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Property profile & analytics
OFF-MARKET
Estimated value
$12,350,000
Manufacturing properties
15650 Salt Lk Ave City Of Industry, CA 91745-1114
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-8084520
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1973
Construction
TILT-UP CONCRETE
Total area
110,075 SF
Lot
5.7 ac (248,302 SF)
Zoning code
IDM*
APN
8208-020-033
UPID
US09-8084520
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.35M
Owner & transaction history
Bpp Shiraz Park Bc LP · 8 yrs held
Bpp Shiraz Park Bc LP
since 2017
7 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$112 / 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
$179,022
Tax year 2024
Assessed value
$13,356,586
Assessed 2024
Previous assessed
$13,356,586
+0.0% YoY
Effective rate
1.34%
On assessed value
Assessed land
$9,013,392
Assessed improvement
$4,343,194
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
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
9
Total area
110,075 SF
Lot
5.7 ac (248,302 SF)
Zoning code
IDM*
APN
8208-020-033
UPID
US09-8084520
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
Building & site characteristics
From public records
Year built
1973
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Bathrooms
9
Lot
5.7 ac
Current owner
From public records · entity-resolved
Bpp Shiraz Park Bc LP
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 2, 2022
—
Bpp Shiraz Park A LP
—
Deed
related
$187,000,000 · Tiaa Fsb Holdings INC
Nov 16, 2020
—
Bpp Shiraz Park A LP
—
Deed
related
$187,000,000 · Miscellaneous Ins Co
Feb 12, 2019
—
Bpp Shiraz Park A LP
—
Grant Deed
related
$177,000,000 · Miscellaneous Ins Co
Oct 6, 2017
$19,781,000
Bpp Shiraz Park Bc LP
Industrial Park C I-b LLC
Grant Deed
—
Sep 18, 2017
$6,777,500
Industrial Park C Sub B Exchan
Majestic Realty Co
Grant Deed
—
Sep 18, 2017
—
Majestic Realty Co
—
Loan Modification
related
$16,268,150 · Miscellaneous Ins Co
Sep 2, 2011
—
Majestic Realty Co
—
Deed Of Trust
related
$16,268,150 · Prudential Insurance Co
Dec 5, 2005
—
Principal R/e Portfolio INC
Patrician Associates INC
Grant Deed
—
Dec 1, 2005
—
Principal R/e Holding Co LLC
Principal Life Insurance
Quit Claim Deed
—
Nov 30, 2005
—
Principal Life Insurance Co
Pfg Industrial Park C
Grant Deed
—
Oct 13, 1971
—
Patrician Associates INC & Majestic
—
Grant Deed
related
—
—
—
Majestic Realty Co
—
Deed Of Trust
related
$3,865,000 · Sunamerica Life Insurance Co
—
—
Bpp Shiraz Park A LP
—
Loan Modification
related
$187,000,000 · Miscellaneous Ins Co
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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