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Property profile & analytics
OFF-MARKET
Estimated value
$9,095,000
Warehouses
38963 Sierra Hwy Palmdale, CA 93550-3340
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0113342
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1988
Construction
TILT-UP CONCRETE
Total area
74,379 SF
Lot
3.93 ac (171,191 SF)
Zoning code
PDM1
APN
3006-005-005
UPID
US10-0113342
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
-
SecurCare Self Storage Storage Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$12.07M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.10M
Owner & transaction history
Nsa Property Holdings LLC · 9 yrs held
Nsa Property Holdings LLC
since 2016
5 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$13,075,000
6.5%
$12,070,000
7%
$11,205,000
Blend value · Realmo final
$9.10M
Range $8.19M – $10.00M · ±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
$122 / 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
$78,444
Tax year 2024
Assessed value
$5,569,669
Assessed 2024
Previous assessed
$5,569,669
+0.0% YoY
Effective rate
1.41%
On assessed value
Assessed land
$1,670,331
Assessed improvement
$3,899,338
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
4
Stories
1
Units
9
Bathrooms
2
Total area
74,379 SF
Lot
3.93 ac (171,191 SF)
Zoning code
PDM1
APN
3006-005-005
UPID
US10-0113342
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
1988
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
4
Units
9
Bathrooms
2
Lot
3.93 ac
Current owner
From public records · entity-resolved
Nsa Property Holdings LLC
Entity
Free & Clear · 9 yrs held
Mailing address
2082 MICHELSON DR STE 212B, IRVINE, CA 92612-1212
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
Aug 4, 2016
$5,100,000
Nsa Property Holdings LLC
American Wpc Storage Multi
Grant Deed
—
Jun 30, 2011
$4,310,043
American Wpc Storage Multi LLC
Palmdale Sierra Storage Partners Ll
Grant Deed
$49,535,000 · Wells Fargo Bank NA
May 20, 2004
—
Palmdale Sierra Storage Partne
—
Deed Of Trust
related
$3,985,000 · Wells Fargo Bank
Nov 5, 1999
—
Palmdale Sierra Storage Partne
—
Grant Deed
related
$1,950,000 · City National Bank
Nov 5, 1999
$1,550,000
Palmdale Sierra Storage Partners
—
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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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