Property profile

39553 Sierra Hwy Palmdale, CA 93550

OFF-MARKET
Investment properties
Property ID
US09-6496645
6,950 SF 0.52 ac lot Built 1987
Entity Owned 10-yr Hold Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional retail property, located at 39553 Sierra Highway in Palmdale, California, presents a unique investment opportunity. Situated on a sizable 0.52-acre lot, this property offers significant potential for a variety of retail businesses. The building's square footage is currently undetermined, allowing for flexible development and customization to suit a wide range of commercial needs. The asking price is $1,800, representing a compelling entry point into the vibrant Palmdale market. The property's prime location on Sierra Highway ensures high visibility and accessibility, attracting substantial foot traffic and driving potential customer engagement. This location offers excellent exposure to a diverse customer base, making it an attractive proposition for businesses seeking a strong foothold in a growing community. The expansive lot size provides ample space for parking, outdoor displays, or potential expansion projects, adding further value to this already promising investment. Given the size of the lot and the strategic location, this property is well-suited for a variety of retail concepts, from smaller boutiques to larger retail establishments. Serious inquiries are encouraged to explore the full potential of this exceptional retail opportunity in Palmdale. The property is available for immediate occupancy, allowing for a swift and efficient transition for prospective buyers.

Property profile

Verified
Property type Investment properties
Use group STORE/OFFICE (MIXED USE)
Year built 1987
Construction WOOD
Total area 6,950 SF
Lot 0.52 ac (22,780 SF)
Zoning code PDC3*
APN 3006-004-049
UPID US09-6496645

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Restaurant
  • (Bike/Boat/Book/etc) Store
  • (Bike/Boat/Book/etc) Store Wine and Liquor Store
  • Hair Salon Nail Salon
  • Hardware & Home Improvement Construction Company

Location

39553 Sierra Hwy Palmdale, CA 93550-3300
Palmdale metro Census 910218 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.85M
Comparable Approach Comparable
$1.38M
Blend (final) Blend
$1.63M

Owner & transaction history

since 2016
7 recorded transactions
2016
Price N/A
2016
$317,000
2010
Price N/A
2007
Price N/A
2007
Price N/A
2001
Price N/A
1992
Price N/A

Zoning & alternative use

PDC3* · Palmdale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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