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Property profile & analytics
OFF-MARKET
Amusement parks
38848 25th E St Palmdale, CA 93550-3410
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0130024
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1989
Construction
WOOD
Total area
800 SF
Lot
0.69 ac (30,132 SF)
Zoning code
PDM1
APN
3022-011-006
UPID
US10-0130024
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Corti,p A & L M Fam Trust · 5 yrs held
Corti,p A & L M Fam Trust
since 2021
6 recorded transactions
Zoning & alternative use
PDM1 · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Palmdale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Palmdale submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$3,127
Tax year 2024
Assessed value
$227,330
Assessed 2024
Previous assessed
$227,330
+0.0% YoY
Effective rate
1.38%
On assessed value
Assessed land
$46,466
Assessed improvement
$180,864
Applied tax rate
7.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Total area
800 SF
Lot
0.69 ac (30,132 SF)
Zoning code
PDM1
APN
3022-011-006
UPID
US10-0130024
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM1 · Palmdale, CA
Zoning PDM1 · permitted uses
PDM1 · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Palmdale. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Bathrooms
2
Lot
0.69 ac
Current owner
From public records · entity-resolved
Corti,p A & L M Fam Trust
Trust
Free & Clear · 5 yrs held
Mailing address
17853 SANTIAGO BLVD STE #107, VILLA PARK, CA 92861-4199
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 5, 2021
—
Corti,p A & L M Fam Trust
Peter A Corti
Affidavit Of Death
related
—
Nov 3, 2010
$234,716
Corti Peter A & L M Fam Trust
Ress Financial Corp
Trustees Deed
related
—
Jul 28, 2006
$295,000
Stephanie Blackshire
Tedeski,rex & Catherine
Grant Deed
$188,000 · Val-chris Investments INC
Jul 28, 2006
—
Stephanie L Blackshire
Blackshire,gary A
Quit Claim Deed
related
—
Apr 26, 2002
$115,000
Rex Tedeski
Hernandez Trust
Grant Deed
$100,000 · California Bank & Trust
Mar 15, 2000
—
Hernandez,max & Esther S Trustee
Hernandez,m & E S
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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