Palmdale Crossroads presents a unique opportunity to acquire 54 acres of commercial land in a high-growth area of Los Angeles County, California. This exceptional property boasts an unparalleled location near Palmdale's thriving business district, offering immediate access to a significant concentration of retail, medical, and hospitality establishments. The site is strategically situated near the Antelope Valley Mall, encompassing over 2 million square feet of retail space, the Palmdale Regional Medical Center, a substantial auto mall, numerous hotels and restaurants, and a planned conference center. This prime location ensures high visibility and accessibility, further enhanced by its proximity to the Antelope Valley (14) Freeway. The property's neighboring developments include Palmdale Marketplace, Sierra Commons, Amargosa Commons, a Sit-n-Sleep Center, and a burgeoning business and industrial park featuring notable office projects such as the Palmdale Corporate Center (240,000 sq ft), Venture Commerce Center (46,529 sq ft), Challenger Business Park (83,300 sq ft), and Meridian Professional Center (73,310 sq ft). Adding to the area's appeal are the recently constructed 250-bed, 250,000 sq ft Palmdale Medical Regional Center, a 150-room Embassy Suites hotel, a 148-room Holiday Inn, and a 99-suite Staybridge Suites. This exceptional property offers unparalleled potential for a wide range of commercial developments, capitalizing on the robust growth and strategic location within Palmdale, CA, zip code 93551, at the intersection of Palmdale Boulevard and Highway 14.
Property Features for 0 Palmdale Blvd And Hwy 14
General Information
Property type
Land
Lot Size
2,352,240 SF
HighLights
54‑acre commercial land parcel in Palmdale, CA.
Located at Palmdale Boulevard and Hwy 14, Los Angeles County, zip code 93551.
Prime location near Palmdale's business district, including major retail, medical facilities, hotels, and restaurants.
Excellent freeway visibility and access via Antelope Valley (14) Freeway.
Surrounded by established businesses and developments, including a regional mall and numerous office and retail centers.
Land - Prime Palmdale commercial land, ideal location.
Where is this land located?
The property is located at Palmdale Blvd And Hwy 14 Palmdale, CA.
What are key features of this property?
This property features: 54-acre commercial land parcel in Palmdale, CA.; Located at Palmdale Boulevard and Hwy 14, Los Angeles County, zip code 93551.; Prime location near Palmdale's business district, including major retail, medical facilities, hotels, and restaurants.
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Palmdale Blvd And Hwy 14 Palmdale, CA 93551
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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.
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
Palmdale Blvd And Hwy 14 Palmdale, CA 93551
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Palmdale Blvd And Hwy 14, Palmdale, CA
Vincent Roche
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Palmdale Blvd And Hwy 14, Palmdale, CA
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Palmdale Blvd And Hwy 14, Palmdale, CA
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to Palmdale Blvd And Hwy 14 Palmdale, CA 93551
Palmdale Blvd And Hwy 14, Palmdale, CA
Vincent Roche
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