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Property profile & analytics
FOR SALE
Super regional malls
1233 W Rancho Vista Blvd, Palmdale, CA 93551
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0126317
For Sale
1 / 13
$140,000
1233 W Rancho Vista Blvd, Palmdale, CA 93551
View Listing →
Property profile
Verified
Property type
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Year built
1991
Construction
STEEL FRAME
Total area
76,512 SF
Lot
5.74 ac (249,966 SF)
Zoning code
PDRA
APN
3005-038-041
UPID
US10-0126317
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.17M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.44M
Owner & transaction history
Antelope Valley Shop LLC · 3 yrs held
Antelope Valley Shop LLC
since 2022
Last sale
$11.8M
7 recorded transactions
Zoning & alternative use
PDRA · 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
$7,720,000
ML approach
$7,165,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$8.44M
Range $7.60M – $9.28M · ±10% · vs last sale $11.80M (Nov 30 2022)
Last sale anchor
$11.80M
Nov 30 2022
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
$110 / 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
$180,550
Tax year 2024
Assessed value
$12,663,368
Assessed 2024
Previous assessed
$12,663,368
+0.0% YoY
Effective rate
1.43%
On assessed value
Assessed land
$4,462,075
Assessed improvement
$8,201,293
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
Super regional malls
Use group
REGIONAL SHOPPING CENTER, MALL
Status
For Sale
Year built
1991
Construction
STEEL FRAME
Heating
NONE
Stories
1
Total area
76,512 SF
Lot
5.74 ac (249,966 SF)
Zoning code
PDRA
APN
3005-038-041
UPID
US10-0126317
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDRA · Palmdale, CA
Zoning PDRA · permitted uses
PDRA · 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
1991
Construction
STEEL FRAME
Heating
NONE
Stories
1
Lot
5.74 ac
Current owner
From public records · entity-resolved
Antelope Valley Shop LLC
Entity
Mailing address
1000 N MAIN ST36THFL, HOUSTON, TX 77002-6336
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2023
—
Antelope Valley Shop LLC
—
Deed
related
$24,000,000 · First Republic Bank
Nov 30, 2022
$11,797,000
Antelope Valley Shop LLC
Harris Avm LLC
Grant Deed
—
Oct 27, 2015
$7,822,500
Forest City Harris Avm LLC
2005-c4 Dmm Portfolio Properti
Grant Deed
—
Oct 11, 2012
$79,000,000
2005-c4 Dmm Portfolio Properti
Assured Lender Svcs INC
Trustees Deed
related
—
Sep 26, 2005
$10,557,000
Ddr Mdt Mv Palmdale LP
Mds Realty II LLC
Grant Deed
—
Oct 5, 2004
—
Mds Realty II LLC
Mervyns LLC
Grant Deed
$675,000,000 · Archon Financial LP
Mar 2, 1992
—
S Mervyn
—
Deed Of Trust
related
—
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
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