38262 6th E St Palmdale, CA 93550-4635
- Retail space
- 3,228 SF
- 0.16 lot acres
Current Use by Public Records
- Walker Business Services / Tax Preparation
Property Details for 38262 6th E St
- Year built
- 1955
- Construction
- WOOD
- Lot size
- 0.16 lot acres
- Property size
- 3,228 SF
- Zone code
- PDM1*
- Property type
- Retail space
- APN
- 3009-013-010
- APU
- 3009013010
Description
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.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $375,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $380,000
- 6.5%
- $365,000
- 7%
- $385,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $420,000
- Geo Method
- $375,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $395,000
- Retail
- $380,000
- Mixed-Use
- $370,000
- Hospitality
- $420,000
- Educational
- $390,000
- Residential Income
- $335,000
- Energy
- $365,000
- Income-Based Land
- $415,000
- Food Service
- $335,000
Location Insight
- Map
- Local Demand
- City
- Palmdale
- County
- Los Angeles
- State
- California
- Longitude
- -118.118
- Latitude
- 34.577
- CBSA code
- 31080
- CBSA name
- LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
