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Property profile & analytics
OFF-MARKET
Estimated value
$2,180,000
Grocery and convenience stores
17051 Ave O O, Palmdale, CA 93591-3157
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0084914
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1987
Construction
TILT-UP CONCRETE
Total area
14,004 SF
Lot
1.4 ac (61,167 SF)
Zoning code
LCRA30000*
APN
3071-026-021
UPID
US10-0084914
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.31M
Blend (final)
Blend
$2.18M
Owner & transaction history
Maida,fadel & Nojoud Trust · 10 yrs held
Maida,fadel & Nojoud Trust
since 2016
7 recorded transactions
Zoning & alternative use
LCRA30000* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$2.9M
+7.4%
Auto repair, garage
$2.9M
+6.7%
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
$2,695,000
Current use
INDUSTRIAL (GENERAL)
$2,895,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,875,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$2.18M
Range $1.96M – $2.40M · ±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
$156 / 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
$32,195
Tax year 2024
Assessed value
$2,604,347
Assessed 2024
Previous assessed
$2,604,347
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$1,121,122
Assessed improvement
$1,483,225
Applied tax rate
10.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
OTHER
Stories
1
Units
3
Total area
14,004 SF
Lot
1.4 ac (61,167 SF)
Zoning code
LCRA30000*
APN
3071-026-021
UPID
US10-0084914
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCRA30000* · Palmdale, CA
Zoning LCRA30000* · permitted uses
LCRA30000* · 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
$2.7M
INDUSTRIAL (GENERAL)
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.9M
RETAIL STORES Current
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1987
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Units
3
Lot
1.4 ac
Current owner
From public records · entity-resolved
Maida,fadel & Nojoud Trust
Trust
Mailing address
5135 RELA WAY W, LANCASTER, CA 93536-2508
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 21, 2019
—
Maida Fadel
—
Deed
related
$141,000 · Pacific City Bank
May 19, 2016
—
Maida,fadel & Nojoud Trust
F & N Real Estate Investments
Quit Claim Deed
related
—
Sep 28, 2007
—
Mobilitie Investments LLC
—
Deed Of Trust
related
$85,000,000 · Toronto Dominion Texas INC
Sep 21, 2007
$3,000,000
F & N Real Estate Invs Co
Berlund Trust
Grant Deed
$2,300,000 · Berglund Trust
Feb 22, 1995
—
Berglund Kenneth
—
Deed Of Trust
related
—
—
—
F & N Real Estate Invs INC
—
Deed Of Trust
related
$1,900,000 · Pacific City Bank
—
—
F & N Real Estate Invs INC
—
Deed Of Trust
related
$300,000 · Mojave Desert Bank
—
—
Kenneth Berglund
—
Deed Of Trust
related
$1,050,000 · Antelope Valley Federal S & L
—
—
F & N Real Estate Invs INC
—
Deed Of Trust
related
$327,000 · Wilshire State 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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