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Property profile

1233 Rancho Vis Blvd Palmdale, CA 93551

OFF-MARKET
Super regional malls
Property ID
US09-8787971
View Sample
449,135 SF 29.76 ac lot Built 1990
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity

Property summary

AI-generated overview

This exceptional retail land opportunity in Palmdale, California, presents a unique chance to establish a thriving business in a high-growth area. Located at 1233 Rancho Vista Blvd, in Los Angeles County, zip code 93551, this property offers between one and two acres of land, ideal for various retail developments. The site is designated for multiple tenancies, providing flexibility for diverse business ventures. The exact number of parking spaces is currently being determined (TBD). The property type is classified as retail land, offering significant potential for building new retail spaces. This prime location in Palmdale provides excellent visibility and accessibility, making it an attractive proposition for businesses seeking a strong foothold in a dynamic market. The property's size and zoning make it suitable for a range of retail concepts, from smaller shops to larger-scale developments. With its strategic location and development potential, this property represents a compelling investment opportunity in a thriving California community. Serious inquiries are encouraged to explore the possibilities and secure this exceptional retail land parcel. The property is available for lease.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1990
Construction STEEL FRAME
Total area 449,135 SF
Lot 29.76 ac (1,296,249 SF)
Zoning code PDRA
APN 3005-038-098
UPID US09-8787971

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store
  • Clothing Store Children'S Clothing Store
  • Clothing Store Baby Clothing Store
  • (Bike/Boat/Book/etc) Store
  • Advertising Agency

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$33.97M
Blend (final) Blend
$24.28M

Owner & transaction history

since 2022
1 recorded transaction
2022
$47.2M

Zoning & alternative use

PDRA · Palmdale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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