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Mixed-Use Property With Workshop
For Sale
$644,900

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$280.51
Days on Market47

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
Source: Jessicadixonrealty
Added: Sep 8 Changed: Oct 3 Last Checked: Oct 7 at 1:34PM

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

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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.

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 / Yr
$39,658
Cap Rate
6.15%
Suggested Prices Based on Cap Rates
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
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 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 (±1% cap)
NOI $39,658 @ 7.0% cap · market cap 6.15%
Second Best
Retail
$560.5K
$490.5K – $653.9K (±1% cap)
NOI $39,236 @ 7.0% cap · market cap 6.08%
Theoretical Best
Office A
$970.7K
$849.4K – $1.13M (±1% cap)
NOI $67,950 @ 7.0% cap · market cap 10.54%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Contact the owner directly Get the owner's phone numbers and email
Open Analytics

Current Use

Flex space

Suggested Use

Top Pick Bakery (Bike/Boat/Book/etc) Store Locksmith Skin Care Clinic Grocery & Convenience Store Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

331
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

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 $644,900.
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
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