Property profile

3747 East Palmdale Blvd Palmdale, CA 93550

FOR SALE
Retail space
Property ID
US09-9890389
18,900 SF 3.71 ac lot Built 2017
Entity Owned 2-yr Hold Absentee Owner Free & Clear
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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

Current use

Occupant on record · Public records
  • (Bike/Boat/Book/etc) Store Pet Store & Service

Location

3747 East Palmdale Blvd Palmdale, CA 93550
Palmdale metro Census 910601 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2024
Last sale
$6.6M
2 recorded transactions
2024
$6.6M
2017
$613,500

Zoning & alternative use

PDC3 · Palmdale, CA
Top alternative use upside
Medical building $8.6M +138.4%
Commercial (general) $5.8M +62.0%
Warehouse, storage $5.6M +54.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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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?”
More about this property
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