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    19648 Sherman Way Reseda, CA 91335
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    19648 Sherman Way Reseda, CA 91335

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    • Investment properties
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Super Smokes / (Bike/Boat/Book/etc) Store
    • Cardtronics ATM / Atm

    Property Details for 19648 Sherman Way

    Property type
    Investment properties

    Description

    the shop enjoys consistent visibility and a steady flow of customers. The shop\u00e2\u0080\u0099s sleek

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Reseda
    County
    Los Angeles
    State
    California
    Longitude
    -118.562
    Latitude
    34.2006

    Comparable in this City

    • Value Estimation
      $2,380,000
      16,359 SF

      18625 Sherman Way

      STORE/OFFICE (MIXED USE) • 16,359 SF
      18625 Sherman Way, Reseda, CA 91335-4148
      View Details
    • Value Estimation
      $7,365,000
      36,726 SF

      18711 Sherman Way

      OFFICE/RESIDENTIAL (MIXED USE) • 36,726 SF
      18711 Sherman Way, Reseda, CA 91335-4091
      View Details
    • Value Estimation by Request
      257,873 SF

      6611 Reseda Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 257,873 SF
      6611 Reseda Blvd, Reseda, CA 91335
      View Details
    • Value Estimation by Request
      1,200 SF

      Reseda, CA 91335

      Investment properties • 1,200 SF
      Reseda, CA 91335
      View Details
    • Value Estimation by Request
      2,056 SF

      7317 Reseda Blvd

      OFFICE/RESIDENTIAL (MIXED USE) • 2,056 SF
      7317 Reseda Blvd, Reseda, CA 91335-8122
      View Details
    • Value Estimation
      $610,000
      2,288 SF

      7018 Darby Ave

      OFFICE/RESIDENTIAL (MIXED USE) • 2,288 SF
      7018 Darby Ave, Reseda, CA 91335-4401
      View Details

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      Commercial Site in Reseda Neighborhood

      Prime commercial site in Reseda, San Fernando Valley.
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      Reseda Commercial Property on Sherman

      Versatile commercial property on a bustling main street with high visibility.
      18515 Sherman Way, Reseda, CA 91335
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    • $3,495,000
      42,011 SF

      RTI Affordable Housing Development Opportunity

      Ready-to-Issue 91-unit affordable housing development in Reseda, CA.
      6834 Baird Ave, Reseda, CA 91335
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    • $1,600,000

      Reseda Commercial Property For Sale

      Commercial property available west of Reseda Blvd on Sherman Way.
      18515 Sherman Way, Reseda, CA 91335
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    Similar Nearby for Lease

    • Contact for pricing

      Reseda Retail Space Available

      Former payday loan location in a busy retail center.
      6740 Reseda Blvd, Los Angeles, CA 91335
      View Details
    • Contact for pricing

      Retail Space on Sherman Way

      Retail space available on major arterial Sherman Way in Reseda.
      18247 Sherman Way, Los Angeles, CA 91335
      View Details
    • Contact for pricing
      55,397 SF

      Central Valley Raw Land

      Raw land ideal for parking, storage, nursery, or landscaping.
      11156 Victory Blvd, Los Angeles, CA 91335
      View Details
    • Contact for pricing

      Retail Space on Sherman Way

      Retail space available with frontage, signage, and ample parking.
      18201 Sherman Way, Los Angeles, CA 91335
      View Details
    • Contact for pricing
      79,421 SF

      Sun Valley Warehouse with Yard

      Freestanding warehouse with office space and paved yard.
      11240 Sherman Way, Sun Valley, CA 91335
      View Details
    • $2 SF/Yr

      Reseda Office Space For Rent

      Office space in Reseda, CA, with on-site amenities.
      19231 Victory Blvd, Reseda, CA 91335
      View Details
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    19648 Sherman Way
    Reseda, CA 91335
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    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
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