Automotive Property For
For Sale
$4,995,000
40360 La Quinta, Palmdale, CA 93551
For sale commercial automotive property located at 40360 La Quinta in Palmdale, with access noted near Ave O and 10th St West.
Property Size20,015 SF
Price / SF$249.56
Days on Market144
Property Features for 40360 La Quinta
General Information
Standard status
Active
Size
20,015 SF
Building Details
Year Built
2007
Listing Agency:
Re/Max All-Pro
Listed By:
Kenneth Terracciano · License #01254688
(661) 917-0038
Source:
Jessicadixonrealty
Added: May 18
Changed: Oct 6
Last Checked: Oct 7 at 2:52PM
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 Re/Max All-Pro
Investment Insights
Based on property information with market context.
This offering is a commercial automotive property presented for sale. The property is listed under multiple commercial real estate categories, including automotive properties and auto shops, along with retail properties and spaces.
The address is 40360 La Quinta in Palmdale, California (Los Angeles County). Public directions indicate Ave O and 10th St West as a reference point for locating the property.
Additional details about building size, specific layout, condition, and tenancy are not provided in the available information.
The address is 40360 La Quinta in Palmdale, California (Los Angeles County). Public directions indicate Ave O and 10th St West as a reference point for locating the property.
Additional details about building size, specific layout, condition, and tenancy are not provided in the available information.
Key Highlights
- Commercial automotive property for sale at 40360 La Quinta in Palmdale
- Located with access noted near Ave O & 10th St West (directions provided: Ave O & 10th St West)
- Built in 2007
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$341,590
Cap Rate
6.84%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,831,800
$6.8M
Cap Rate 7%
$4,879,857
$4.9M
Cap Rate 9%
$3,795,444
$3.8M
Market Conditions
NOI Build-Up for 20,015 SF
Gross rent
$516.4K $25.80/SF
− Vacancy
−$28.4K −$1.42/SF
EGI
$488.0K $24.38/SF
− OpEx
−$146.4K −$7.31/SF
NOI
$341.6K $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 Rate 5%
$6,831,800
Cap Rate 7%
$4,879,857
Cap Rate 9%
$3,795,444
Alternative Uses
Best Use
Retail
$4.88M
$4.27M – $5.69M
NOI $341,590 @ 7.0% cap · market cap 6.84%
Second Best
Industrial
$3.34M
$2.92M – $3.89M
NOI $233,552 @ 7.0% cap · market cap 4.68%
Theoretical Best
Office A
$8.45M
$7.39M – $9.86M
NOI $591,573 @ 7.0% cap · market cap 11.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
104
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 93551, CA
56,001
Population
17,940
Households
3.1
Avg Household Size
38
Median Age
30%
College-Educated
87%
High-School Grad
84.8 sq mi
ZIP Area
660
Density / Sq Mi
$110,850
Median Household Income
$55,882
Median Earnings
$2,263
Median Rent
$548,800
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Auto shop - For sale commercial automotive property located at 40360 La Quinta in Palmdale, with access noted near Ave O and 10th St West.
Where is this auto shop located?
The property is located at 40360 La Quinta Palmdale, CA.
What is the asking price?
The asking price for this property is $4,995,000.
What are key features of this property?
This property features: Commercial automotive property for sale at 40360 La Quinta in Palmdale; Located with access noted near Ave O & 10th St West (directions provided: Ave O & 10th St West); Built in 2007
