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    39360 3rd E St Palmdale, CA 93550-3255
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    Property profile & analytics

    39360 3rd E St Palmdale, CA 93550-3255

    View on Map
    • Warehouses
    • 5,456 SF
    • 0.15 lot acres
    Off-Market
    Last Sale Dec 29, 2021
    $2,200,022
    Property ID
    US09-6496769
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $2,340,000
    Show details
    Cap Rate Potential
    3%
    Warehouses
    Location Intelligence

    Current Use by Public Records

    • A V Boxing Club / Gym & Fitness Center / Sports School
    • Winnell Warehousing Complex / Business Service Center / Corporate Office
    • Worldly Treasures Auctions / Trade Show Venue / (Bike/Boat/Book/etc) Store
    • Prime Engineering / Industrial Manufacturer / Production Facility
    • Worldly Treasures Liquidators / Consultant

    Property Details for 39360 3rd E St

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    0.15 lot acres
    Property size
    5,456 SF
    Zone code
    PDC5
    Property type
    Warehouses
    APN
    3006-004-064
    APU
    3006004064

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $2,620,000
      ML approach
      $2,530,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,152,000
      Market price range: $935k - $2.57M

    • Alternative Use

      Use
      Estimation
      WAREHOUSE, STORAGE
      $1,605,000
      Current use
      RESTAURANT
      $3,555,000
      Change: +122% Conversion: Difficult
      MEDICAL BUILDING
      $2,480,000
      Change: +55% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $1,685,000
      Change: +5% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.125
    Latitude
    34.5979
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,474
    $177,908
    $431,766
    $609,674
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,460,000
      8,816 SF

      632 Rancho Vis Blvd

      WAREHOUSE, STORAGE • 8,816 SF
      632 Rancho Vis Blvd, Palmdale, CA 93550-3001
      View Details
    • Value Estimation
      $8,255,000
      87,903 SF

      37560 Sierra Hwy

      MINI-WAREHOUSE, STORAGE • 87,903 SF
      37560 Sierra Hwy, Palmdale, CA 93550-9366
      View Details
    • Value Estimation
      $4,220,000
      38,211 SF

      602 Ave R R

      WAREHOUSE, STORAGE • 38,211 SF
      602 Ave R R, Palmdale, CA 93550-4641
      View Details
    • Value Estimation
      $680,000
      13,627 SF

      826 Ave R R

      WAREHOUSE, STORAGE • 13,627 SF
      826 Ave R R, Palmdale, CA 93550-4629
      View Details
    • Value Estimation
      $1,915,000
      13,432 SF

      520 Rancho Vis Blvd

      WAREHOUSE, STORAGE • 13,432 SF
      520 Rancho Vis Blvd, Palmdale, CA 93550-3005
      View Details
    • Value Estimation
      $1,070,000
      9,090 SF

      37925 Sierra Hwy

      WAREHOUSE, STORAGE • 9,090 SF
      37925 Sierra Hwy, Palmdale, CA 93550-1965
      View Details

    Similar Nearby for Sale

    • $1,616,175
      9,795 SF

      Palmdale Winnell Warehousing Complex

      9,795 SF warehouse with 18' clear height for sale.
      39360 3Rd St E, Palmdale, CA 93550
      View Details
    • $180,000
      1.00 Acre

      Palmdale Land with Development Potential

      Two adjacent parcels totaling 43,449 sq ft in Palmdale, CA.
      Sierra Hwy, Palmdale, CA 93550
      View Details
    • Contact for pricing
      8,320 SF

      Palmdale Mixed-Use Industrial Building

      8,320 SF mixed-use building in Palmdale Industrial Park.
      608 E Rancho Vista Blvd, Palmdale, CA 93550
      View Details
    • Contact for pricing
      380,410 SF

      Palmdale Industrial Building For Sale

      380,410 SF industrial building available for sale or lease.
      39415 8Th St E, Palmdale, CA 93550
      View Details
    • $950,000
      1,500 SF

      Established Glass Business Opportunity

      Reputable glass business serving residential and commercial clients since 2000.
      39450 E 3Rd St, Palmdale, CA 93550
      View Details
    • $119,000
      42,596.00 Acres

      Palmdale Land Near Amenities

      Corner lot near schools, shopping, and public transportation.
      Avenue Q E, Palmdale, CA 93550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,738 SF

      Palmdale Warehouse with Gated Yard

      Warehouse with concrete yard in a quiet Palmdale cul-de-sac.
      41338 12Th St W, Palmdale, CA 93550
      View Details
    • Contact for pricing
      3,804,895 SF

      9.4 Million SF Industrial Park

      Industrial business park with 32'-42' clear height and ESFR sprinklers.
      93550 Usa, Palmdale, CA 93550
      View Details
    • Contact for pricing
      703,140 SF

      Palmdale Industrial Distribution Space

      New industrial/distribution park with highway access and ample parking.
      W Avenue M, Palmdale, CA 93550
      View Details
    • Contact for pricing
      1,004,880 SF

      Industrial Distribution Park with Highway Access

      New industrial/distribution park with direct highway access and high visibility.
      E Avenue M, Palmdale, CA 93550
      View Details
    • Contact for pricing
      716,930 SF

      Palmdale Industrial/Distribution Space Available

      New industrial/distribution park with highway access and ample parking.
      W Avenue M, Palmdale, CA 93550
      View Details
    • Contact for pricing
      142,940 SF

      Palmdale Industrial/Distribution Space Available

      New industrial/distribution park with highway access and high visibility.
      E Avenue M, Palmdale, CA 93550
      View Details
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    Palmdale, CA 93550-3255
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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