38200 6Th StPalmdale, CA 93550

Property Details for 38200 6Th St

Year built

1955

Construction

WOOD

Lot size

0.06 AC

Property size (Sq ft)

1,517 SF

Zone code

PDM1*

Property type

Retail properties

Property subtype

Retail space

APN

3009-012-016

APU

3009012016

Description

This exceptional 1,517 square foot retail property located at 38200 6th Street, Palmdale, CA presents a unique investment opportunity. Situated on a 0.06-acre lot (2,657 square feet), this bright and inviting space offers a multitude of possibilities for various business ventures. The interior is well-maintained and ready for immediate occupancy, providing a blank canvas for customization to suit individual needs. A convenient bathroom is located at the rear of the property, adding to its functionality. For enhanced security and privacy, the rear area is securely enclosed with a gate. The property's location in Palmdale ensures high visibility and accessibility, making it an ideal choice for entrepreneurs seeking a thriving commercial space. The asking price is $315,000, representing a compelling investment in a dynamic and growing market. This property is perfect for a variety of uses and offers a strong return on investment potential. Don't miss this chance to acquire a well-positioned retail space in a desirable location. The property's size and features make it an attractive option for both established businesses and new ventures. Its convenient location and secure design offer peace of mind and operational efficiency.

• CAP approach

  CAP return

  Valuation

  6%

  $709,009

  6.5%

  $654,470

  7%

  $607,722

• Comparable approach

  Method

  Valuation

  Relative Method

  $726,951

  Geo Method

  $726,951

• Alternative Use

  Use

  Valuation

  Residential

  $552,070

  Hospitality

  $505,693

  Educational

  $420,731

  Medical

  $435,200

  Retail

  $654,470

Location Insight

City

Palmdale

County

Los Angeles

State

California

Latitude

34.5753

Longitude

-118.117

CBSA code

31080

CBSA name

LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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