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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail space
37935 47th E St Palmdale, CA 93552-3269
Individually Owned
5-yr Hold
Free & Clear
Property ID
US09-6496730
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2006
Construction
WOOD
Total area
30,547 SF
Lot
1.91 ac (83,288 SF)
Zoning code
PDC1
APN
3023-040-064
UPID
US09-6496730
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
-
Armani's Mediterranean Bakery Restaurant
-
True Care Family Dental Place Dental Office
-
Health Wealth herbalife nutrition club Ind. Dist Distribution Center Logistics Company
-
Jerry Strand - State Farm Insurance Agent Insurance Agency
-
Ms Elizabeth Beauty & Wigs Hair Salon Nail Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$730k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$605k
Owner & transaction history
George Valaskantjis · 5 yrs held
George Valaskantjis
since 2021
Last sale
$565,000
6 recorded transactions
Zoning & alternative use
PDC1 · 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
Method
Estimation
Statistic approach
$565,000
ML approach
$730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $565k (Feb 2 2021)
Last sale anchor
$565k
Feb 2 2021
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
$20 / 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
$65,945
Tax year 2024
Assessed value
$3,545,554
Assessed 2024
Previous assessed
$3,545,554
+0.0% YoY
Effective rate
1.86%
On assessed value
Assessed land
$428,414
Assessed improvement
$3,117,140
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
Off-Market
Year built
2006
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
13
Total area
30,547 SF
Lot
1.91 ac (83,288 SF)
Zoning code
PDC1
APN
3023-040-064
UPID
US09-6496730
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDC1 · Palmdale, CA
Zoning PDC1 · permitted uses
PDC1 · 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
2006
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
13
Lot
1.91 ac
Current owner
From public records · entity-resolved
George Valaskantjis
Individual
Free & Clear · 5 yrs held
Mailing address
PO BOX 580, DANA POINT, CA 92629-0580
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 2021
—
George Valaskantjis
Nikiforos Valaskantjis
Intrafamily Transfer
related
—
Jul 21, 2020
—
Valaskantjis,perry Trust
Christina K Valaskantiis
Quit Claim Deed
related
—
Mar 18, 2014
—
Valaskantjis Family Trust
Valaskantjis,nikiforos & Georgia
Quit Claim Deed
related
—
Nov 1, 2002
$565,000
Nikiforos Valaskantjis
Pearland Investments
Grant Deed
—
Oct 31, 2002
$565,000
Nikiforos Valaskantjis
Pearland Investments
Grant Deed
—
Jun 6, 1968
—
Pearland Investments
—
Grant Deed
related
—
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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