Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Palmdale, CA 93552
    Back to Search
    Property profile & analytics

    , Palmdale, CA 93552

    View on Map
    • Parking lots & garages
    • 0.17 lot acres
    Off-Market
    Property ID
    US09-9129328
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Parking lots & garages

    Property Details

    Lot size
    0.17 lot acres
    Zone code
    LCC4*
    Property type
    Parking lots & garages
    APN
    3023-085-024
    APU
    3023085024

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Mar 6, 2019 — Jun Y Zhang Qing,yuan Y Quit Claim Deed · related —
    Nov 2, 2012 $1,000,000 Yuan Y Qing Dh Eastshore Investment INC Grant Deed —
    Apr 18, 2011 $2,575,000 Dh Eastshore Investment INC Jazerp INC Grant Deed —
    Jan 10, 2005 $2,875,020 Jazerp INC Scp Palmdale LLC Grant Deed $400k · Vater Roy R & Inga E Trust
    Jun 21, 2004 — Scp Palmdale LLC — Grant Deed · related $1.5M · California National Bank
    Mar 5, 2004 $700,000 Scp Palmdale LLC Costanzo,james R & Susan J Grant Deed $385k · California National Bank
    May 7, 2003 — Robert R Lewis Lewis,andrea L Quit Claim Deed · related —
    Sep 24, 1998 $12,500 Robert R Lewis Costanzo,james R & Susan J Grant Deed —
    Jan 13, 1995 $650,000 Pacific Investors Group Pacific/costanzo - Palmdale Grant Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Palmdale
    County
    Los Angeles
    State
    California
    Longitude
    -118.045
    Latitude
    34.5599
    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
    $3,945
    $225,088
    $11,905
    $236,993
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5,166 SF

      3851 Palmdale Blvd

      SERVICE STATION (FULL SERVICE)
      3851 Palmdale Blvd, Palmdale, CA 93552
      View Details
    • Value Estimation by Request
      1,352 SF

      37204 47th E St

      SERVICE STATION (FULL SERVICE)
      37204 47th E St, Palmdale, CA 93552-4421
      View Details
    • Value Estimation by Request
      3,000 SF

      5564 Ft Tejon Rd

      GAS STATION
      5564 Ft Tejon Rd, Palmdale, CA 93552-5902
      View Details
    • Value Estimation by Request
      216 SF

      37120 47th E St

      GAS STATION
      37120 47th E St, Palmdale, CA 93552-4450
      View Details
    • Value Estimation by Request
      8.60 Acres

      Palmdale, CA 93552

      SERVICE STATION (FULL SERVICE)
      Palmdale, CA 93552
      View Details
    • Value Estimation
      $1,290,000
      10,000 SF

      38050 47th E St

      RETAIL STORES (PERSONAL SERVICES)
      38050 47th E St, Palmdale, CA 93552-3118
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,401 SF

      Former Mortuary in High Visibility

      Versatile commercial property with high visibility and diverse potential uses.
      8837 E Palmdale Blvd, Palmdale, CA 93552
      View Details
    • Contact for pricing
      303,561 SF

      Regional Shopping Center For Sale

      Premier shopping center in high-growth Los Angeles County market.
      38003 47Th St E, Palmdale, CA 93552
      View Details
    • $875,000
      4,401 SF

      Palmdale Commercial Property - Huge Potential

      Versatile 4,401 sq ft building on almost 1 acre.
      8837 Palmdale Blvd, Palmdale, CA 93552
      View Details
    • Contact for pricing

      Palmdale Industrial Land Parcel

      2.46-acre industrial land parcel in Palmdale, California.
      7300 East Avenue E, Palmdale, CA 93552
      View Details
    • $1,095,000
      9.84 Acres

      Palmdale Vacant Residential Land

      Approximately 10 acres of vacant residential land in Palmdale, CA.
      E Palmdale Blvd, Palmdale, CA 93552
      View Details
    • $89,000

      Land with Great Views

      2+ acre land parcel with desirable views.
      Alida Ln, Palmdale, CA 93552
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      172,158 SF

      Antelope Valley Development Opportunity

      Planned development with fast food, gas station, and truck canopy.
      Sierra Hwy @ Pearblossom Hwy, Palmdale, CA 93552
      View Details
    • $1.95 SF/Yr
      3,840 SF

      Palmdale Retail Space Available

      Retail space for rent in Palmdale, California.
      37926 47Th St East, Palmdale, CA 93552
      View Details
    • $1.00 SF/Yr
      2,072 SF

      Move-In Ready Palmdale Office Space

      Multiple suites available in Palmdale, CA, ready for occupancy.
      4621 Avenue S, Palmdale, CA 93552
      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.
    Palmdale, CA 93552
    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

    Thank You for Inquiry
    Palmdale, CA, 93552
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!