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Property profile & analytics
OFF-MARKET
Estimated value
$2,960,000
Investment properties
42164 40th E St Palmdale, CA 93552
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-7283418
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1945
Construction
WOOD
Total area
3,874 SF
Lot
38.7 ac (1,685,915 SF)
Zoning code
PDM2 1/2-A
APN
3170-014-014
UPID
US09-7283418
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
$2.99M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.96M
Blend (final)
Blend
$2.96M
Owner & transaction history
Tutor Perini Corporation · 3 yrs held
Tutor Perini Corporation
since 2022
Last sale
$4.0M
5 recorded transactions
Zoning & alternative use
PDM2 1/2-A · 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
$3,515,000
ML approach
$2,985,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.96M
Range $2.66M – $3.26M · ±10% · vs last sale $4.00M (Nov 7 2022)
Last sale anchor
$4.00M
Nov 7 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
$764 / 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
$48,205
Tax year 2024
Assessed value
$4,080,000
Assessed 2024
Previous assessed
$4,080,000
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$4,080,000
Applied tax rate
3.0000
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Buildings
4
Stories
1
Units
3
Total area
3,874 SF
Lot
38.7 ac (1,685,915 SF)
Zoning code
PDM2 1/2-A
APN
3170-014-014
UPID
US09-7283418
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM2 1/2-A · Palmdale, CA
Zoning PDM2 1/2-A · permitted uses
PDM2 1/2-A · 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
1945
Construction
WOOD
Heating
FLOOR/WALL FURNACE
Stories
1
Buildings
4
Units
3
Lot
38.7 ac
Current owner
From public records · entity-resolved
Tutor Perini Corporation
Entity
Free & Clear · 3 yrs held
Mailing address
15901 OLDEN ST, RANCHO CASCADES, CA 91342-1051
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2022
$4,000,000
Tutor Perini Corporation
Aliaron Palmdale Investments LLC
Grant Deed
—
Oct 6, 2022
$4,000,000
Aliaron Palmdale Investments LLC
Ronald B Arrache
Grant Deed
—
Oct 3, 2003
—
Arrache,tr
Arrache,ronald B
Quit Claim Deed
related
—
Sep 25, 2003
—
Ronald B Arrache
Arrache,tr
Quit Claim Deed
related
—
Jan 23, 1964
—
—
—
Grant Deed
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.
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