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Property profile & analytics
OFF-MARKET
Estimated value
$49,325,000
Manufacturing properties
14724 Proctor Ave City Of Industry, CA 91746-3202
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8037714
Property profile
Verified
Property type
Manufacturing properties
Use group
HEAVY MANUFACTURING
Year built
1969
Construction
WOOD
Total area
230,471 SF
Lot
0.51 ac (22,360 SF)
Zoning code
IDM*
APN
8208-003-017
UPID
US09-8037714
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
by Request
CAP Approach
CAP
$41.44M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$49.33M
Owner & transaction history
Duke Realty Proctor LP · 4 yrs held
Duke Realty Proctor LP
since 2022
Last sale
$54.1M
2 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$70.9M
+40.3%
Retail stores
$67.5M
+33.6%
Apartment house (5+ units)
$57.0M
+12.9%
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
$47,665,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$44,890,000
6.5%
$41,435,000
7%
$38,475,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$50,505,000
Current use
OFFICE BUILDING
$70,860,000
Change: +40% · Conversion: Difficult
RETAIL STORES
$67,490,000
Change: +34% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$57,000,000
Change: +13% · Conversion: Difficult
Blend value · Realmo final
$49.33M
Range $44.39M – $54.26M · ±10% · vs last sale $54.10M (Apr 22 2022)
Last sale anchor
$54.10M
Apr 22 2022
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
$214 / 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
$689,352
Tax year 2024
Assessed value
$56,285,640
Assessed 2024
Previous assessed
$56,285,640
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$26,010,000
Assessed improvement
$30,275,640
Applied tax rate
4.0000
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
Manufacturing properties
Use group
HEAVY MANUFACTURING
Status
Off-Market
Year built
1969
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
1
Total area
230,471 SF
Lot
0.51 ac (22,360 SF)
Zoning code
IDM*
APN
8208-003-017
UPID
US09-8037714
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
IDM* · City Of Industry, CAZoning 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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$50.5M
OFFICE BUILDING
Est. value
$70.9M
RETAIL STORES
Est. value
$67.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$57.0M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1969
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
1
Lot
0.51 ac
Current owner
From public records · entity-resolved
Duke Realty Proctor LP
Entity
Free & Clear · 4 yrs held
Mailing address
60 STATE ST STE #2200, BOSTON, MA 02109-1884
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 22, 2022
$54,100,000
Duke Realty Proctor LP
Eighth & Proctor LLC
Grant Deed
—
Sep 12, 1997
—
Eighth Proctor
Eighth Proctor Inv,
Quit Claim Deed
related
—
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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