Property profile

826 Palmdale Blvd Palmdale, CA 93550

OFF-MARKET
Retail space
Property ID
US09-6615014
3,500 SF 0.15 ac lot Built 1954
Individually Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 6.377-acre mixed-use property presents a unique investment opportunity in the thriving city of Palmdale, California. Located at 826 E Palmdale Boulevard, this expansive parcel offers significant potential for a variety of development projects. The substantial lot size provides ample space for creative and ambitious ventures, catering to diverse commercial and potentially residential needs. Its strategic location within Palmdale ensures high visibility and accessibility, making it an attractive proposition for businesses seeking a prominent presence. The property's mixed-use zoning allows for flexibility in development plans, opening doors to a wide range of possibilities. This presents a rare chance to acquire a large parcel of land in a rapidly growing area, ideal for developers, investors, or entrepreneurs looking to establish a significant presence in the Palmdale market. The asking price of $2500 suggests a compelling value proposition, considering the land's size and location. Serious inquiries are encouraged to explore the full potential of this remarkable property and its significant development opportunities. Further due diligence is recommended to confirm zoning regulations and potential development restrictions. This property is being offered as-is.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1954
Construction WOOD
Total area 3,500 SF
Lot 0.15 ac (6,377 SF)
Zoning code PDC3*
APN 3009-015-004
UPID US09-6615014

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
  • Business Service Center Advocacy Group

Location

826 Palmdale Blvd Palmdale, CA 93550-4710
Palmdale metro Census 910501 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$340k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$325k

Owner & transaction history

since 2021
Last sale
$325,003
5 recorded transactions
2021
$325,000
2020
$324,500
2020
Price N/A
2005
Price N/A
2005
$437,500

Zoning & alternative use

PDC3* · Palmdale, CA

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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