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Property profile & analytics
OFF-MARKET
Estimated value
$2,460,000
Manufacturing properties
39457 15th E St Palmdale, CA 93550-3445
Trust Owned
16-yr Hold
~
Est. High Equity
Property ID
US10-0123867
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1966
Construction
WOOD
Total area
17,906 SF
Lot
5.22 ac (227,509 SF)
Zoning code
PDM2
APN
3022-004-023
UPID
US10-0123867
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
-
Lusk Quality Machine Products Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.22M
Comparable Approach
Comparable
$1.51M
Blend (final)
Blend
$2.46M
Owner & transaction history
Lusk Family Trust · 16 yrs held
Lusk Family Trust
since 2009
6 recorded transactions
Zoning & alternative use
PDM2 · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.9M
+5.7%
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%
$3,480,000
6.5%
$3,215,000
7%
$2,985,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,700,000
Current use
AUTO REPAIR, GARAGE
$3,910,000
Change: +6% · Conversion: Easy
OFFICE BUILDING
$3,505,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$2.46M
Range $2.21M – $2.71M · ±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
$137 / 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
$31,309
Tax year 2024
Assessed value
$2,122,312
Assessed 2024
Previous assessed
$2,122,312
+0.0% YoY
Effective rate
1.48%
On assessed value
Assessed land
$643,922
Assessed improvement
$1,478,390
Applied tax rate
7.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1966
Construction
WOOD
Heating
NONE
Buildings
5
Stories
1
Units
5
Total area
17,906 SF
Lot
5.22 ac (227,509 SF)
Zoning code
PDM2
APN
3022-004-023
UPID
US10-0123867
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM2 · Palmdale, CA
Zoning PDM2 · permitted uses
PDM2 · 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
INDUSTRIAL (GENERAL) Current
Est. value
$3.7M
AUTO REPAIR, GARAGE
Est. value
$3.9M
OFFICE BUILDING
Est. value
$3.5M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
OFFICE 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
1966
Construction
WOOD
Heating
NONE
Stories
1
Buildings
5
Units
5
Lot
5.22 ac
Current owner
From public records · entity-resolved
Lusk Family Trust
Trust
Mailing address
39457 15TH ST E, PALMDALE, CA 93550-3445
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2014
—
Ld Acquisition Co 6 LLC
—
Loan Modification
related
$390,000,000 · Suntrust Bk
Aug 25, 2009
—
Lusk Family Trust
Lusk Lloyd W Living Trust
Quit Claim Deed
related
—
Aug 18, 2004
—
Lusk,tr
Lusk,tr
Quit Claim Deed
related
$535,000 · California Bank & Trust
Jun 8, 2000
—
Lusk,helen C Trustee
Lusk,h C
Quit Claim Deed
related
—
Jun 8, 1989
$1,141,000
Lusk Glenn D
Griffin Weldon&j
Grant Deed
related
$1,120,000 · Griffin Weldon W
—
—
Ld Acquisition Co 6 LLC
—
Loan Modification
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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