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Property profile & analytics
OFF-MARKET
Estimated value
$1,925,000
Warehouses
40355 La Quinta Ln Palmdale, CA 93551-3637
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-9920308
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2018
Construction
TILT-UP CONCRETE
Total area
18,871 SF
Lot
1.03 ac (44,764 SF)
Zoning code
PDMPD*
APN
3005-045-011
UPID
US09-9920308
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.95M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.93M
Owner & transaction history
Marshall J Lambert · 4 yrs held
Marshall J Lambert
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
PDMPD* · 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
Method
Estimation
Statistic approach
$1,965,000
ML approach
$1,945,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.93M
Range $1.73M – $2.12M · ±10% · vs last sale $1.90M (Feb 23 2022)
Last sale anchor
$1.90M
Feb 23 2022
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
$102 / 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
$29,928
Tax year 2024
Assessed value
$2,037,179
Assessed 2024
Previous assessed
$2,037,179
+0.0% YoY
Effective rate
1.47%
On assessed value
Assessed land
$407,434
Assessed improvement
$1,629,745
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
18,871 SF
Lot
1.03 ac (44,764 SF)
Zoning code
PDMPD*
APN
3005-045-011
UPID
US09-9920308
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDMPD* · Palmdale, CA
Zoning PDMPD* · permitted uses
PDMPD* · 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
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
1.03 ac
Current owner
From public records · entity-resolved
Marshall J Lambert
Individual
Mailing address
PO BOX 6399, BURBANK, CA 91510-6399
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Marshall J Lambert
Marshall Lambert
Intrafamily Transfer
related
—
Oct 2, 2020
—
Marshall Lambert
—
Deed
related
$991,000 · Cdc Small Business Finance Corp
Oct 31, 2019
$1,900,000
Marshall Lambert
La Quanta Industrial LLC
Grant Deed
$1,203,000 · Cit Bank NA
Oct 31, 2019
—
Marshall Lambert
—
Trustees Deed
related
$962,000 · Cit Bk NA
Feb 23, 2017
—
La Quinta Industrial LLC
—
Trustees Deed
related
$1,000,000 · First Credit Bk
Dec 13, 2016
$365,000
La Quinta Industrial LLC
Clausp
Grant Deed
—
Nov 2, 2016
—
Clausp LLC
Zumaone LLC
Quit Claim Deed
—
Nov 1, 2016
$135,000
Zumaone LLC
Bp Land Dev LLC
Grant Deed
related
—
Jun 24, 2015
$135,000
Zumaone LLC
Bp Land Dev LLC
Grant Deed
—
Jun 12, 2008
—
Bp Land Dev LLC
Community Redev Agcy Of City/palm
Grant Deed
—
—
—
Bp Land Dev LLC
—
Deed Of Trust
related
$105,000 · Gerling 1992 Trust
—
—
Marshall Lambert
—
Deed Of Trust
related
$1,203,000 · Cit Bk NA
—
—
Bp Land Dev LLC
—
Deed Of Trust
related
$6,000 · William L Smith
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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