New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,055,000
Retail space
1645 Palmdale Blvd Palmdale, CA 93550-4876
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6496686
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1984
Construction
WOOD
Total area
6,240 SF
Lot
0.65 ac (28,226 SF)
Zoning code
PDC3*
APN
3015-022-034
UPID
US09-6496686
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
-
Lorocco's Restaurant Restaurant
-
Doctors Office Medical Clinic
-
Hajji Halal Meat Market and water store Grocery & Convenience Store Food Market
-
Suarez Toutoundjian Chiropractic Corp. Alternative Medicine Practice
-
The Blessing Flowers (Bike/Boat/Book/etc) Store Florist
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$694k
Blend (final)
Blend
$1.06M
Owner & transaction history
1667 E Palmdale LLC · 3 yrs held
1667 E Palmdale LLC
since 2022
7 recorded transactions
Zoning & alternative use
PDC3* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.4M
+14.6%
Industrial (general)
$1.3M
+8.4%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,190,000
Current use
AUTO REPAIR, GARAGE
$1,365,000
Change: +15% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$1,290,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$1.06M
Range $950k – $1.16M · ±10%
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
$169 / 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
$20,365
Tax year 2024
Assessed value
$883,662
Assessed 2024
Previous assessed
$883,662
+0.0% YoY
Effective rate
2.30%
On assessed value
Assessed land
$311,687
Assessed improvement
$571,975
Applied tax rate
6.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
6,240 SF
Lot
0.65 ac (28,226 SF)
Zoning code
PDC3*
APN
3015-022-034
UPID
US09-6496686
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDC3* · Palmdale, CA
Zoning PDC3* · permitted uses
PDC3* · 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
RETAIL STORES Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.4M
INDUSTRIAL (GENERAL)
Est. value
$1.3M
RETAIL STORES Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1984
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
1667 E Palmdale LLC
Entity
Free & Clear · 3 yrs held
Mailing address
9190 W OLYMPIC BLVDPMB104, BEVERLY HILLS, CA 90212-3540
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 16, 2022
—
1667 E Palmdale LLC
Blue Knight LLC
Other
—
Oct 23, 2018
$3,970,000
Blue Knight LLC
E & L Investments LLC
Trustees Deed
$2,000,000 · Velocity Com'l Cap
Jul 3, 2017
$3,430,000
E & L Investments LLC
Sussex East Palmdale LLC
Grant Deed
—
Nov 13, 2013
—
Truong,phuong T Living Trust
Truong,phuong T
Quit Claim Deed
related
—
Oct 28, 2013
—
Phuong T Truong
Van Pham,nam
Quit Claim Deed
related
—
Mar 7, 2013
—
Phuong T Truong
Pham,nam V
Grant Deed
related
—
Jan 17, 2013
—
Tran Lu & Trang Trust
Tran,lu T & Trang M
Quit Claim Deed
related
—
Sep 28, 2005
$5,700,000
Nam Van Pham
E T Palmdale LLC
Grant Deed
$3,100,000 · Pacific Capital Bank NA
Sep 28, 2005
—
Larry Nguyen
Nguyen,loan T
Quit Claim Deed
related
—
Jul 31, 2003
—
Et Palmdale LLC
Palmdale Center LLC
Quit Claim Deed
related
$1,966,250 · Evertrust Bank
Aug 28, 2002
—
Palmdale Center LLC
—
Deed Of Trust
related
$1,560,000 · United Pacific Bank
Jan 30, 1998
$1,570,000
Royal Investors Group
Ocwen Federal Bank Fsb
Grant Deed
$1,177,500 · Highland Federal Bank
—
—
Palmdale Center
—
Deed Of Trust
related
$2,090,000 · Glendale Federal 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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