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Property profile & analytics
FOR SALE
Retail space

38262 6Th St E Palmdale, CA 93550

3,228 SF 0.16 ac lot Built 1955
Individually Owned 1-yr Hold Absentee Owner Free & Clear
Property ID
US09-8783834
Property summary
AI-generated overview

This exceptional investment opportunity is located on a highly desirable commercial corridor in Palmdale, California. The property features a 3,228 square foot retail building comprised of four independently metered units, providing flexibility and potential for diverse tenant occupancy. The 0.16-acre lot (approximately 7,000 square feet) offers ample on-site parking, ensuring convenient loading and unloading for tenants and customers. Recent upgrades include the installation of energy-efficient mini-split air conditioners in each unit, contributing to lower operating costs and enhanced tenant comfort. The property's numerous upgrades translate into a high-yielding, low-maintenance investment, minimizing ongoing expenses for the new owner. This is an ideal opportunity for investors seeking a stable and profitable addition to their portfolio. The property's prime location and modern amenities make it an attractive proposition for a variety of retail businesses. The independently metered units allow for efficient utility management and potential for increased rental income. The ample parking significantly enhances the property's appeal to both tenants and customers. This turnkey investment is ready for immediate occupancy and offers a strong return on investment. Don't miss this chance to acquire a valuable commercial property in a thriving Palmdale location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1955
Construction WOOD
Total area 3,228 SF
Lot 0.16 ac (6,983 SF)
Zoning code PDM1*
APN 3009-013-010
UPID US09-8783834
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
  • Walker Business Services Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
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by Request
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Arthur R Collier · 1 yrs held
Arthur R Collier
since 2024
Last sale
$375,000
3 recorded transactions
2024
Price N/A
2015
Price N/A
2015
$375,000
Zoning & alternative use
PDM1* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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