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Property profile & analytics
OFF-MARKET
Community centers
10950 Sherman Way Burbank, CA 91505-1065
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-7591597
Property profile
Verified
Property type
Community centers
Use group
MINI-MALL
Lot
11.39 ac (496,303 SF)
Zoning code
BUAIRPORT*
APN
2466-019-028
UPID
US09-7591597
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Eric The Trainer Golf Golf Instructor
-
Electrify America Charging Station Electric Vehicle Charging Station
-
Burbank Wash & Dry (Bike/Boat/Book/etc) Store
-
Oakwood Worldwide Housing Authority
-
Primo Water Refill Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Breit Pds Property Owner LLC · 8 yrs held
Breit Pds Property Owner LLC
since 2017
7 recorded transactions
Zoning & alternative use
BUAIRPORT* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Burbank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burbank submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$13,604
Tax year 2024
Assessed value
$669,319
Assessed 2024
Previous assessed
$669,319
+0.0% YoY
Effective rate
2.03%
On assessed value
Assessed land
$669,319
Applied tax rate
2.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Community centers
Use group
MINI-MALL
Status
Off-Market
Heating
NONE
Lot
11.39 ac (496,303 SF)
Zoning code
BUAIRPORT*
APN
2466-019-028
UPID
US09-7591597
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUAIRPORT* · Burbank, CA
Zoning BUAIRPORT* · permitted uses
BUAIRPORT* · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burbank. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
11.39 ac
Current owner
From public records · entity-resolved
Breit Pds Property Owner LLC
Entity
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2017
—
Breit Pds Property Owner LLC
—
Deed
related
—
Oct 17, 2017
$45,650,000
Breit Pds Property Owner LLC
Plaza Del Sol Center LLC
Grant Deed
—
Nov 10, 2016
—
Plaza Del Sol Center LLC
—
Deed
related
$20,000,000 · Wells Fargo Bk
Jul 31, 2014
$6,146,000
Plaza Del Sol Center LLC
Hrb Plaza Del Sol
Grant Deed
related
$19,104,395 · Us Bank NA Series 2007-6 (ce)
Feb 2, 2007
$25,250,000
Hrb Plaza Del Sol LLC
Show Me The Money LLC
Grant Deed
$19,700,000 · Merrill Lynch Mtg Lndg
Apr 6, 2006
—
Show Me The Money LLC
Flagship Equities
Grant Deed
related
—
Apr 3, 2006
—
Show Me The Money LLC
Katofsky Family Trust
Grant Deed
related
—
—
—
Plaza Del Sol Center LLC
—
Deed Of Trust
related
$20,000,000 · Wells Fargo Bk
—
—
Breit Pds Property Owner LLC
—
Deed Of Trust
related
—
—
—
Show Me The Money LLC
—
Deed Of Trust
related
$1,750,000 · Flagship Equities LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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