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Property profile & analytics
OFF-MARKET
Estimated value
$7,805,000
Medical Office Space
38921 Trade Ctr Dr Palmdale, CA 93551-3652
Individually Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9920302
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Construction
STEEL FRAME
Total area
34,613 SF
Lot
2.27 ac (98,977 SF)
Zoning code
PDCPD*
APN
3003-002-102
UPID
US09-9920302
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
$9.93M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.81M
Owner & transaction history
Palmdale Health & Wellness Ctr · 7 yrs held
Palmdale Health & Wellness Ctr
since 2019
7 recorded transactions
Zoning & alternative use
PDCPD* · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$10,760,000
6.5%
$9,930,000
7%
$9,220,000
Blend value · Realmo final
$7.81M
Range $7.02M – $8.59M · ±10%
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
$225 / 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
$154,307
Tax year 2024
Assessed value
$9,968,502
Assessed 2024
Previous assessed
$9,968,502
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$486,778
Assessed improvement
$9,481,724
Applied tax rate
8.0000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
OTHER
Total area
34,613 SF
Lot
2.27 ac (98,977 SF)
Zoning code
PDCPD*
APN
3003-002-102
UPID
US09-9920302
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDCPD* · Palmdale, CA
Zoning PDCPD* · permitted uses
PDCPD* · 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
2020
Construction
STEEL FRAME
Heating
NONE
Cooling
Yes
Lot
2.27 ac
Current owner
From public records · entity-resolved
Palmdale Health & Wellness Ctr
Individual
Mailing address
44241 15TH ST W STE #101, LANCASTER, CA 93534-5500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2023
—
Palmdale Health & Wellness Center L
—
Deed
related
$5,000,000 · Us Metro Bank
Mar 10, 2022
—
Palmdale Health And Wellnces Center
—
Deed
related
$4,350,000 · Val Chris Investments INC
Dec 11, 2019
—
Palmdale Health & Wellness Ctr
—
Deed
related
$305,621 · Toneman Dev Corp
Aug 28, 2019
—
Palmdale Health & Wellness Ctr
—
Trustees Deed
related
$2,650,000 · Pmf Ca Reit LLC
Mar 8, 2019
—
Palmdale Health & Wellness Ctr
Rajaratnam,eugene C
Quit Claim Deed
—
Nov 20, 2017
—
Palmdale Health & Wellness Cen
—
Trustees Deed
related
$6,700,000 · City Nat'l Bk
Sep 29, 2004
$341,000
Eugene C Rajaratnam
Joanne Barr Mem Liver Transpla
Grant Deed
$170,500 · California Bank & Trust
—
—
Palmdale Health & Wellness Ctr
—
Deed Of Trust
related
$305,621 · Toneman Dev Corp
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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