bath, and a heater. A separate commercial building provides a reception area and multiple storage rooms. The industrially zoned site is fully fenced, with gated RV access and an easement leading to rear parking. The layout accommodates semi-trucks, boats, and additional fleet vehicles, supporting combined residential and business use at one location.
The larger shop includes 10-foot roll-up doors, skylights, a 1/2 bath, and a heater. A separate commercial building provides a reception area and multiple storage rooms. The industrially zoned site is fully fenced, with gated RV access and an easement leading to rear parking. The layout accommodates semi-trucks, boats, and additional fleet vehicles, supporting combined residential and business use at one location.
Key Highlights
- 1.09‑acre industrially zoned mixed‑use property
- Remodeled 3‑bedroom, 1‑bath residence with new kitchen and appliances
- Shop includes 10‑foot roll‑up doors, skylights, a 1/2 bath, and a heater
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$39,658
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.10%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$793,160
$793.2K
Cap Rate 7%
$566,543
$566.5K
Cap Rate 9%
$440,644
$440.6K
Market Conditions
NOI Build-Up for 2,299 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$69.0K $30.00/SF
− Vacancy
−$5.5K −$2.40/SF
EGI
$63.5K $27.60/SF
− OpEx
−$23.8K −$10.35/SF
NOI
$39.7K $17.25/SF
Area
Palmdale, CA
Vacancy
8.00%
Lease Rate
$30.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$793,160
Cap Rate 7%
$566,543
Cap Rate 9%
$440,644
Alternative Uses
Best Use
Mixed Use
$566.5K
$495.7K – $661.0K
NOI $39,658 @ 7.0% cap · market cap 6.10%
Second Best
Retail
$560.5K
$490.5K – $653.9K
NOI $39,236 @ 7.0% cap · market cap 6.04%
Theoretical Best
Office A
$970.7K
$849.4K – $1.13M
NOI $67,950 @ 7.0% cap · market cap 10.46%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
331
Businesses Nearby
Explore this area
Business Placement
Demographics for 93550, CA
82,379
Population
23,965
Households
3.4
Avg Household Size
31
Median Age
10%
College-Educated
71%
High-School Grad
259.3 sq mi
ZIP Area
318
Density / Sq Mi
$63,811
Median Household Income
$34,287
Median Earnings
$1,573
Median Rent
$378,700
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Industrial-zoned property combines a remodeled residence with multiple commercial buildings and secured vehicle access.
Where is this mixed-use property located?
The property is located at 39018 E 8th St Palmdale, CA.
What is the asking price?
The asking price for this property is $649,900.
What are key features of this property?
This property features: 1.09‑acre industrially zoned mixed‑use property; Remodeled 3‑bedroom, 1‑bath residence with new kitchen and appliances; Shop includes 10‑foot roll‑up doors, skylights, a 1/2 bath, and a heater
