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Property profile & analytics
OFF-MARKET
Estimated value
$1,125,000
Warehouses
1501 Railroad St Glendale, CA 91204-2774
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0409489
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
5,780 SF
Lot
0.19 ac (8,225 SF)
Zoning code
GLM1
APN
5640-042-005
UPID
US10-0409489
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
-
ServiceMaster Fire & Water Restoration by S&R Hardware & Home Improvement Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.26M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.13M
Owner & transaction history
Bisbano,carl Trust 1 · 8 yrs held
Bisbano,carl Trust 1
since 2018
7 recorded transactions
Zoning & alternative use
GLM1 · Glendale, 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 Glendale submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendale 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,365,000
6.5%
$1,260,000
7%
$1,170,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,700,000
Current use
Blend value · Realmo final
$1.13M
Range $1.01M – $1.24M · ±10%
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
$195 / 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
$15,349
Tax year 2024
Assessed value
$1,352,078
Assessed 2024
Previous assessed
$1,352,078
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$765,984
Assessed improvement
$586,094
Applied tax rate
11.0000
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
5,780 SF
Lot
0.19 ac (8,225 SF)
Zoning code
GLM1
APN
5640-042-005
UPID
US10-0409489
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GLM1 · Glendale, CA
Zoning GLM1 · permitted uses
GLM1 · Glendale, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendale. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
WAREHOUSE, STORAGE Current
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Bisbano,carl Trust 1
Trust
Mailing address
1806 W RIVERSIDE DR, BURBANK, CA 91506-2923
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Feb 1, 2018
—
Bisbano,carl Trust 1
Trainor Roger & Martha Trust
Quit Claim Deed
related
—
Jun 10, 2016
—
Carl Bisbano
Trainor,roger J
Affidavit Of Death
—
Jun 9, 2015
—
Trainor,roger & Martha Trust
Trainor R & M Family Trust
Quit Claim Deed
related
—
Oct 25, 2012
$2,000,000
Trainor R & M Family Trust
Lang C & J Family Trust
Grant Deed
—
Mar 16, 2006
—
Lang Chris & Joy Family Trust
Lang,chris & Joy B
Quit Claim Deed
related
—
Sep 24, 2004
—
Lang Chris & Joy Trust
Lang,chris & Joy B
Quit Claim Deed
related
$500,000 · Quaker City Bank
Jul 27, 1995
—
Chris Lang
Lang,c & J B Trustees
Quit Claim Deed
related
—
Oct 13, 1989
$318,000
Chris S Lang
Hopki
Grant Deed
$150,000 · Valley Bank
—
—
Chris Lang
—
Deed Of Trust
related
$620,000 · Quaker City Federal S & L
—
—
Chris Lang
—
Deed Of Trust
related
$475,000 · Metrobank
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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