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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    11326 Wheatland Ave Los Angeles, CA 91342

    • Commercial real estate
    • 18.80 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-6416332
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Commercial real estate

    Property Details for 11326 Wheatland Ave

    Lot size
    18.80 lot acres
    Property type
    Commercial real estate
    APN
    2529-004-012, 2550-003-016

    Description

    This exceptional 18.8-acre land assemblage presents a rare investment opportunity in Sylmar, Los Angeles. Located at 11326 Wheatland Ave, Los Angeles, CA 91342 (APN: 2529-004-012, 2550-003-016), this expansive property (818,469 square feet) offers significant potential for development. Currently zoned A2, the property allows for the possibility of a zone change to accommodate higher-density residential construction. The mostly flat terrain, situated at the end of a quiet cul-de-sac, provides exceptional access and visibility. Enjoy stunning views from the east, west, and south, with prominent visibility from Foothill Boulevard, Sylmar's main thoroughfare. This location offers convenient proximity to the 210 Freeway entrance, local restaurants, shopping, and other amenities, all within the desirable Foothill Trails neighborhood. The property's unique combination of size, location, and potential makes it an ideal investment for developers seeking a prime location in a thriving residential area. This is a truly unique opportunity to acquire a substantial land parcel in a highly sought-after area of Los Angeles County. The property is classified as both Agricultural and Residential land.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Los Angeles
    County
    Los Angeles
    State
    California
    Longitude
    -118.35234533373
    Latitude
    34.275547170566

    Comparable in this City

    • $1,650,000

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      Land in San Fernando Mountains

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    Similar Nearby for Sale

    • $1,650,000

      Sylmar Land Parcel with Frontage

      2.5 acre parcel in Los Angeles horse country.
      Foothill Blvd, Sylmar, CA 91342
      View Details
    • $260,000

      Remodeled Mobile Home with Additions

      Remodeled mobile home featuring new appliances, mini-splits, and master suite.
      12401 Filmore St, Sylmar, CA 91342
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    • $1,388,000
      5,608 SF

      Sylmar Multifamily Investment Opportunity

      Tenant-occupied Sylmar property with strong rental income potential.
      14690 Hubbard St, Sylmar, CA 91342
      View Details
    • $225,000
      17,345.00 Acres

      Sylmar Land/Lot Opportunity

      Prime Sylmar land for dream family compound or ADU.
      Terra Vista Way, Sylmar, CA 91342
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    • $30,000

      Flat Lot in Sylmar

      Flat, accessible lot with utilities available, suitable for various uses.
      Shafer Pl, Sylmar, CA 91342
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      Land in San Fernando Mountains

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    Similar Nearby for Lease

    • $12 SF/Yr
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      Sylmar Retail Center Opportunity

      High-traffic retail spaces available in Los Angeles.
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    • Contact for pricing
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      Retail Space in Multi-Tenant Center

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    • $400 /Mo

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      Parking spaces for RV, trucks, and equipment on large lot.
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      Second Floor Office Space Available

      Sublease office space with ample parking in Los Angeles.
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    • $24 SF/Yr
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      Sylmar Plaza Retail Center

      Los Angeles retail space, high traffic.
      13203-13241 Gladstone Ave, Los Angeles, CA 91342
      View Details
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    11326 Wheatland Ave
    Los Angeles, CA 91342
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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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