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Property profile & analytics
OFF-MARKET
Estimated value
$12,680,000
Warehouses
114 Grand Cypress Ave Palmdale, CA 93551-3617
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-7352779
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Construction
TILT-UP CONCRETE
Total area
69,271 SF
Lot
3.91 ac (170,202 SF)
Zoning code
PDMPD*
APN
3005-046-025
UPID
US09-7352779
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
-
Ace Hardware Spring Center Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.92M
CAP Approach
CAP
$15.10M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.68M
Owner & transaction history
Blue Hinge Holdings LLC · 4 yrs held
Blue Hinge Holdings LLC
since 2021
Last sale
$12.0M
7 recorded transactions
Zoning & alternative use
PDMPD* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$14,325,000
ML approach
$9,915,000
CAP Approach
CAP Return
Estimation
6%
$16,360,000
6.5%
$15,100,000
7%
$14,020,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$20,355,000
Current use
Blend value · Realmo final
$12.68M
Range $11.41M – $13.95M · ±10% · vs last sale $12.03M (Dec 6 2021)
Last sale anchor
$12.03M
Dec 6 2021
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
$183 / 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
$170,536
Tax year 2024
Assessed value
$12,484,800
Assessed 2024
Previous assessed
$12,484,800
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$4,369,680
Assessed improvement
$8,115,120
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
69,271 SF
Lot
3.91 ac (170,202 SF)
Zoning code
PDMPD*
APN
3005-046-025
UPID
US09-7352779
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDMPD* · Palmdale, CA
Zoning PDMPD* · permitted uses
PDMPD* · 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
WAREHOUSE, STORAGE Current
Est. value
$20.4M
WAREHOUSE, STORAGE Current
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
2005
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.91 ac
Current owner
From public records · entity-resolved
Blue Hinge Holdings LLC
Entity
Mailing address
114 GRAND CYPRESS AVE, PALMDALE, CA 93551-3617
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 12, 2022
—
Blue Hinge Holdings LLC
—
Deed
related
$3,150,000 · The Mortgage Capital Development Corp
Dec 6, 2021
$12,033,000
Blue Hinge Holdings LLC
114 Grand Cypress LLC
Grant Deed
$6,131,500 · Bank Five Nine
Aug 31, 2021
$8,880,000
114 Grand Cypress LLC
Ve Realty Holding LLC
Grant Deed
—
Mar 29, 2019
—
Ve Realty Holding LLC
—
Deed
related
$4,800,000 · Jpmorgan Chase Bank NA
Feb 27, 2019
—
Henry M Avila
Avila,nellie M
Quit Claim Deed
related
—
Oct 31, 2014
$5,761,500
Ve Realty Holding LLC
Coast United Advertising Co In
Grant Deed
$4,160,000 · Bank Of America
Oct 29, 2004
—
Coast United Advertising Co In
—
Trustees Deed
related
$4,500,000 · Preferred Bank
—
—
Coast United Advertising Co In
—
Deed Of Trust
related
$4,262,000 · Preferred Bank
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.
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