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Property profile & analytics
OFF-MARKET
Estimated value
$1,565,000
Auto shops
37922 Sierra Hwy Palmdale, CA 93550-5374
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0111097
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
McCormick Diesel & Brake Auto Repair Shop
-
Fleet Care Truck Service Center Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$1.57M
Owner & transaction history
Swcb Properties LLC · 1 yrs held
Swcb Properties LLC
since 2025
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
PDM2* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+41.4%
Warehouse, storage
$2.4M
+34.5%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$1,750,000
Current use
COMMERCIAL (GENERAL)
$2,470,000
Change: +41% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,350,000
Change: +35% · Conversion: Easy
INDUSTRIAL (GENERAL)
$1,655,000
Change: -5% · Conversion: Easy
OFFICE BUILDING
$1,565,000
Change: -10% · Conversion: Difficult
Blend value · Realmo final
$1.57M
Range $1.41M – $1.72M · ±10% · vs last sale $1.56M (Apr 3 2025)
Last sale anchor
$1.56M
Apr 3 2025
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
$196 / 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
$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
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
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, CA
Zoning PDM2* · permitted uses
PDM2* · 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
AUTO REPAIR, GARAGE Current
Est. value
$1.8M
COMMERCIAL (GENERAL)
Est. value
$2.5M
WAREHOUSE, STORAGE
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$1.7M
OFFICE BUILDING
Est. value
$1.6M
AUTO REPAIR, GARAGE Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
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
1981
Heating
NONE
Stories
1
Units
1
Lot
1.23 ac
Current owner
From public records · entity-resolved
Swcb Properties LLC
Entity
Mailing address
40117 18TH ST W, PALMDALE, CA 93551-3228
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2025
$1,560,000
Swcb Properties LLC
Sandra L Jones
Grant Deed
$1,253,944 · Rkb1 LLC
Dec 12, 2024
—
Sandra L Jones
—
Deed
related
$500,000 · Jones Trust
Aug 22, 2024
—
Sandra L Jones
Timothy Emil Jones
Affidavit Death Of Trustee/successor Trustee
related
—
Aug 21, 2002
—
Jones,timothy E & Sandra L Tr
Jones,t E & S L
Quit Claim Deed
related
—
Dec 13, 2000
—
Timothy E Jones
Jones,t E
Quit Claim Deed
related
—
Sep 12, 2000
$615,000
Timothy E Jones
Anderson,james A & Kathleen J
Grant Deed
$575,000 · Sun Country Bank
Apr 7, 2000
$725,480
James A Anderson
Hales,edward W & Katherine
Trustees Deed
—
Jul 6, 1994
$70,000
Edward W Hales
Anderson,james A
Grant Deed
$640,000 · Seller
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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