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Property profile & analytics
OFF-MARKET
Estimated value
$23,745,000
Motels
39428 Trade Ctr Dr, Palmdale, CA 93551-3777
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-6586191
Property profile
Verified
Property type
Motels
Use group
MOTEL
Year built
2005
Construction
WOOD
Total area
47,224 SF
Lot
2.1 ac (91,342 SF)
Zoning code
PDCPD*
APN
3003-001-061
UPID
US09-6586191
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
-
Hampton Inn & Suites Palmdale Hotel & Motel
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$23.80M
Blend (final)
Blend
$23.75M
Owner & transaction history
Ocbw LLC · 3 yrs held
Ocbw LLC
since 2023
Last sale
$25.4M
4 recorded transactions
Zoning & alternative use
PDCPD* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$30.8M
+54.7%
Medical building
$21.5M
+8.0%
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
$20,475,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
HOTEL/MOTEL
$19,880,000
Current use
RESTAURANT
$30,750,000
Change: +55% · Conversion: Difficult
MEDICAL BUILDING
$21,465,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$23.75M
Range $21.37M – $26.12M · ±10% · vs last sale $25.35M (Jun 21 2023)
Last sale anchor
$25.35M
Jun 21 2023
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
$503 / 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
$198,459
Tax year 2024
Assessed value
$13,052,858
Assessed 2024
Previous assessed
$13,052,858
+0.0% YoY
Effective rate
1.52%
On assessed value
Assessed land
$1,379,570
Assessed improvement
$11,673,288
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
Motels
Use group
MOTEL
Status
Off-Market
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Units
85
Total area
47,224 SF
Lot
2.1 ac (91,342 SF)
Zoning code
PDCPD*
APN
3003-001-061
UPID
US09-6586191
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.
Alternative use value scenarios
Repositioning upside vs current use
HOTEL/MOTEL Current
Est. value
$19.9M
RESTAURANT
Est. value
$30.8M
MEDICAL BUILDING
Est. value
$21.5M
HOTEL/MOTEL Current
RESTAURANT
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2005
Construction
WOOD
Heating
NONE
Stories
1
Units
85
Lot
2.1 ac
Current owner
From public records · entity-resolved
Ocbw LLC
Entity
Mailing address
39428 S TRADE CTR DR APT #1, PALMDALE, CA 93551-3777
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 21, 2023
$25,350,000
Ocbw LLC
Castleblack Palmdale Owner LLC
Grant Deed
$4,500,000 · New Omni Bank NA
Aug 7, 2014
$9,011,500
Castleblack Palmdale Owner LLC
K Partners Palmdale LP
Grant Deed
$190,000,000 · German American Cap
Feb 22, 2010
—
K Partners LP
—
Deed Of Trust
related
$7,000,000 · Standard Insurance Co
Aug 1, 2005
—
K Partners Palmdale
—
Deed Of Trust
related
$7,000,000 · Standard Insurance Co
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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