1543 Palmdale BlvdPalmdale, CA 93550

Property Details for 1543 Palmdale Blvd

Year built

1987

Construction

WOOD

Lot size

0.61 AC

Property size (Sq ft)

15,588 SF

Zone code

PDC3*

Property type

Office properties

Property subtype

Office buildings

APN

3015-022-014

APU

3015022014

Description

Roy Business Park, located at 1543 E Palmdale Blvd, Palmdale, CA 93550, offers a final remaining suite of executive office space. This Class B building, constructed in 1987, totals 15,588 square feet and sits on a 26,716 square foot lot in Los Angeles County. The property features five total suites, with a minimum divisible space of 146 square feet and a maximum contiguous space of 1,964 square feet. Currently, 4,100 square feet of vacant space is available for lease. The building includes elevators and ample onsite parking. Its strategic location just east of the 14 Freeway on Palmdale Blvd (Highway 138) provides convenient access to Antelope Valley College, Vallarta Supermarket, WSS, Starbucks, Subway, and numerous other retail and dining options. Furthermore, its proximity to Palmdale Regional Airport, Antelope Valley Mall, and Palmdale Regional Medical Center makes it an attractive location for businesses serving the Antelope Valley community. This is a rare opportunity to secure office space in a well-situated business park with excellent amenities and accessibility.

• CAP approach

  CAP return

  Valuation

  6%

  $4,948,660

  6.5%

  $4,567,994

  7%

  $4,241,708

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,964,214

  Geo Method

  $2,964,214

• Alternative Use

  Use

  Valuation

  Residential

  $5,664,312

  Hospitality

  $5,188,480

  Educational

  $4,316,754

  Medical

  $4,465,214

  Retail

  $6,714,950

Location Insight

City

Palmdale

County

Los Angeles

State

California

Latitude

34.5801

Longitude

-118.102

CBSA code

31080

CBSA name

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

Property Tax & Assessments

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