38200 E 6Th St Palmdale, CA 93550
- Retail space
- 1,517 SF
- 0.06 lot acres
Current Use by Public Records
- Ministerio Pentecostes Promesa De Vida Eterna / Religious Institution
Property Details for 38200 E 6Th St
- Year built
- 1955
- Construction
- WOOD
- Lot size
- 0.06 lot acres
- Property size
- 1,517 SF
- Zone code
- PDM1*
- Property type
- Retail space
- APN
- 3009-012-016
- APU
- 3009012016
Description
This exceptional 1,517 square foot retail property located at 38200 6th Street, Palmdale, CA presents a unique investment opportunity. Situated on a 0.06-acre lot (2,657 square feet), this bright and inviting space offers a multitude of possibilities for various business ventures. The interior is well-maintained and ready for immediate occupancy, providing a blank canvas for customization to suit individual needs. A convenient bathroom is located at the rear of the property, adding to its functionality. For enhanced security and privacy, the rear area is securely enclosed with a gate. The property's location in Palmdale ensures high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving commercial space. The asking price is $315,000, representing a compelling investment in a dynamic and growing market. This property is perfect for a variety of uses and offers a strong return on investment potential. Don't miss this chance to acquire a well-positioned retail space in a desirable location. The property's size and features make it an attractive option for both established businesses and new ventures. Its convenient location and secure design offer peace of mind and operational efficiency.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $205,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $240,000
- 7%
- $225,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $250,000
- Geo Method
- $225,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $205,000
- Mixed-Use
- $230,000
- Hospitality
- $255,000
- Educational
- $240,000
- Residential Income
- $205,000
- Energy
- $245,000
- Income-Based Land
- $235,000
- Food Service
- $225,000
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.117
- Latitude
- 34.5753
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA