Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    540 Hansa St Palmdale, CA 93551

    • Office buildings
    • 832 SF
    • 0.20 lot acres
    OFF-MARKET
    Last Sale
    Feb 27, 2024
    $130,000
    Value Estimations
    $130,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9711291
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Office buildings

    Property Details for 540 Hansa St

    Year built
    1964
    Construction
    WOOD
    Lot size
    0.20 lot acres
    Property size
    832 SF
    Zone code
    PDR1*
    Property type
    Office buildings
    APN
    3005-029-004
    APU
    3005029004

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $130,000
      ML approach
      $130,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $90,000
      Market price range: $90.3k - $233k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.142
    Latitude
    34.6052
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $2,583
    $88,399
    $1,745
    $90,144
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $335,000
      5.56 Acres

      Cammon Area Vlg Gree

      PROFESSIONAL BUILDING • 5.56 Acres
      Cammon Area Vlg Gree, Palmdale, CA 93551
      View Details
    • Value Estimation
      $340,000
      3,554 SF

      1112 Ave M4

      OFFICE BUILDING • 3,554 SF
      1112 Ave M4, Palmdale, CA 93551-1432
      View Details
    • Value Estimation
      $510,000
      18,649 SF

      38925 Trade Ctr Dr

      PROFESSIONAL BUILDING • 18,649 SF
      38925 Trade Ctr Dr, Palmdale, CA 93551-3653
      View Details
    • Value Estimation
      $355,000
      5,600 SF

      843 Auto Ctr Dr Ste A

      PROFESSIONAL BUILDING • 5,600 SF
      843 Auto Ctr Dr Ste A, Palmdale, CA 93551-4489
      View Details
    • Value Estimation
      $310,000
      2,780 SF

      861 Auto Ctr Dr Ste B

      OFFICE BUILDING • 2,780 SF
      861 Auto Ctr Dr Ste B, Palmdale, CA 93551-4493
      View Details
    • Value Estimation
      $460,000
      8,117 SF

      41319 12th W St

      OFFICE BUILDING • 8,117 SF
      41319 12th W St, Palmdale, CA 93551-1414
      View Details

    Similar Nearby for Sale

    • $9,200,000
      25,306 SF

      Challenger Business Park: Palmdale Investment

      Mixed-use medical & retail investment. High NOI.
      450 Palmdale Blvd, Palmdale, CA 93551
      View Details
    • Contact for pricing
      2,730 SF

      Palmdale Office Space Available

      Second floor office space available for purchase in Palmdale.
      39115 Trade Center Dr, Palmdale, CA 93551
      View Details
    • $109,000

      Palmdale Land Investment Opportunity

      Land for sale in Palmdale, great investment opportunity.
      Palmdale Ca 93551 St, Palmdale, CA 93551
      View Details
    • $225,000
      1,547,096.00 Acres

      Expansive Land in Leona Valley

      35 acre parcel in Leona Valley offers natural splendor.
      90 Avenue W, Palmdale, CA 93551
      View Details
    • $105,000

      Palmdale Vacant Land Opportunity

      14.1 acres of vacant land near Palmdale and Lake Los Angeles.
      110 Ste Vic Ave, Palmdale, CA 93551
      View Details
    • Contact for pricing
      39,991.00 Acres

      Palmdale Land/Lot Opportunity

      0.91+/- acres near Anaverde community, Palmdale, CA.
      18 West And Ave S, Palmdale, CA 93551
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      1,235 SF

      Palmdale Office Space For Rent

      Office space in a well-located Palmdale plaza.
      853 Auto Center Dr, Palmdale, CA 93551
      View Details
    • $1.20 SF/Yr
      3,138 SF

      Palmdale Office Space Available

      Office space for lease in Palmdale, California.
      1113 Avenue W, Palmdale, CA 93551
      View Details
    • $1,400 /Mo
      7,248 SF

      Freeway Business Plaza For Lease

      Freeway Business Plaza For Lease
      41250 12th St West #E-1, Palmdale, CA 93551
      View Details
    • $1.50 SF/Yr
      Pending

      Move-in Ready Palmdale Office Space

      Professional office suite in Palmdale Business Park, ready now.
      38700 W 5Th St, Palmdale, CA 93551
      View Details
    • Contact for pricing
      27,826 SF

      West Palmdale Plaza Medical Offices

      Palmdale medical suites for lease.
      520 Palmdale Blvd, Palmdale, CA 93551
      View Details
    • Contact for pricing
      59,577 SF

      Palmdale Office Space Available

      Office suites available for lease in Palmdale, California.
      38660 Medical Center Dr, Palmdale, CA 93551
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    540 Hansa St
    Palmdale, CA 93551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.