Entity Owned Property summary
AI-generated overview
This 8,320 square foot industrial property in Palmdale, CA, offers a prime owner-user opportunity. Located at 608 E Rancho Vista Blvd, it boasts excellent street visibility at the complex entrance. The space is versatile, featuring 80% warehouse area with two roll-up doors (10' side and 12' rear) for efficient loading. A high-quality showroom, private offices, and a conference room complement the warehouse. Additional storage is provided by a mezzanine above the showroom. Two ADA-compliant restrooms are included. Its strategic location near Palmdale Airfield and the National Defense Complex makes it ideal for aerospace and defense-related businesses. The City of Palmdale was recognized as the most business-friendly city by the LAEDC in 2015 and 2021, and benefits from a skilled workforce and affordable housing. This property is perfect for distributors, manufacturers, or other industrial users seeking a functional, well-positioned space with exceptional accessibility. The asking price is $2,100,000. The property is zoned for industrial use and is situated in Los Angeles County, zip code 93550.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1992
Construction
TILT-UP CONCRETE
Total area
8,320 SF
Lot
0.55 ac (23,899 SF)
Zoning code
PDM4
APN
3022-001-014
UPID
US10-0123857
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement Home Decor Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.76M
Owner & transaction history
since 2019
5 recorded transactions
Zoning & alternative use
PDM4 · Palmdale, CA
Top alternative use upside
Commercial (general)
$2.6M
+5.2%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 19 comparables with addresses
2 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.76M
Value range
$1.58M – $1.93M
±10% around blend
Estimated value / SF
$211 / SF
Confidence
High
19 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
100
$1.58M
blend $1.76M
$1.93M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,320 SF
Lot area
0.55 ac
Year built
1992
Stories
1
APN
3022-001-014
Zoning
PDM4
Assessed value
$1,661,908
Annual tax
$23,523
3
Income approach: direct capitalization
Partial preview
Income approach indication
$1.82M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$1.97M
@ 6.5% CAP return
$1.82M
@ 7% CAP return
$1.69M
4
Sales comparison
Partial preview
Sales approach indication
$2.40M
Weighted, 19 comps · high confidence
Evidence
19 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
34.2 mi away · 6,305 SF
35.4 mi away · 6,836 SF
36.7 mi away · 9,000 SF
41.4 mi away · 10,074 SF
41.9 mi away · 9,240 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.76M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 1878 sales
$294
-28%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $211/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Commercial (general)
Gross theoretical uplift
+5%
vs current-use indication
Warehouse, Storage · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 19 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.66M
Move the market yield to see immediate price impact.
Value / SF
$200
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$105k
$2.09M
$1.50M
$1.16M
$116k
$2.33M
$1.66M
$1.29M
$128k
$2.56M
$1.83M
$1.42M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
19 found
High confidence · county-verified
Closest comparable
$2.20M
28.3 mi · Dec 2025 · $338/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,523
Tax year 2024
Assessed value
$1,661,908
Assessed 2024
Previous assessed
$1,661,908
+0.0% YoY
Effective rate
1.42%
On assessed value
Assessed land
$182,272
Assessed improvement
$1,479,636
Applied tax rate
15.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
8,320 SF
Lot
0.55 ac (23,899 SF)
Zoning code
PDM4
APN
3022-001-014
UPID
US10-0123857
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PDM4 · Palmdale, CAZoning PDM4 · permitted uses
PDM4 · Palmdale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.55 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
PDM4
Jurisdiction
Palmdale, CA
Recorded code
PDM4
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for PDM4 in Palmdale, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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