Entity Owned Property summary
This exceptional investment opportunity presents a 58,652 square foot retail property in Palmdale, California, currently 100% occupied by a Smart & Final grocery store and a Barnes & Noble bookstore. The property, part of the Palmdale Marketplace, boasts a strong 7.25% cap rate and a substantial net operating income (NOI) of $1,028,523. Both tenants enjoy long-term leases; Smart & Final recently extended their lease for 12 years (2022), and Barnes & Noble for 10 years (2024). The Barnes &… Noble location is a top performer, ranking first within a 30-mile radius and in the 83rd percentile company-wide in customer visits. The property benefits from its strategic location adjacent to Highway 14 and 10th Street West, a major retail corridor with high daily traffic counts. The surrounding area features a robust population and strong average household incomes, further enhancing the property's value. The center also benefits from the presence of other national anchor tenants, including Target and Lowe's, creating a synergistic retail environment. Built in 2000, this 4.09-acre property offers a secure and profitable investment opportunity with a proven track record of success. The asking price is $14,195,000, translating to $242.02 per square foot. The property's APN is 3003-085-022.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. In the full report.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with the full report.
Mortgages
Recorded lenders, amounts and estimated maturities of the owner's loan book — in the full report.
Property tax · 2024
Value estimate
· Sep 2026No data for this sectionNo value estimate could be modeled: the record carries too little market input for this parcel.
Recently sold
Cap rate analysis
No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar Nearby for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $99/month
- GBA
- 61,883 SF
- Lot area
- 4.1 ac
- Year built
- 1999
- Stories
- 1
- APN
- 3003-085-022
- Zoning
- PDMPD*
- Assessed value · 2024
- $14,225,388
- Annual tax · 2024
- $219,457
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with the full report for this property - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
The mortgage data is behind the paid report: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- Ownership
- Owner Contacts
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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- Local Zoning Insight
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- Local Zoning Insight
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- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Location Insight
- Alternative use
- Local Zoning Insight
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