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Property profile & analytics
OFF-MARKET
Estimated value
$5,410,000
Warehouses
1180 Wright Way, City Of Industry, CA 91748-2321
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-9177146
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
TILT-UP CONCRETE
Total area
12,420 SF
Lot
0.7 ac (30,379 SF)
Zoning code
IDM*
APN
8762-001-002
UPID
US09-9177146
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.69M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.44M
Blend (final)
Blend
$5.41M
Owner & transaction history
Aet Investments LLC · 2 yrs held
Aet Investments LLC
since 2023
Last sale
$5.1M
7 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$6.1M
+76.1%
Medical building
$5.6M
+62.3%
Auto repair, garage
$4.9M
+39.4%
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 City Of Industry submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs City Of Industry 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
Method
Estimation
Statistic approach
$5,815,000
ML approach
$5,685,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,480,000
Current use
RESTAURANT
$6,125,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$5,645,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$4,850,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$4,500,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$3,820,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$3,635,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$5.41M
Range $4.87M – $5.95M · ±10% · vs last sale $5.05M (Nov 22 2023)
Last sale anchor
$5.05M
Nov 22 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$436 / SF
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
$62,726
Tax year 2024
Assessed value
$5,050,000
Assessed 2024
Previous assessed
$5,050,000
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$3,810,000
Assessed improvement
$1,240,000
Applied tax rate
8.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
12,420 SF
Lot
0.7 ac (30,379 SF)
Zoning code
IDM*
APN
8762-001-002
UPID
US09-9177146
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
IDM* · City Of Industry, CA
Zoning IDM* · permitted uses
IDM* · City Of Industry, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
City Of Industry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.5M
RESTAURANT
Est. value
$6.1M
MEDICAL BUILDING
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$4.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$4.5M
OFFICE BUILDING
Est. value
$3.8M
RETAIL STORES
Est. value
$3.6M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
Aet Investments LLC
Entity
Mailing address
1180 WRIGHT WAY, CITY OF INDUSTRY, CA 91748-2321
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 22, 2023
$5,050,000
Aet Investments LLC
Wright Walnut Owner LLC
Grant Deed
$4,292,500 · First Citizens Bank & Trust Co
Jan 8, 2020
—
Jeunique Industrial Park LLC
—
Loan Modification
related
$4,340,000 · First Bk
Jun 25, 2019
—
Jeunique Industrial Park LLC
—
Deed
related
$950,000 · First Bk
Aug 21, 2018
—
Jeunique Industrial Park LLC
—
Deed
related
$950,000 · First Bank
Mar 9, 2011
—
Nobbs Family Trust
Nobbs,mulford J
Affidavit Of Death
—
Mar 3, 2011
—
Jeunique Industrial Park LLC
Rand Sperry
Grant Deed
$3,100,000 · Chinatrust Bank U S A
Jan 13, 1989
$72,500
Mulford J Nobbs
Dunobs
Grant Deed
related
—
—
—
Jeunique Industrial Park LLC
—
Loan Modification
related
$950,000 · First Bk
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.
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