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Property profile & analytics
FOR SALE
Retail space
3747 East Palmdale Blvd Palmdale, CA 93550
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9890389
For Sale
1 / 10
$6,625,000
3747 East Palmdale Blvd, Palmdale, CA 93550
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Property summary
AI-generated overview
This exceptional 34-acre commercial land parcel, located at 3747 E Palmdale Blvd, Palmdale, CA 93550, presents a significant investment opportunity. Situated at a signalized intersection boasting an average daily traffic count of 34,200 vehicles, this property offers unparalleled visibility and accessibility. The land is zoned Commercial (City of Palmdale) and features two APNs: 3021-030-006 and 3021-030-007. The property's size is approximately 1,481,040 square feet and is offered at $11,848,320 ($8.00/psf) as-is, all cash. Alternatively, the property can be purchased in three separate pads: Pad 1 (20 acres, 871,200 sq ft) for $8,712,000 ($10.00/psf)
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2017
Construction
TILT-UP CONCRETE
Total area
18,900 SF
Lot
3.71 ac (161,665 SF)
Zoning code
PDC3
APN
3021-030-033
UPID
US09-9890389
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
-
Tractor Supply Co. (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.63M
CAP Approach
CAP
$4.96M
Comparable Approach
Comparable
$5.81M
Blend (final)
Blend
$6.63M
Owner & transaction history
Lakeview Ranch Properties LLC · 2 yrs held
Lakeview Ranch Properties LLC
since 2024
Last sale
$6.6M
2 recorded transactions
Zoning & alternative use
PDC3 · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$8.6M
+138.4%
Commercial (general)
$5.8M
+62.0%
Warehouse, storage
$5.6M
+54.1%
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
$6,625,000
ML approach
$6,625,000
CAP Approach
CAP Return
Estimation
6%
$5,375,000
6.5%
$4,960,000
7%
$4,610,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$8,590,000
Change: +138% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,840,000
Change: +62% · Conversion: Easy
WAREHOUSE, STORAGE
$5,555,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,130,000
Change: +15% · Conversion: Difficult
Blend value · Realmo final
$6.63M
Range $5.96M – $7.29M · ±10% · vs last sale $6.63M (Feb 2 2024)
Last sale anchor
$6.63M
Feb 2 2024
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
$351 / 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
$100,823
Tax year 2024
Assessed value
$7,161,629
Assessed 2024
Previous assessed
$7,161,629
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$4,238,971
Assessed improvement
$2,922,658
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
For Sale
Year built
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
18,900 SF
Lot
3.71 ac (161,665 SF)
Zoning code
PDC3
APN
3021-030-033
UPID
US09-9890389
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
MEDICAL BUILDING
Est. value
$8.6M
COMMERCIAL (GENERAL)
Est. value
$5.8M
WAREHOUSE, STORAGE
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.1M
MEDICAL BUILDING
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
3.71 ac
Current owner
From public records · entity-resolved
Lakeview Ranch Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
445 S D ST, PERRIS, CA 92570-2134
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2024
$6,625,000
Lakeview Ranch Properties LLC
3747 Palmdale Blvd LLC
Grant Deed
—
May 1, 2017
$613,500
Palmdale Sei LLC
American Inv & Dev Assocs LLC
Grant Deed
$4,195,000 · Farmers & Merchants Bk/ctrl Ca
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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