Entity Owned 
For Lease
$15,921/Mo
10461 Austin Dr, Spring Valley, CA 91978
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Property summary
AI-generated overview
The property at 10461 Austin Drive, Spring Valley, CA is a freestanding warehouse facility configured with a large warehouse area and five grade-level roll-up doors for vehicle access. The interior layout includes five private offices, a conference room, and three restrooms, supporting a combined office and operational workspace. The premises are designed to be potentially divisible, subject to configuration, and zoning is listed as M-52.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Total area
8,845 SF
Lot
0.85 ac (37,026 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
505-640-15-00
UPID
US09-7030137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply Hardware & Home Improvement
-
Industrial Manufacturer Production Facility
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.52M
Blend (final)
Blend
$5.85M
Owner & transaction history
since 2024
Last sale
$5.9M
7 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, CA
Top alternative use upside
Neighborhood: shopping center
$8.0M
+170.6%
Restaurant
$5.8M
+96.9%
Medical building
$4.2M
+42.5%
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 7 comparables with addresses
3 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$5.85M
Value range
$5.27M – $6.44M
±10% around blend
Estimated value / SF
$661 / SF
Confidence
High
7 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
70
Income certainty
100
$5.27M
blend $5.85M
$6.44M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
8,845 SF
Lot area
0.85 ac
Year built
1989
APN
505-640-15-00
Zoning
INDUSTRIAL (M ZONE)
Assessed value
$2,101,608
Annual tax
$25,377
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$25,377
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$2.88M
Weighted, 7 comps · high confidence
Evidence
7 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.0 mi away · 6,267 SF
12.0 mi away · 7,822 SF
14.0 mi away · 6,400 SF
15.4 mi away · 10,186 SF
15.5 mi away · 9,990 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$5.85M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 21 sales
$333
+99%
County 463 sales
$283
+133%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $661/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+171%
vs current-use indication
Restaurant
Medical Building
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Market benchmark
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 7 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
Selected market yield
2.10%
Selected cap rate for this other warehouses
Derived from the Spring Valley market rent, vacancy and expense benchmarks for this use type.
NOI (est.)
$101k *
Last sale · Apr 2024
$5.85M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$4.82M
Move the market yield to see immediate price impact.
Value / SF
$545
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
1.60%2.10%2.60%
$91k
$5.69M
$4.34M
$3.50M
$101k
$6.32M
$4.82M
$3.89M
$111k
$6.96M
$5.30M
$4.28M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
7 found
High confidence · county-verified
Closest comparable
$2.80M
5.8 mi · Dec 2025 · $308/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,377
Tax year 2024
Assessed value
$2,101,608
Assessed 2024
Previous assessed
$2,101,608
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$749,088
Assessed improvement
$1,352,520
Applied tax rate
83.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
1989
Heating
NONE
Units
1
Total area
8,845 SF
Lot
0.85 ac (37,026 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
505-640-15-00
UPID
US09-7030137
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, CAZoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Heating
NONE
Units
1
Lot
0.85 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
INDUSTRIAL (M ZONE)
Jurisdiction
Spring Valley, CA
Recorded code
INDUSTRIAL (M ZONE)
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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