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Property profile & analytics
OFF-MARKET
Estimated value
$1,170,000
Turn key restaurants
1205 Rancho Vis Blvd Palmdale, CA 93551-3946
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7940860
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2005
Construction
WOOD
Total area
6,687 SF
Lot
1.31 ac (57,114 SF)
Zoning code
POC4
APN
3005-038-079
UPID
US09-7940860
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
-
Pier 88 Boiling Seafood & Bar Palmdale Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.17M
Owner & transaction history
1205 Palmdale LLC · 5 yrs held
1205 Palmdale LLC
since 2021
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
POC4 · 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
$1,140,000
ML approach
$1,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.17M
Range $1.05M – $1.29M · ±10% · vs last sale $1.22M (May 7 2021)
Last sale anchor
$1.22M
May 7 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
$175 / 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
$42,381
Tax year 2024
Assessed value
$1,294,673
Assessed 2024
Previous assessed
$1,294,673
+0.0% YoY
Effective rate
3.27%
On assessed value
Assessed land
$976,311
Assessed improvement
$318,362
Applied tax rate
17.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,687 SF
Lot
1.31 ac (57,114 SF)
Zoning code
POC4
APN
3005-038-079
UPID
US09-7940860
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
POC4 · Palmdale, CA
Zoning POC4 · permitted uses
POC4 · 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.
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.31 ac
Current owner
From public records · entity-resolved
1205 Palmdale LLC
Entity
Mailing address
2621 N 173RD ST, OMAHA, NE 68116-2752
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 7, 2021
$1,220,000
1205 Palmdale LLC
Handcuffs 4 Wings INC
Grant Deed
—
May 6, 2021
$850,000
Handcuffs 4 Wings INC
Maverick Decatur Georgia
Grant Deed
—
Jun 3, 2016
—
Maverick Decatur Georgia LLC
—
Deed
related
—
Oct 8, 2014
$1,400,000
Maverick Decatur Georgia LLC
Queen City Investments INC
Grant Deed
$450,000 · Farmers & Merchants Bk/lng Bch
Sep 18, 2014
—
Maverick Decatur Georgia LLC
Sas Family Trust
Quit Claim Deed
—
Sep 16, 2014
—
Queen City Investments INC
1450 Locust LLC
Quit Claim Deed
—
Mar 4, 2011
$1,625,000
1450 Locust LLC
11622 Carmel Valley LLC
Grant Deed
—
Sep 21, 2010
$1,537,849
11622 Carmel Valley LLC
Chicago Title Co
Trustees Deed
related
—
Dec 7, 2009
$100,000
Lcgi Mtg Fund LLC
Standard Trust Deed Svc Co
Trustees Deed
related
—
—
—
Desertbreck
—
Deed Of Trust
related
$685,000 · Lafayette Capital Group INC
—
—
Maverick Decatur Georgia LLC
—
Deed Of Trust
related
—
—
—
Desertbreck
—
Deed Of Trust
related
$3,700,000 · Vineyard 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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