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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Manufacturing properties
514 Commerce Ave Ste C Palmdale, CA 93551-3799
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9413020
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2007
Construction
WOOD
Total area
2,500 SF
Lot
5.29 ac (230,259 SF)
Zoning code
PDMX
APN
3003-080-036
UPID
US09-9413020
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
-
Marquez Income Tax Services Corp Accounting Firm Tax Preparation
-
Resolve Law Group Law Firm Financial Advisor
-
Farmers Insurance - Frida Andrademejia Insurance Agency
-
Farmers Insurance - Ana Laleh-Radi Insurance Agency
-
North 40 System Computer & Electronic Repair
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$685k
CAP Approach
CAP
$450k
Comparable Approach
Comparable
$647k
Blend (final)
Blend
$675k
Owner & transaction history
Karen G Marquez · 2 yrs held
Karen G Marquez
since 2023
Last sale
$740,007
7 recorded transactions
Zoning & alternative use
PDMX · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$770,000
+49.6%
Warehouse, storage
$735,000
+42.2%
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
$675,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$485,000
6.5%
$450,000
7%
$415,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$515,000
Current use
COMMERCIAL (GENERAL)
$770,000
Change: +50% · Conversion: Difficult
WAREHOUSE, STORAGE
$735,000
Change: +42% · Conversion: Easy
AUTO REPAIR, GARAGE
$515,000
Change: -1% · Conversion: Easy
OFFICE BUILDING
$490,000
Change: -5% · Conversion: Difficult
RETAIL STORES
$480,000
Change: -7% · Conversion: Moderate
Blend value · Realmo final
$675k
Range $608k – $743k · ±10% · vs last sale $740k (Aug 2 2023)
Last sale anchor
$740k
Aug 2 2023
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
$270 / 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
$11,795
Tax year 2024
Assessed value
$740,000
Assessed 2024
Previous assessed
$740,000
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$220,000
Assessed improvement
$520,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2007
Construction
WOOD
Heating
NONE
Total area
2,500 SF
Lot
5.29 ac (230,259 SF)
Zoning code
PDMX
APN
3003-080-036
UPID
US09-9413020
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDMX · Palmdale, CA
Zoning PDMX · permitted uses
PDMX · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$515,000
COMMERCIAL (GENERAL)
Est. value
$770,000
WAREHOUSE, STORAGE
Est. value
$735,000
AUTO REPAIR, GARAGE
Est. value
$515,000
OFFICE BUILDING
Est. value
$490,000
RETAIL STORES
Est. value
$480,000
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
AUTO REPAIR, GARAGE
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
WOOD
Heating
NONE
Lot
5.29 ac
Current owner
From public records · entity-resolved
Karen G Marquez
Individual
Mailing address
514 COMMERCE AVE STE C, PALMDALE, CA 93551-3799
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$740,000
Karen G Marquez
Amjad M Hanbali
Grant Deed
$682,000 · Mission Valley Bank
Aug 2, 2023
—
Karen G Marquez
Jose A Marquez
Intrafamily Transfer
related
—
Dec 6, 2021
—
Amjad M Hanbali
—
Deed
related
$300,000 · G A S A LLC
Jan 15, 2020
—
Amjad M Hanbali
—
Deed
related
$135,000 · Dubrow Family Trust (pt)
Nov 28, 2017
—
Amjad M Hanbali
—
Deed
related
$220,000 · Velocity Com'l Cap
Jul 15, 2009
—
Amjad M Hanbali
Hanbali,sana J
Quit Claim Deed
related
$175,000 · Stoll Mervyn Trust
Apr 24, 2008
$500,000
Amjad M Hanbali
Lb Of Vcc Palmdale LLC
Grant Deed
$50,000 · 2920 Venture Ltd
—
—
Amjad M Hanbali
—
Deed Of Trust
related
$135,000 · Dubrow Family Trust (pt)
—
—
Amjad M Hanbali
—
Deed Of Trust
related
$200,000 · Langholz I & F Trust (pt)
—
—
Amjad M Hanbali
—
Deed Of Trust
related
$220,000 · Velocity Com'l Cap
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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