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Property profile & analytics
OFF-MARKET
Estimated value
$795,000
Amusement parks
525 Ave P4 Palmdale, CA 93551-3743
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US10-3028636
Property profile
Verified
Property type
Amusement parks
Use group
AMUSEMENT PARK
Year built
1997
Construction
WOOD
Total area
14,794 SF
Lot
6.47 ac (281,834 SF)
Zoning code
PDSP*
APN
3003-001-049
UPID
US10-3028636
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$795k
Owner & transaction history
Srp III LLC · 2 yrs held
Srp III LLC
since 2024
7 recorded transactions
Zoning & alternative use
PDSP* · 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
$54 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$71,055
Tax year 2023
Assessed value
$4,462,500
Assessed 2023
Previous assessed
$4,462,500
+0.0% YoY
Effective rate
1.59%
On assessed value
Assessed land
$3,162,000
Assessed improvement
$1,300,500
Applied tax rate
17.0000
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
Amusement parks
Use group
AMUSEMENT PARK
Status
Off-Market
Year built
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
14,794 SF
Lot
6.47 ac (281,834 SF)
Zoning code
PDSP*
APN
3003-001-049
UPID
US10-3028636
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDSP* · Palmdale, CA
Zoning PDSP* · permitted uses
PDSP* · 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
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
6.47 ac
Current owner
From public records · entity-resolved
Srp III LLC
Entity
Mailing address
25134 RYE CYN LOOP STE #300, SANTA CLARITA, CA 91355-5031
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
—
Srp III LLC
Childrens Bureau Palmdale
Grant Deed
—
Mar 16, 2023
—
Childrens Buerau Of Southern Califo
Childrens Bureau Palmdale
Lease
—
Jul 15, 2021
$4,375,000
Childrens Bureau Of Southern Califo
Srp II LLC
Grant Deed
—
Dec 16, 2020
$1,975,000
Srp II LLC
Mulligan Palmdale Corp
Grant Deed
—
Jun 17, 2005
$4,115,040
Mulligan Palmdale Corp
Funland USA INC
Grant Deed
$1,412,500 · City National Bank
Mar 25, 2005
—
Funland USA INC
Ahmad,daniel S
Quit Claim Deed
related
—
Aug 28, 2001
—
Daniel S Ahmad
Funland USA
Grant Deed
related
—
Aug 17, 2001
$750,000
Desert Community Bank
Funland USA INC
Grant Deed
related
—
Apr 3, 1997
$1,850,000
Funland USA INC
—
Grant Deed
related
—
—
—
Funland USA INC
—
Deed Of Trust
related
$1,338,800 · Zions First National Bank
—
—
A V & P INC
—
Deed Of Trust
related
$420,132 · Financing Facilitators INC
—
—
Funland USA INC
—
Deed Of Trust
related
$1,500,000 · Desert Community Bank
—
—
Funland USA INC
—
Deed Of Trust
related
$930,000 · Desert Community 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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