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Property profile & analytics
FOR LEASE
Retail space
520-540 W Palmdale Blvd Palmdale, CA 93551
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7486072
For Lease
1 / 6
$22.68 SF/Yr
520-540 W Palmdale Blvd, Palmdale, CA 93551
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
TILT-UP CONCRETE
Total area
28,028 SF
Lot
2.63 ac (114,412 SF)
Zoning code
PDCPD-R1*
APN
3004-004-034
UPID
US09-7486072
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
-
Foundation Laboratory Laboratory
-
AV Sierra Dental Dental Office
-
OYHFS Outpatient PD Medical Clinic
-
Linda LaFrance, LMFT Crisis Center Medical Clinic
-
Jason Lambert, LCSW Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.03M
CAP Approach
CAP
$7.36M
Comparable Approach
Comparable
$5.33M
Blend (final)
Blend
$7.03M
Owner & transaction history
Jane Marie Smith · 2 yrs held
Jane Marie Smith
since 2024
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
PDCPD-R1* · Palmdale, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$8.7M
+60.6%
Warehouse, storage
$8.2M
+52.7%
Industrial (general)
$5.8M
+7.4%
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
$7,090,000
ML approach
$7,030,000
CAP Approach
CAP Return
Estimation
6%
$7,970,000
6.5%
$7,360,000
7%
$6,835,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,395,000
Current use
COMMERCIAL (GENERAL)
$8,660,000
Change: +61% · Conversion: Easy
WAREHOUSE, STORAGE
$8,235,000
Change: +53% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,790,000
Change: +7% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,750,000
Change: +7% · Conversion: Difficult
Blend value · Realmo final
$7.03M
Range $6.33M – $7.73M · ±10% · vs last sale $7.00M (Aug 23 2023)
Last sale anchor
$7.00M
Aug 23 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
$251 / 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
$105,485
Tax year 2024
Assessed value
$7,000,000
Assessed 2024
Previous assessed
$7,000,000
+0.0% YoY
Effective rate
1.51%
On assessed value
Assessed land
$1,500,000
Assessed improvement
$5,500,000
Applied tax rate
13.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
YES
Stories
1
Total area
28,028 SF
Lot
2.63 ac (114,412 SF)
Zoning code
PDCPD-R1*
APN
3004-004-034
UPID
US09-7486072
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDCPD-R1* · Palmdale, CA
Zoning PDCPD-R1* · permitted uses
PDCPD-R1* · 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
RETAIL STORES Current
Est. value
$5.4M
COMMERCIAL (GENERAL)
Est. value
$8.7M
WAREHOUSE, STORAGE
Est. value
$8.2M
INDUSTRIAL (GENERAL)
Est. value
$5.8M
AUTO REPAIR, GARAGE
Est. value
$5.8M
RETAIL STORES Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
AUTO REPAIR, GARAGE
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Cooling
Yes
Stories
1
Lot
2.63 ac
Current owner
From public records · entity-resolved
Jane Marie Smith
Individual
Mailing address
3095 OLD CONEJO RD #218, THOUSAND OAKS, CA 91320-2130
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2025
—
Palmdale Property LLC
—
Deed
related
$15,000,000 · Partners Capital Solutions Reit I LLC
Sep 17, 2024
—
Palmdale Property LLC
—
Deed
related
$4,935,000 · The Golden 1 Cu
Jul 8, 2024
—
Jane Marie Smith
Jane Marie Smith
Deed
related
—
Aug 23, 2023
$7,000,000
Palmdale Property LLC
Cantor Group LLC
Grant Deed
$4,900,000 · Cantor Group LLC
Jun 26, 2019
—
Cantor Group LLC
—
Deed
related
$300,000 · Nano Banc
Jul 26, 2017
—
Cantor Group LLC
—
Deed
related
$2,500,000 · JR Inland Investment LLC
Dec 8, 2015
$4,500,000
Cantor Group LLC
Refs INC|bp Group LLC
Trustees Deed
related
—
Nov 16, 2015
$4,500,000
Cantor Group LLC
R E F S INC
Trustees Deed
related
—
Nov 29, 2004
—
George E Thomas
Thomas,george E
Quit Claim Deed
related
—
Oct 20, 2004
—
George E Thomas
Thomas George E Trust
Quit Claim Deed
related
—
May 14, 2002
$2,762,500
B P Group LLC
West Palmdale Plaza INC
Grant Deed
$2,128,000 · Imperial Capital Bank
Apr 24, 2000
—
Pal Cy
Reichert-lengfeld,
Grant Deed
related
—
Mar 3, 2000
$273,000
Reichert-lengfeld LP
West Palmdale Plaza LLC
Grant Deed
—
Aug 30, 1996
$1,500,000
Palmdale Plaza West
Guardian Bk,
Quit Claim Deed
related
—
Sep 12, 1994
—
Guardian Bank
—
Deed Of Trust
related
—
—
—
West Palmdale Plaza LLC
—
Deed Of Trust
related
$1,200,000 · Antelope Valley Bank
—
—
Bp Group LLC
—
Deed Of Trust
related
$2,575,000 · Telesis Community Cu
—
—
Cantor Group LLC
—
Deed Of Trust
related
$2,500,000 · JR Inland Investment LLC
—
—
Cantor Group LLC
—
Deed Of Trust
related
$4,050,000 · Nano Banc
—
—
Cantor Group LLC
—
Deed Of Trust
related
$300,000 · Nano Banc
—
—
Palmdale Plaza West
—
Deed Of Trust
related
$1,125,000 · Guardian Bank
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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