Two-Building Auto Shop
New
For Sale
Contact for pricing
39126-39130 3rd St E, Palmdale, CA 93550
Automotive and industrial improvements offer high-clearance space, multiple ground-level doors, and on-site parking.
Property Size9,500 SF
Price / SF$337.65
Days on Market4
Property Features for 39126-39130 3rd St E
General Information
Standard status
Active
Size
9,500 SF
Total Parking Spaces
34
Property subtype
INDUSTRIAL
Building Details
Buildings
2
Listing Agency:
Stratton Commercial Real Estate, Inc.
(661) 702-9700
Listed By:
Robert Stratton · License #01182000
(661) 212-5699
Source:
Moodyscre
Added: Sep 2
Changed: Sep 4
Last Checked: Sep 4 at 3:24PM
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 Stratton Commercial Real Estate, Inc.
Investment Insights
Based on property information with market context.
This automotive property includes two buildings totaling 9,500 square feet. The improvements provide 16-foot clear height, six ground-level doors measuring 10 feet by 12 feet, and 34 parking spaces. A substantial yard area adds exterior utility for automotive or industrial operations.
The property is located at 39126-39130 3rd St E in Palmdale, California. Its combination of building area, door access, clear height, parking, and yard space supports a range of automotive shop and industrial functions.
The property is located at 39126-39130 3rd St E in Palmdale, California. Its combination of building area, door access, clear height, parking, and yard space supports a range of automotive shop and industrial functions.
Key Highlights
- Two automotive/industrial buildings totaling 9,500 square feet
- 16' clear height
- Six (6) 10'x12' ground‑level doors
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
$162,134
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
5.05%
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%
$3,242,680
$3.2M
Cap Rate 7%
$2,316,200
$2.3M
Cap Rate 9%
$1,801,489
$1.8M
Market Conditions
NOI Build-Up for 9,500 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
$245.1K $25.80/SF
− Vacancy
−$13.5K −$1.42/SF
EGI
$231.6K $24.38/SF
− OpEx
−$69.5K −$7.31/SF
NOI
$162.1K $17.07/SF
Area
Palmdale, CA
Vacancy
5.50%
Lease Rate
$25.80 /SF/Yr
Expense Ratio
30.00%
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%
$3,242,680
Cap Rate 7%
$2,316,200
Cap Rate 9%
$1,801,489
Alternative Uses
Best Use
Retail
$2.32M
$2.03M – $2.70M
NOI $162,134 @ 7.0% cap · market cap 5.05%
Second Best
Industrial
$1.58M
$1.39M – $1.85M
NOI $110,854 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$4.01M
$3.51M – $4.68M
NOI $280,787 @ 7.0% cap · market cap 8.75%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
311
Businesses Nearby
Well-served
Demand for This Use
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 Retail in West region
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Frequently Asked Questions
What type of property is this?
Auto shop - Automotive and industrial improvements offer high-clearance space, multiple ground-level doors, and on-site parking.
Where is this auto shop located?
The property is located at 39126-39130 3rd St E Palmdale, CA.
What is the asking price?
The asking price for this property is $3,207,660.
What are key features of this property?
This property features: Two automotive/industrial buildings totaling 9,500 square feet; 16' clear height; Six (6) 10'x12' ground‑level doors
