Standalone Drive-Through Restaurant
New
For Sale
$2,499,000
40420 W 10th Street, Palmdale, CA 93551
COMMERCIAL - Palmdale, CA
Property Size3,958 SF
Lot Size1.85 Acres
Price / SF$631.38
Days on Market1
Property Features for 40420 W 10th Street
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
PDC2*
Lot features
Corner Lot
Directions
North on 14fwy. Exit Rancho Vista Blvd. West/Left on Rancho Vista Blvd. North/Right on 10th St West. Building is on the Northeast corner of 10th St West & Ave O.
Subdivision
08 - Palm Div to 110th W
Standard status
Active
APN
3005-002-017
Size
3,958 SF
Lot size
1.85 Acres
Utilities
Utilities
Natural Gas Available
Cooling system
Central Air
Building Details
Year built
1971
Floors in Building
1
Building materials
Stucco, Wood Siding, Shingle Siding
Roof type
Tile
Listing Agency:
RE/MAX All-Pro · RE/MAX International
(661) 945-9461
Listed By:
Priyam Rajapaksa · License #01789155
(661) 886-3692
Added: Aug 5
Last Checked: Aug 5 at 6:06PM
MLS# 26006082
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.
Investment Insights
Based on property information with market context.
This standalone commercial building contains 3,958 square feet on a 1.85-acre parcel and is identified for drive-through restaurant use. The property also supports restaurant use generally, with central air conditioning, natural gas available, tile roofing, and exterior materials including stucco, wood siding, and shingle siding. Built in 1971, the building offers a substantial existing improvement for a food-service operation or related commercial use.
The property is positioned at W 10th Street and Avenue O in Palmdale, near Walmart, Sam’s Club, Antelope Valley Mall, and a Trader Joe’s mega warehouse on W 10th Street. The 14-Freeway is minutes away. Zoning is designated PDC2*.
The property is positioned at W 10th Street and Avenue O in Palmdale, near Walmart, Sam’s Club, Antelope Valley Mall, and a Trader Joe’s mega warehouse on W 10th Street. The 14-Freeway is minutes away. Zoning is designated PDC2*.
Key Highlights
- 3,958‑square‑foot standalone commercial building
- 1.85‑acre parcel at W 10th Street and Avenue O
- Drive‑through restaurant property type with restaurant use potential
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $109.2k | $27.60 |
| − Vacancy | −$5.5k | −$1.38 |
| EGI | $103.8k | $26.22 |
| − OpEx | −$25.9k | −$6.56 |
| NOI | $77.8k | $19.67 |
3,958 SF · lease $27.60/SF/yr · vacancy 5.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.11M
$972.9K – $1.30M
NOI $77,834 @ 7.0% cap · market cap 3.11%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.67M
$1.46M – $1.95M
NOI $116,985 @ 7.0% cap · market cap 4.68%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
925
Businesses Nearby
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Standalone building with PDC2* zoning and central air conditioning.
Where is this drive through restaurant located?
The property is located at 40420 W 10th Street Palmdale, CA.
What is the asking price?
The asking price for this property is $2,499,000.
What are key features of this property?
This property features: 3,958‑square‑foot standalone commercial building; 1.85‑acre parcel at W 10th Street and Avenue O; Drive‑through restaurant property type with restaurant use potential
