Add Listing
    For Lease
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    37926 47th St. East Palmdale, CA 93552

    View on Map
    Claim this Listing
    Picture of Retail space at 37926 47th St. East, Palmdale, CA
    For Lease
    $1.95 SF/Yr $624/Mo (calc)

    Retail - Palmdale, CA

    Type:Retail
    Property size:
    3,840 SF
    Lot size:
    1.43 Acres
    Added:
    Oct 31, 2025
    Days on Market:
    182
    Last Refresh:
    Apr 30 at 5:06 pm

    Property Features for 37926 47th St. East

    General Information

    Property type
    Commercial Lease
    Property subtype
    Retail
    Zoning
    PDA11
    Parking features
    Unassigned
    Standard status
    Active
    APN
    3023-043-075
    Size
    3,840 SF
    Lot size
    1.43 Acres

    Taxes and HOA fees

    Expense value
    10000
    Expense
    Security Deposit

    Utilities

    Cooling system
    Central Air

    Building Details

    Year built
    2008
    Floors in Building
    1
    Roof type
    Foam
    Architectural style
    Other

    We can help!

    Listing Contact
    Michelle A Royal
    Michelle A Royal

    Listing agent Michelle A Royal License #01337652

    Listing office Drt Pddlr/DP Comm Bkrg 38839 N. 20th St. E., Ste. A., Palmdale, CA 93550, Palmdale, CA

    Listing date Oct 31, 2025

    MLS# 25008447 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.

    Overview

    Palmdale Retail Space Available

    This retail property, located in Palmdale, California, offers 3,840 square feet of space on a 1.43-acre lot. The property is zoned PDA11 and presents the possibility of being divided into two separate units. A new Planet Fitness is located in the same parking lot, offering potential synergy. This property is suitable for retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Wesley Health Centers ... Medical Clinic Pizza Hut Take-out & Catering Wesley Health Centers-Palmdale ... Medical Clinic Prime Time Nutrition Grocery & Convenience Store Helen Okoh Medical Clinic

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.044331
    Latitude
    34.572115

    Nearby Similar for Lease

    • $8,000/Mo

      Iconic Restaurant Location Available

      High-traffic restaurant location with established reputation and full build-out.
      553 Sierra, Palmdale, CA 93550
      View Details
    • $1,900/Mo

      Versatile Commercial Units in Palmdale

      Three commercial units available for rent in a prime location.
      38128 6th Street, Palmdale, CA 93550
      View Details
    • $29 SF/Yr

      Turn-Key Auto Shop For Lease

      Automotive facility on Palmdale's main corridor, adjacent to In-N-Out.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $550/Mo

      Palmdale Office Space For Rent

      Office space for rent in Palmdale shopping center.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • $1.00 SF/Yr

      Move-In Ready Palmdale Office Space

      Multiple suites available in Palmdale, CA, ready for occupancy.
      4621 S Avenue, Palmdale, CA 93552
      View Details
    • $1.00 SF/Yr

      SIERRA HIGHWAY BUSINESS PLAZA FOR OFFICES, FLEX

      Multi-tenant complex with retail, office, warehouse, and flex spaces.
      190 Sierra Ct, Palmdale, CA 93550
      View Details
    • $450/Mo

      Office Space in Palmdale Center

      Desk for rent in Palmdale shopping center, internet included.
      533 E Palmdale Boulevard, Palmdale, CA 93550
      View Details
    • Contact for pricing

      Retail Space For Rent

      Single tenant retail space available for lease.
      202 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • $2.00 SF/Yr

      Palmdale Medical Office Space

      New medical office space for lease in Palmdale, CA.
      635 Commerce Avenue, Palmdale, CA 93551
      View Details
    • $450/Mo

      Retail Space Across Vallarta Market

      Retail space available for rent in Palmdale, California.
      533 E Palmdale Boulevard A-2, Palmdale, CA 93550
      View Details
    • $1,400/Mo

      Freeway Business Plaza For Lease

      Located on 12th St West & Avenue M-14 in Palmdale, CA.
      41250 12th St West #E-1, Palmdale, CA 93551
      View Details
    • Contact for pricing

      New Retail Center For Lease

      New 44,419 SF retail center in high-growth Palmdale, CA.
      Rancho Vista Blvd. &, 15th St W, Palmdale, CA 93551
      View Details

    FAQs

    What type of property is this?
    Retail space - Retail space for rent in Palmdale, California.
    Where is this retail space located?
    The property is located at 37926 47th St. East Palmdale, CA.
    What is the lease rate?
    The lease rate is $1.95 SF/Yr.
    What are key features of this property?
    This property features: Large retail space suitable for various business types.; Potential to divide the space into two separate units.; Located in the same parking lot as a new Planet Fitness.
    (661) 917-0917
    We can help!
    Listing Contact
    Michelle A Royal
    Michelle A Royal
    Real Estate License ID: 01337652
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!