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Financial
Distress signals
Property profile

190 Sierra Ct Palmdale, CA 93550

FOR LEASE
Manufacturing properties
Property ID
US09-8681934
98,385 SF 5.93 ac lot Built 1987
Last sale Jun 2025 · $13,100,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

This exceptional investment opportunity presents the Sierra Highway Plaza, a stabilized multi-tenant industrial complex located at 190 Sierra Ct, Palmdale, CA 93550. The property encompasses 89,880 square feet of rentable space across three single-story buildings situated on a 10.16-acre lot. Built in 1987 and zoned C5, the complex boasts a 93.5% occupancy rate with 93 tenants under gross leases. The diverse tenant mix includes executive office, flex, and warehouse spaces, providing a stable…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$61k
Tax billed · 2024
Assessed value$3.57M
Assessed land$614k
Assessed improvement$2.96M
Effective rate1.72%

Value estimate

· Oct 2026
$13.66M
$12.29M – $15.03M
CAP approach$17.66M
Submarket $/SF estimate$10.78M
NOI build-up
Gross scheduled income$5k
Vacancy & credit loss−$283
Operating expenses−$1k
NOI · 341,300.00% cap applied$3k

Realmo valuation models over county records and 12 qualifying comparable sales.

Recently sold

What actually traded nearby?
$207/SF
Submarket average, outlier-cleaned · 31 recorded sales of this use type
Observed band · Q1–Q3$110 – $259
Qualifying comparables12

Cap rate analysis

How does the asset earn?
341,300.00%
$3k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
PDC5
JurisdictionLOS ANGELES

Location intelligence

Which uses thrive at this corner?
Best fit: Plumbing Service
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Plumbing Service8.6
Storage Facility8.3
Furniture Store8.2

Location

190 Sierra Ct Palmdale, CA 93550
County assessor Recorded deeds · 13 transfers 12 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 12 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
39010 12th E, Palmdale, CA 93550 $750,000 Feb 2026 8,224 SF
38905 10th E, Palmdale, CA 93550-3415 $3,200,000 Mar 2024 29,204 SF
38820 3rd E, Palmdale, CA 93550-3207 $800,008 Oct 2022 8,250 SF
37803 6th E, Palmdale, CA 93550-5218 $1,200,012 Nov 2021 5,000 SF
37631 6th E, Palmdale, CA 93550 $575,000 Dec 2020 8,036 SF
1747 Ave Q, Palmdale, CA 93550-3986 $2,835,028 May 2020 34,286 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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