Entity Owned Property summary
AI-generated overview
This exceptional 180,269-square-foot warehouse, located at 18500 Crenshaw Boulevard in Torrance, California, presents a significant opportunity for businesses seeking expansive industrial space. Built in 1999 and renovated in 2017, the property sits on a substantial 7.58 acres of land within Los Angeles County, zip code 90504. The warehouse boasts a generous 29-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by six loading docks and five dock-high doors, complemented by one drive-in door for added flexibility. Ample parking is available with 416 spaces. The property features a robust power supply of 3000 amps, 277/480v/3 phase, and includes elevators for efficient vertical transportation. Currently, the entire 180,269 square feet is vacant, making it an ideal space for a single tenant to customize and occupy. This property offers a unique combination of size, location, and modern amenities, making it an attractive option for a variety of industrial operations. The property is situated in Torrance, CA, offering convenient access to major transportation arteries and a thriving business community.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
TILT-UP CONCRETE
Total area
155,099 SF
Lot
7.73 ac (336,932 SF)
Zoning code
TOMI-HVY
APN
4090-021-052
UPID
US09-9132730
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Advertising Agency Marketing & Advertising
-
Marketing & Advertising (Bike/Boat/Book/etc) Store
-
Advertising Agency Marketing & Advertising
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$36.00M
Comparable Approach
Comparable
$51.16M
Blend (final)
Blend
$49.29M
Owner & transaction history
since 2024
Last sale
$55.0M
2 recorded transactions
Zoning & alternative use
TOMI-HVY · Torrance, CA
Top alternative use upside
Auto repair, garage
$71.7M
+15.3%
Medical building
$70.5M
+13.3%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$49.29M
Value range
$44.36M – $54.22M
±10% around blend
Estimated value / SF
$318 / SF
Confidence
High
6 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
60
$44.36M
blend $49.29M
$54.22M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
155,099 SF
Lot area
7.73 ac
Year built
1999
APN
4090-021-052
Zoning
TOMI-HVY
Assessed value
$15,332,877
Annual tax
$185,268
3
Income approach: direct capitalization
Partial preview
Income approach indication
$36.00M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$39.00M
@ 6.5% CAP return
$36.00M
@ 7% CAP return
$33.43M
4
Sales comparison
Partial preview
Sales approach indication
$44.09M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
5.3 mi away · 150,080 SF
17.2 mi away · 194,481 SF
26.1 mi away · 199,164 SF
26.2 mi away · 160,000 SF
39.3 mi away · 171,309 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$49.29M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 57 sales
$401
-21%
County 1878 sales
$294
+8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $318/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Auto Repair, Garage
Gross theoretical uplift
+15%
vs current-use indication
Medical Building
Warehouse, Storage · current use
Retail Stores
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Modeled
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: income and sales evidence cover the value conclusion.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$55.00M
Move the market yield to see immediate price impact.
Value / SF
$355
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$3.47M
$69.30M
$49.50M
$38.50M
$3.85M
$77.00M
$55.00M
$42.78M
$4.24M
$84.70M
$60.50M
$47.06M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$47.00M
5.3 mi · Nov 2025 · $313/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$185,268
Tax year 2024
Assessed value
$15,332,877
Assessed 2024
Previous assessed
$15,332,877
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$7,666,003
Assessed improvement
$7,666,874
Applied tax rate
9.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
155,099 SF
Lot
7.73 ac (336,932 SF)
Zoning code
TOMI-HVY
APN
4090-021-052
UPID
US09-9132730
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
TOMI-HVY · Torrance, CAZoning TOMI-HVY · permitted uses
TOMI-HVY · Torrance, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1999
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
7.73 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
TOMI-HVY
Jurisdiction
Torrance, CA
Recorded code
TOMI-HVY
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for TOMI-HVY in Torrance, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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