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Property profile & analytics
OFF-MARKET
Car washes
38935 5th W St Palmdale, CA 93551-3725
Entity Owned
9-yr Hold
Free & Clear
Property ID
US10-0112410
Property profile
Verified
Property type
Car washes
Use group
CAR WASH
Year built
1994
Construction
WOOD
Total area
13,059 SF
Lot
1.33 ac (58,022 SF)
Zoning code
PDMX
APN
3003-080-003
UPID
US10-0112410
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
-
Av Car Wash Car Wash
-
A.V Car Wash Inc Car Wash
-
Cal 20 Car Wash
-
CAL20 Gas Station & Car Wash Car Wash
-
Valvoline Express Care Auto Repair Shop
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
Channel Island Properties LLC · 9 yrs held
Channel Island Properties LLC
since 2016
5 recorded transactions
Zoning & alternative use
PDMX · 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
$24,876
Tax year 2024
Assessed value
$1,177,648
Assessed 2024
Previous assessed
$1,177,648
+0.0% YoY
Effective rate
2.11%
On assessed value
Assessed land
$716,830
Assessed improvement
$460,818
Applied tax rate
14.0000
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
Car washes
Use group
CAR WASH
Status
Off-Market
Year built
1994
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
13,059 SF
Lot
1.33 ac (58,022 SF)
Zoning code
PDMX
APN
3003-080-003
UPID
US10-0112410
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDMX · Palmdale, CA
Zoning PDMX · permitted uses
PDMX · 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
1994
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
1.33 ac
Current owner
From public records · entity-resolved
Channel Island Properties LLC
Entity
Free & Clear · 9 yrs held
Mailing address
PO BOX 260500, ENCINO, CA 91426-0500
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 1, 2016
—
Channel Island Properties LLC
Jsd Palmdale Property LLC
Grant Deed
—
Jul 27, 2007
$1,620,000
Jsd Palmdale Property LLC
Car Wash Of Av Auto Mall INC
Grant Deed
$1,490,000 · Car Wash/av Auto Mall INC
Aug 16, 1993
—
Car,wash A V Auto Mall INC
Fein,sidney & No
Grant Deed
$1,190,000 · Western Bank
Jun 1, 1992
—
Normandy Properties INC
—
Deed Of Trust
related
—
Dec 10, 1991
$300,000
Normandy Properties INC
—
Grant 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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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