New search
Property profile & analytics
OFF-MARKET
Estimated value
$10,250,000
Retail space
1050 Palmdale Blvd Palmdale, CA 93550-4750
Entity Owned
25-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9922006
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1990
Construction
WOOD
Total area
68,988 SF
Lot
3.58 ac (156,083 SF)
Zoning code
PDR3*
APN
3014-001-004
UPID
US09-9922006
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
-
Rick Donkor Church
-
Palmdale GAIN Office Department Of Social Services
-
LACOE GAIN Palmdale High School
-
Payday Advance Loan Service
-
Palmdale Community Assessment Services Center Public Health Department Government
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.95M
Blend (final)
Blend
$10.25M
Owner & transaction history
Coast United Advertising Co In · 25 yrs held
Coast United Advertising Co In
since 2000
7 recorded transactions
Zoning & alternative use
PDR3* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$15.1M
+14.6%
Industrial (general)
$14.3M
+8.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$13,155,000
Current use
AUTO REPAIR, GARAGE
$15,070,000
Change: +15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$14,255,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$10.25M
Range $9.23M – $11.28M · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$149 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$123,354
Tax year 2024
Assessed value
$8,849,050
Assessed 2024
Previous assessed
$8,849,050
+0.0% YoY
Effective rate
1.39%
On assessed value
Assessed land
$2,954,596
Assessed improvement
$5,894,454
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
3
Stories
1
Total area
68,988 SF
Lot
3.58 ac (156,083 SF)
Zoning code
PDR3*
APN
3014-001-004
UPID
US09-9922006
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDR3* · Palmdale, CA
Zoning PDR3* · permitted uses
PDR3* · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmdale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$13.2M
AUTO REPAIR, GARAGE
Est. value
$15.1M
INDUSTRIAL (GENERAL)
Est. value
$14.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
3
Lot
3.58 ac
Current owner
From public records · entity-resolved
Coast United Advertising Co In
Entity
Mailing address
8020 DEERING AVE, CANOGA PARK, CA 91304-5010
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2016
—
Coast-united Advertising Co In
—
Deed
related
$4,800,000 · Miscellaneous Ins Co
Dec 29, 2000
$5,990,500
Coast United Advertising Co In
Boulgourjian Brothers Corp
Grant Deed
$3,900,000 · Cedars Bank
Feb 16, 1990
$1,800,000
Boulgourjian Bro
Gold
Grant Deed
—
—
—
Boulgourjian Bro
—
Deed Of Trust
related
$150,000 · Bank Audi
—
—
Coast United Advertising Co In
—
Deed Of Trust
related
$6,500,000 · Cedars Bank
—
—
Boulgourjian Bro
—
Deed Of Trust
related
$2,000,000 · Bank Audi Ca
—
—
Coast United Adversting Co
—
Deed Of Trust
related
$1,000,000 · Cedars Bank
—
—
Coast-united Advertising Co In
—
Deed Of Trust
related
$4,800,000 · Miscellaneous Ins Co
—
—
Boulgourjian Brothers Corp
—
Deed Of Trust
related
$345,000 · Cedars Bank
—
—
Boulgourjian Brothers Corp
—
Deed Of Trust
related
$440,000 · Individual
—
—
Boulgourjian Brothers Corp
—
Deed Of Trust
related
$600,000 · Individual
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1050 Palmdale Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
