1335 Rancho Vista BlvdPalmdale, CA 93551

  • Retail properties
  • 19,200 SF
For Sale
$5,000,000 View listing

Property Details for 1335 Rancho Vista Blvd

Year built
1997
Construction
TILT-UP CONCRETE
Lot size
1.77 AC
Property size (Sq ft)
19,200 SF
Zone code
PDRA
Property type
Retail properties
Property subtype
Other individual retail properties
APN
3005-038-012
APU
3005038012

Description

This exceptional 19,200-square-foot freestanding retail building is ideally situated in Palmdale, California, at 1335 Rancho Vista Blvd, 93551. Previously occupied by a 24-Hour Fitness, this single-tenant property boasts tremendous street visibility and ample parking. The building features prominent building and pylon signage, making it highly visible to the significant vehicle and foot traffic in the area. Its versatile layout offers excellent space for a multitude of commercial applications and is available for immediate occupancy. This prime location offers unparalleled access to SR-14 (Antelope Valley Freeway), ensuring easy accessibility for customers and employees. The property benefits from its proximity to the Antelope Valley Mall, surrounded by numerous national brand retailers, further enhancing its visibility and attracting a substantial customer base. The surrounding area is rich with amenities, including the Palmdale Regional Airport, Palmdale Regional Medical Center, hotels, daycare centers, restaurants, shopping centers, and golf courses, contributing to a strong and diverse demographic profile. This presents a unique opportunity for businesses seeking a high-traffic, well-located retail space in a thriving community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $8,987,442
    6.5%
    $8,296,100
    7%
    $7,703,522
  • Comparable approach

    Method
    Valuation
    Relative Method
    $9,200,701
    Geo Method
    $9,200,701
  • Alternative Use

    Use
    Valuation
    Residential
    $6,998,071
    Hospitality
    $6,410,196
    Educational
    $5,333,207
    Medical
    $5,516,624
    Retail
    $8,296,100
1335 Rancho Vista Blvd, Palmdale, California

Location Insight

City
Palmdale
County
Los Angeles
State
California
Latitude
34.6022
Longitude
-118.155
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
$78,882
$1,206,864
$2,538,576
$3,745,440
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