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    38463 9Th St E Palmdale, CA 93550
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    Property profile & analytics

    38463 9Th St E, Palmdale, CA 93550

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    • Retail space
    • 4,428 SF
    • 0.11 lot acres
    Prime Commercial Space in Palmdale For Lease
    $820,000

    Prime Commercial Space in Palmdale

    Well-positioned commercial property in Palmdale's expanding business district.

    38463 9th St E, Palmdale, CA 93550
    View Listing
    Property ID
    US09-7790757
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail space

    Property Details for 38463 9Th St E

    Year built
    1957
    Construction
    TILT-UP CONCRETE
    Lot size
    0.11 lot acres
    Zone code
    PDC3*
    Property type
    Retail space
    APN
    3008-034-001
    APU
    3008034001

    Description

    This exceptional 4,428 square foot commercial property, situated on a 0.11-acre lot at 38463 9th Street in the heart of Palmdale, CA, presents a compelling owner-user or investment opportunity. The building boasts a prime location just off a heavily trafficked thoroughfare, ensuring high visibility and accessibility. Currently, three tenants are operating under triple net (NNN) leases, providing a stable income stream. A corner unit is currently vacant, offering immediate potential for increased revenue through leasing or owner-occupancy. Significant improvements have recently been undertaken, enhancing the property's value and appeal. These upgrades include a complete electrical system overhaul, a new roof, a comprehensive security camera system, and fresh interior and exterior painting. The property's strong tenant base, coupled with its strategic location and recent renovations, makes it an attractive investment prospect with significant upside potential. The asking price is $860,000. This is a motivated seller situation, so serious inquiries are encouraged. Don't miss this chance to acquire a well-maintained, income-producing commercial property in a thriving Palmdale location.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      AI Estimate
      $576,000
      Market price range: $225k - $621k
    • Alternative Use

      Use
      Estimation
      RETAIL STORES
      $845,000
      Current use
      WAREHOUSE, STORAGE
      $1,300,000
      Change: +54% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $965,000
      Change: +15% Conversion: Difficult
      OFFICE BUILDING
      $865,000
      Change: +3% Conversion: Easy

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.115
    Latitude
    34.5814
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $12,002
    $147,900
    $586,500
    $734,400
    -
    $0.00
    $0.00
    $0.00
    View Listing
    More about this property
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