Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    39531 15th E St Palmdale, CA 93550-3447
    Back to Search
    Property profile & analytics

    39531 15th E St, Palmdale, CA 93550-3447

    View on Map
    • Industrial properties
    • 15,541 SF
    • 9.20 lot acres
    Off-Market
    Last Sale Aug 16, 2021
    Property ID
    US09-8783822
    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
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial properties

    Property Details for 39531 15th E St

    Year built
    1972
    Construction
    WOOD
    Lot size
    9.20 lot acres
    Zone code
    PDM2
    Property type
    Industrial properties
    APN
    3022-004-035
    APU
    3022004035

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Aug 16, 2021 — Dark Horse Properties Ep LLC Stephen A Young Grant Deed —
    Apr 19, 2021 — Jason A Young Stephen A Young Intrafamily Transfer · related —
    Mar 8, 2021 — Stephen A Young Dark Horse Properties LLC Grant Deed —
    Nov 9, 2012 $685,000 Dark Horse Properties LLC Mullin Reilley 2002 Trust Grant Deed —
    Nov 24, 2008 — Mullin Reilley 2002 Trust Mullin Russell B Trust Quit Claim Deed · related —
    Oct 12, 2007 — Mullin Russell B Trust Mullin,russell B II Affidavit Of Death · related —
    Jul 25, 2007 — Mullin Russell B Trust Mullin R & M E Fam Trust Quit Claim Deed · related —
    Sep 17, 2003 — Mullin,tr Mullin,russell B Quit Claim Deed · related —
    Jun 26, 2000 $1,080,000 Russell B Mullin II — Grant Deed · related —
    Jan 6, 2000 — Terry Industries Tarzana,lumber Grant Deed · related —
    Apr 7, 1995 $1,000,000 Tarzana Lumber Co Patricia Corporation Grant Deed —
    Nov 14, 1989 $7,300 Vonne Amanda Corp Unknown Grant Deed —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.104
    Latitude
    34.6011
    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
    $16,794
    $410,471
    $416,506
    $826,977
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      380,410 SF

      39415 8Th St

      Distribution properties
      39415 8Th St, Palmdale, CA 93550
      View Details
    • Value Estimation by Request
      11.51 Acres

      41900 Sierra Hwy

      Land
      41900 Sierra Hwy, Palmdale, CA 93550
      View Details
    • Value Estimation by Request
      5.00 Acres

      30Th St

      Land
      0 30Th St, Palmdale, CA 93550
      View Details
    • Value Estimation by Request
      0.84 Acres

      Cor 10th Ave Ste P

      INDUSTRIAL (GENERAL)
      Cor 10th Ave Ste P, Palmdale, CA 93550
      View Details
    • Value Estimation
      $1,120,000
      48,000 SF

      39530 12th E St

      LUMBERYARD, BUILDING MATERIALS
      39530 12th E St, Palmdale, CA 93550-3418
      View Details
    • Value Estimation by Request
      20.45 Acres

      Vic Angeles National For

      INDUSTRIAL (GENERAL)
      Vic Angeles National For, Palmdale, CA 93550
      View Details

    Similar Nearby for Sale

    • $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
      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
    • $950,000
      1,500 SF

      Established Glass Business Opportunity

      Profitable glass business serving commercial and residential clients.
      39450 E 3Rd St, Palmdale, CA 93550
      View Details
    • Contact for pricing
      281,935 SF

      Palmdale Trade and Commerce Center

      Distribution and industrial property with foreign trade zone designation.
      605 W Technology Dr, Palmdale, CA 93550
      View Details
    • $285,000
      77,513.00 Acres

      Palmdale Land For Residential Development

      1.78 acre lot zoned for medium-high density residential development.
      1224 Avenue Q13 E, Palmdale, CA 93550
      View Details
    • $75,000
      217,599.00 Acres

      Large Residential Land with Views

      Massive 5-acre residential land with potential for lot split.
      1 Small Rd, Palmdale, CA 93550
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      147,520 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
      275,230 SF

      Industrial Distribution Park in Palmdale

      New industrial/distribution park with direct highway access and high visibility.
      E Avenue M, Palmdale, CA 93550
      View Details
    • Contact for pricing
      3,001,712 SF

      New Industrial Buildings Available

      Two industrial buildings totaling 3,003,360 SF, delivery Q2 2025.
      3347 Avenue M E, Palmdale, CA 93550
      View Details
    • Contact for pricing
      380,410 SF

      Modern Industrial Building Available

      380,410 SF industrial building for sale or lease.
      39415 8Th St East, 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
      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
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    39531 15th E St
    Palmdale, CA 93550-3447
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    39531 15th E St, Palmdale, CA, 93550
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!