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Property profile & analytics
OFF-MARKET
Office buildings
40303 170th E St Palmdale, CA 93591-3147
Trust Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-8670077
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1987
Construction
WOOD
Total area
3,940 SF
Lot
0.55 ac (24,109 SF)
Zoning code
LCC2*
APN
3073-009-016
UPID
US09-8670077
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
-
Lake La Cellular's Mobile Phone Store Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Merlan,francisco Living Trust · 5 yrs held
Merlan,francisco Living Trust
since 2020
Last sale
$115,500
7 recorded transactions
Zoning & alternative use
LCC2* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$4,124
Tax year 2024
Assessed value
$301,810
Assessed 2024
Previous assessed
$301,810
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$120,724
Assessed improvement
$181,086
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1987
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
3,940 SF
Lot
0.55 ac (24,109 SF)
Zoning code
LCC2*
APN
3073-009-016
UPID
US09-8670077
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC2* · Palmdale, CA
Zoning LCC2* · permitted uses
LCC2* · 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.
Building & site characteristics
From public records
Year built
1987
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Merlan,francisco Living Trust
Trust
Mailing address
40303 170TH ST E, PALMDALE, CA 93591-3147
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 24, 2020
—
Merlan,francisco Living Trust
Francisco M Hernandez
Quit Claim Deed
related
—
Jun 24, 2015
—
Francisco M Hernandez
Merlan Francisco
Quit Claim Deed
related
$196,000 · Velocity Com'l Cap
Nov 28, 2012
$115,500
Francisco Merlan
Lefebvre,michael L & Beatrice L
Grant Deed
$200,000 · Michael L & Beatrice L Lefebvre
Jul 22, 1999
—
Michael L Lefebvre
Lefebvre,m L & B L Co-trustees
Quit Claim Deed
related
—
May 28, 1998
$72,000
Bernice A Hanson
Llefebvre,michael & Beatrice
Grant Deed
$57,600 · Directors Acceptance
Jun 28, 1988
—
Michael Lefebvre
—
Deed Of Trust
related
$175,500 · Huntington Savings & Loan
—
—
Michael Lefebvre
—
Deed Of Trust
related
$175,500 · Huntington Savings & Loan
—
—
Michael L Lefebvre
—
Deed Of Trust
related
$159,000 · Capitol Thrift & Loan
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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