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Property profile & analytics
OFF-MARKET Estimated value $2,625,000
Office buildings

1543 Palmdale Blvd Palmdale, CA 93550-2000

15,588 SF 0.61 ac lot Built 1987
Entity Owned 10-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-7485917
Property summary
AI-generated overview

Roy Business Park, located at 1543 E Palmdale Blvd, Palmdale, CA 93550, offers a final remaining suite of executive office space. This Class B building, constructed in 1987, totals 15,588 square feet and sits on a 26,716 square foot lot in Los Angeles County. The property features five total suites, with a minimum divisible space of 146 square feet and a maximum contiguous space of 1,964 square feet. Currently, 4,100 square feet of vacant space is available for lease. The building includes elevators and ample onsite parking. Its strategic location just east of the 14 Freeway on Palmdale Blvd (Highway 138) provides convenient access to Antelope Valley College, Vallarta Supermarket, WSS, Starbucks, Subway, and numerous other retail and dining options. Furthermore, its proximity to Palmdale Regional Airport, Antelope Valley Mall, and Palmdale Regional Medical Center makes it an attractive location for businesses serving the Antelope Valley community. This is a rare opportunity to secure office space in a well-situated business park with excellent amenities and accessibility.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1987
Construction WOOD
Total area 15,588 SF
Lot 0.61 ac (26,731 SF)
Zoning code PDC3*
APN 3015-022-014
UPID US09-7485917
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
  • Andre Kanarki, DDS Dental Office
  • Roy Medical Group Medical Clinic
  • Forward Insurance Services Insurance Agency
  • Los Angeles Training Institute for Alcohol & Drug Counseling Vocational School Training Center
  • Leib Law Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.52M
Blend (final) Blend
$2.63M
Owner & transaction history
Roy Medical Group INC · 10 yrs held
Roy Medical Group INC
since 2016
5 recorded transactions
2024
Price N/A
2019
Price N/A
2016
$4.9M
2008
$4.7M
1969
Price N/A
Zoning & alternative use
PDC3* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $3.4M +11.6%
Industrial (general) $3.2M +5.5%
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