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Property profile & analytics
OFF-MARKET Estimated value $2,315,000
Auto shops

1040 Rancho Vis Blvd Palmdale, CA 93551-3932

2,686 SF 0.51 ac lot Built 2000
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-6988908
Property summary
AI-generated overview

This exceptional investment opportunity presents a single-tenant, triple-net (NNN) leased retail property located at 1040 W. Rancho Vista Blvd, Palmdale, CA 93551, within Los Angeles County. The property boasts a substantial 2,686 square feet of retail space situated on a 0.45-acre lot. Currently operating at 100% occupancy, the property is secured by an 11-year remaining lease term, offering significant long-term stability for investors. The asking price is $2,483,420, representing an attractive 5.00% capitalization rate. This makes it an ideal addition to any diversified commercial real estate portfolio. The property's strong tenant base and prime location in Palmdale, California, contribute to its exceptional investment potential. The NNN lease structure minimizes landlord responsibilities, further enhancing the property's appeal to passive investors seeking a low-maintenance, high-return investment. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving market. The property's size and location make it suitable for a variety of retail uses, ensuring continued strong performance and potential for future appreciation. The long-term lease provides predictable cash flow, making this an attractive option for investors seeking a stable and reliable income stream. Detailed financial information is available upon request.

Property profile
Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 2000
Construction WOOD
Total area 2,686 SF
Lot 0.51 ac (22,058 SF)
Zoning code LCM11/2-B2
APN 3003-003-063
UPID US09-6988908
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Jiffy Lube Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$2.17M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.32M
Owner & transaction history
8881 Research LLC · 4 yrs held
8881 Research LLC
since 2022
Last sale
$2.4M
7 recorded transactions
2022
$2.4M
2006
$2.2M
2006
$1.5M
2004
Price N/A
2001
$990,000
2001
$960,000
1999
$325,000
Zoning & alternative use
LCM11/2-B2 · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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