New search
Property profile & analytics
OFF-MARKET
Estimated value
$1,845,000
Community centers
2321 Ave S Ave, Palmdale, CA 93550-6213
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7588981
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Year built
1990
Construction
WOOD
Total area
14,134 SF
Lot
1.19 ac (51,753 SF)
Zoning code
PDR1*
APN
3019-015-018
UPID
US09-7588981
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
by Request
Blend (final)
Blend
$1.85M
Owner & transaction history
5210-11 93rd Street LLC · 20 yrs held
5210-11 93rd Street LLC
since 2005
7 recorded transactions
Zoning & alternative use
PDR1* · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$131 / 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
$52,625
Tax year 2024
Assessed value
$2,601,153
Assessed 2024
Previous assessed
$2,601,153
+0.0% YoY
Effective rate
2.02%
On assessed value
Assessed land
$571,712
Assessed improvement
$2,029,441
Applied tax rate
7.0000
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
Community centers
Use group
MINI-MALL
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Cooling
YES
Stories
1
Total area
14,134 SF
Lot
1.19 ac (51,753 SF)
Zoning code
PDR1*
APN
3019-015-018
UPID
US09-7588981
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDR1* · Palmdale, CA
Zoning PDR1* · permitted uses
PDR1* · 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
1990
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Lot
1.19 ac
Current owner
From public records · entity-resolved
5210-11 93rd Street LLC
Entity
Mailing address
1423 FLORESTA PL, PACIFIC PALISADES, CA 90272-2350
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Mar 29, 2023
—
807 809 Pacific LLC
—
Deed
related
$161,900 · Marino Giammarco
Aug 2, 2021
—
G Giovanni Giammarco
—
Deed
related
$9,750 · Marino Giammarco Etal
Dec 9, 2020
—
5210-11 93rd Street LLC
—
Deed
related
$4,800,000 · First St Bk
Nov 29, 2018
—
5210-11 93rd Street LLC
—
Grant Deed
related
$3,950,000 · Banc Of Ca NA
Nov 14, 2005
$2,293,500
5210-11 93rd Street LLC
Cp Palmdale LLC
Grant Deed
—
Nov 14, 2005
—
Cp Palmdale LLC
Cp Palmdale LLC
Quit Claim Deed
related
—
Jun 23, 1999
$3,926,000
Cp Palmdale LLC
Commerical Ventures
Trustees Deed
$2,962,500 · California Bank & Trust
May 4, 1992
$5,600,000
Commercial Ventures
—
Trustees Deed
related
—
—
—
5210-11 93rd Street LLC
—
Deed Of Trust
related
$4,800,000 · First St Bk
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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