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Property profile & analytics
OFF-MARKET
Estimated value
$17,735,000
Warehouses
38910 30th E St Palmdale, CA 93550-3101
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-6971418
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1985
Construction
TILT-UP CONCRETE
Total area
76,609 SF
Lot
3.61 ac (157,211 SF)
Zoning code
PDM2
APN
3022-010-052
UPID
US09-6971418
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
Current use
Occupant on record · Public records
-
Extra Space Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$16.70M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.74M
Owner & transaction history
Trea Sp IV Palmdale Ca LLC · 4 yrs held
Trea Sp IV Palmdale Ca LLC
since 2021
Last sale
$17.0M
6 recorded transactions
Zoning & alternative use
PDM2 · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$23.7M
+5.2%
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
Method
Estimation
Statistic approach
$20,235,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$18,090,000
6.5%
$16,700,000
7%
$15,505,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$22,510,000
Current use
COMMERCIAL (GENERAL)
$23,670,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$17.74M
Range $15.96M – $19.51M · ±10% · vs last sale $17.00M (Dec 14 2021)
Last sale anchor
$17.00M
Dec 14 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$232 / SF
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
$213,329
Tax year 2024
Assessed value
$17,062,560
Assessed 2024
Previous assessed
$17,062,560
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$1,456,560
Assessed improvement
$15,606,000
Applied tax rate
11.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
1
Bathrooms
2
Total area
76,609 SF
Lot
3.61 ac (157,211 SF)
Zoning code
PDM2
APN
3022-010-052
UPID
US09-6971418
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM2 · Palmdale, CA
Zoning PDM2 · permitted uses
PDM2 · 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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$22.5M
COMMERCIAL (GENERAL)
Est. value
$23.7M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1985
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
1
Bathrooms
2
Lot
3.61 ac
Current owner
From public records · entity-resolved
Trea Sp IV Palmdale Ca LLC
Entity
Mailing address
PO BOX 800729, DALLAS, TX 75380-0729
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
Dec 14, 2021
$17,000,000
Trea Sp IV Palmdale Ca LLC
Stor It Palmdale LLC
Grant Deed
—
Nov 10, 2020
$8,000,000
Stor It Palmdale LLC
Palmdale Nelson III LLC
Grant Deed
$4,500,000 · Suncrest Bank
Nov 10, 2020
—
Palmdale Nelson III LLC
Palmdale Of Nelson III
Quitclaim Deed
related
—
Aug 13, 2013
—
Palmdale Nelson III LLC
Palmdale Nelson III LLC
Quit Claim Deed
related
$1,900,000 · Standard Insurance Co
Aug 17, 1998
—
Palmdale Nelson III LLC
—
Deed Of Trust
related
$1,880,000 · Belgravia Capital Corp
—
—
Palmdale Nelson III LLC
—
Deed Of Trust
related
$2,000,000 · Sun Life Ins & Annuity Co New
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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