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    38543 10Th St Palmdale, CA 93550
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    Property profile & analytics

    38543 10Th St Palmdale, CA 93550

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    • Commercial real estate
    Off-Market
    Property ID
    US09-6607183
    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

    • Commercial real estate

    Property Details for 38543 10Th St

    Property type
    Commercial real estate

    Description

    This exceptional 46,635 sq ft land parcel in Palmdale, CA (93550), presents a unique redevelopment opportunity. Zoned PDC2, it's fully entitled and approved for a 50-unit multifamily development. Located at 38543 10th St E, this 1.07-acre site (9 parcels: APNs 3008-038-011, 012, 013, 015, 019, 034, 035, 036, 037) is situated in an opportunity zone and boasts exceptional accessibility. Its proximity to the upcoming high-speed rail station, the 14 Freeway, Sierra Highway, Palmdale Blvd, and City Hall ensures high visibility and convenient access for future residents. The area also offers nearby amenities such as Desert Sand Park. Three rail services and one freight line will serve the site, including two for the California High-Speed Rail and one for the Brightline West/High Desert Corridor. This presents a rare chance to capitalize on Palmdale's significant growth potential. Renderings of the Palmdale High-Speed Rail Station are available. Asking price: $2,400,000.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.1122123
    Latitude
    34.5827973

    Comparable in this City

    • $1,649,000
      78,400 SF

      Entitled Land Opportunity in Palmdale

      1.8-acre entitled land for 50-unit luxury apartment community.
      38313 6Th St E, Palmdale, CA 93550
      View Details
    • $625,000

      Well-Maintained Duplex with Upside Potential

      Single-story duplex with 3 beds, 2 baths per unit.
      38726 4Th St East, Palmdale, CA 93550
      View Details
    • $395,000
      1,176 SF

      Remodeled Duplex in East Palmdale

      Turnkey investment opportunity with low maintenance and excellent cash flow.
      38833 Rambler Ave, Palmdale, CA 93550
      View Details
    • Contact for pricing
      3,771 SF

      Two Palmdale Fourplexes

      Two adjacent fourplexes in Palmdale, built in 1990.
      38457 10Th Pl E, Palmdale, CA 93550
      View Details
    • $72,500
      1.03 Acres

      Palmdale Residential Land Parcel

      Prime 1-acre lot, Palmdale, CA. Build your dream!
      0 Palmdale Blvd / 55 St, Singing Springs, CA 93550
      View Details

    Similar Nearby for Sale

    • $1,649,000
      78,400 SF

      Entitled Land Opportunity in Palmdale

      1.8-acre entitled land for 50-unit luxury apartment community.
      38313 6Th St E, Palmdale, CA 93550
      View Details
    • $395,000
      1,176 SF

      Remodeled Duplex in East Palmdale

      Turnkey investment opportunity with low maintenance and excellent cash flow.
      38833 Rambler Ave, Palmdale, CA 93550
      View Details
    • $625,000

      Well-Maintained Duplex with Upside Potential

      Single-story duplex with 3 beds, 2 baths per unit.
      38726 4Th St East, Palmdale, CA 93550
      View Details
    • Contact for pricing
      3,771 SF

      Two Palmdale Fourplexes

      Two adjacent fourplexes in Palmdale, built in 1990.
      38457 10Th Pl E, Palmdale, CA 93550
      View Details
    • $72,500
      1.03 Acres

      Palmdale Residential Land Parcel

      Prime 1-acre lot, Palmdale, CA. Build your dream!
      0 Palmdale Blvd / 55 St, Singing Springs, CA 93550
      View Details

    Similar Nearby for Lease

    • $29 SF/Yr

      202 E Palmdale Blvd

      6-Bay Auto Shop Next to In-N-Out 202 E Palmdale Blvd
      202 E Palmdale Blvd, Palmdale, CA 93550
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    • $1.00 SF/Yr

      SIERRA HIGHWAY BUSINESS PLAZA FOR OFFICES, FLEX

      Sierra Highway Plaza
      190 Sierra Ct, Palmdale, CA 93550
      View Details
    • Contact for pricing

      Antelope Valley Industrial Buildings

      State-of-the-art industrial buildings available for rent.
      M NE Of Sierra Hwy And Ave E, Palmdale, CA 93550
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    • Contact for pricing

      Retail Spaces Available For Rent

      Retail spaces available, ranging from 1,878 to 3,200 SqFt.
      2007 E Palmdale Blvd, Palmdale, CA 93550
      View Details
    • Contact for pricing

      Retail Spaces on Palmdale Boulevard

      Retail spaces available in a high-traffic location.
      2553 E Palmdale Blvd, Palmdale, CA 93550
      View Details
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    38543 10Th St
    Palmdale, CA 93550
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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    38543 10Th St, Palmdale, CA, 93550
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