Technical
Financial
Distress signals
Property profile

38450 6th E St Palmdale, CA 93550

OFF-MARKET
Auto shops
Property ID
US09-6178708
6,410 SF 0.56 ac lot Built 1953
Individually Owned 17-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional business opportunity in Palmdale, California, presents a unique chance to acquire a thriving enterprise with significant existing inventory. Located at 38450 E 6th Street, the property sits on a sizable 0.56-acre lot and includes a substantial warehouse brimming with a diverse range of merchandise. The inventory encompasses a wide selection of samples from various vendors, along with a large quantity of materials ready for immediate sale or installation. These materials include granite, ceramic tile, laminate tile, waterproof tile, carpet rolls, sinks, and faucets. The business model is two-pronged: wholesale sales of these materials and the provision of professional installation services for kitchens and bathrooms. The building itself offers convenient on-site amenities, including a combined office and kitchen area, allowing for meal preparation and efficient business management. This turnkey operation offers immediate revenue potential and a strong foundation for continued growth. The asking price for this complete business, including all inventory and fixtures, is $300,000. This represents a compelling investment opportunity in a dynamic market. The property's size and the extensive inventory provide a significant advantage for immediate profitability and future expansion. Serious inquiries are encouraged to schedule a viewing and explore this exciting prospect.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1953
Construction WOOD
Total area 6,410 SF
Lot 0.56 ac (24,437 SF)
Zoning code PDM1*
APN 3008-027-027
UPID US09-6178708

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop Vehicle Inspection Center
  • Auto Repair Shop
  • Sustainability Organization
  • (Bike/Boat/Book/etc) Store Pet Store
  • Hardware & Home Improvement Kitchen & Bath Showroom

Location

38450 6th E St Palmdale, CA 93550-3714
Palmdale metro Census 910405 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$603k
Blend (final) Blend
$300k

Owner & transaction history

since 2008
6 recorded transactions
2008
$425,000
2008
Price N/A
2007
$358,948
1999
$225,000
1969
Price N/A
1969
Price N/A

Zoning & alternative use

PDM1* · Palmdale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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