Entity Owned Property summary
AI-generated overview
This 8,000-square-foot industrial building in Palmdale, CA, sits on a 3.22-acre lot with 356 feet of Sierra Highway frontage and two curb cuts. The single-story, Class B building, constructed in 1981, features 20-foot ceilings, six 16' x 14' grade-level doors, and a 400-amp, 3-phase, 4-wire electrical panel. The property includes a front office area with an open showroom, four private offices, and three restrooms. A separate parts room with a 10' x 10' grade-level door and loft storage is also available. The fenced and partially paved lot offers ample space for expansion or outdoor storage. Located in an Opportunity Zone with HI (Heavy Industrial) zoning, this property provides excellent visibility and convenient access to major highways and transportation routes. The asking price is $1,500,000, translating to $187.50 per square foot. The property's APN is 3010-024-033 & 034. This is a single-tenant, owner-user, value-add investment opportunity.
Property profile
Verified
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Year built
1981
Total area
8,000 SF
Lot
1.23 ac (53,400 SF)
Zoning code
PDM2*
APN
3010-024-033
UPID
US10-0111097
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
-
Auto Repair Shop
-
Auto Repair Shop
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$2.20M
Owner & transaction history
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
PDM2* · Palmdale, CA
Top alternative use upside
Commercial (general)
$2.5M
+41.4%
Warehouse, storage
$2.4M
+34.5%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 16 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$2.20M
Value range
$1.98M – $2.42M
±10% around blend
Estimated value / SF
$275 / SF
Confidence
High
16 county-verified comps
Property data
100
Market benchmarks
100
Comparable evidence
100
$1.98M
blend $2.20M
$2.42M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,000 SF
Lot area
1.23 ac
Year built
1981
Stories
1
APN
3010-024-033
Zoning
PDM2*
Assessed value
$613,060
Annual tax
$11,301
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$2.21M
Weighted, 16 comps · high confidence
Evidence
16 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
7.8 mi away · 8,315 SF
8.0 mi away · 7,636 SF
29.0 mi away · 6,048 SF
31.4 mi away · 6,009 SF
32.6 mi away · 9,235 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$2.20M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 20 sales
$218
+26%
Submarket 26 sales
$205
+34%
County 1322 sales
$463
-41%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $275/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+41%
vs current-use indication
Warehouse, Storage
Auto Repair, Garage · current use
Industrial (general)
Office Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 16 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.56M
Move the market yield to see immediate price impact.
Value / SF
$195
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$98k
$1.97M
$1.40M
$1.09M
$109k
$2.18M
$1.56M
$1.21M
$120k
$2.40M
$1.72M
$1.33M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
16 found
High confidence · county-verified
Closest comparable
$1.10M
5.5 mi · Mar 2026 · $153/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$11,301
Tax year 2024
Assessed value
$613,060
Assessed 2024
Previous assessed
$613,060
+0.0% YoY
Effective rate
1.84%
On assessed value
Assessed land
$206,813
Assessed improvement
$406,247
Applied tax rate
6.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Auto shops
Use group
AUTO REPAIR, GARAGE
Status
Off-Market
Year built
1981
Heating
NONE
Stories
1
Units
1
Total area
8,000 SF
Lot
1.23 ac (53,400 SF)
Zoning code
PDM2*
APN
3010-024-033
UPID
US10-0111097
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM2* · Palmdale, CAZoning PDM2* · permitted uses
PDM2* · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Heating
NONE
Stories
1
Units
1
Lot
1.23 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PDM2*
Jurisdiction
Palmdale, CA
Recorded code
PDM2*
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PDM2* in Palmdale, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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