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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    18649 Via Princessa Santa Clarita, CA 91387-4935

    • Individual retail properties
    • 120,186 SF
    • 12.31 lot acres
    OFF-MARKET
    Value Estimations
    $18,230,000
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-9952298
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Costco Pharmacy / Pharmacy
    • Costco Food Court / Restaurant
    • Costco Wholesale / Big Box & Wholesale Store / Discount Store
    • Costco Vision Center / Ophthalmologist / (Bike/Boat/Book/etc) Store
    • Costco Hearing Aids Center / Hearing Aid Store

    Property Details for 18649 Via Princessa

    Year built
    1991
    Construction
    TILT-UP CONCRETE
    Lot size
    12.31 lot acres
    Property size
    120,186 SF
    Zone code
    SCCC
    Property type
    Individual retail properties
    APN
    2842-026-058
    APU
    2842026058

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Clarita
    County
    Los Angeles
    State
    California
    Longitude
    -118.461
    Latitude
    34.4043
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $333,223
    $10,585,816
    $10,551,859
    $21,137,675
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $11,630,000
      25,382 SF

      18645 Via Princessa

      GYM, HEALTH SPA • 25,382 SF
      18645 Via Princessa, Santa Clarita, CA 91387-4935
      View Details
    • Value Estimation by Request
      12,960 SF

      17734 Sierra Hwy

      Lifestyle centers • 12,960 SF
      17734 Sierra Hwy, Santa Clarita, CA 91387
      View Details
    • Value Estimation
      $1,310,000
      6,704 SF

      16404 Delone St

      RETAIL STORES (PERSONAL SERVICES) • 6,704 SF
      16404 Delone St, Santa Clarita, CA 91387-5312
      View Details
    • Value Estimation
      $1,350,000
      6,283 SF

      16507 Soledad Cyn Rd

      RETAIL STORES (PERSONAL SERVICES) • 6,283 SF
      16507 Soledad Cyn Rd, Santa Clarita, CA 91387-3269
      View Details
    • Value Estimation
      $640,000
      3,600 SF

      18316 Soledad Cyn Rd

      RETAIL STORES (PERSONAL SERVICES) • 3,600 SF
      18316 Soledad Cyn Rd, Santa Clarita, CA 91387-3035
      View Details
    • Value Estimation by Request
      15,869 SF

      18760-18796 Flying Tiger Dr

      Individual retail properties • 15,869 SF
      18760-18796 Flying Tiger Dr, Santa Clarita, CA 91387
      View Details

    Similar Nearby for Sale

    • $275,000

      Established Bakery in Santa Clarita

      Well-established bakery serving Armenian baked goods with loyal customer base.
      16507 Soledad Cyn Rd Rd, Santa Clarita, CA 91387
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    • $275,000

      Established Bakery in Santa Clarita

      Well-established bakery serving Armenian baked goods with loyal customer base.
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    • $3,999,999
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      Sierra Hwy Center: Prime Investment

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      17734 Sierra Hwy, Santa Clarita, CA 91387
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    • $2,350,000
      5,265 SF

      Canyon Country Multifamily Investment Opportunity

      Value-add 8-unit apartment building on a large lot.
      17717 Scherzinger Ln, Canyon Country, CA 91387
      View Details
    • $150,000

      Santa Clarita Residential Land

      3.4 acres of residential land near development.
      17930 Scherzinger Ln, Santa Clarita, CA 91387
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    • $79,000

      Canyon Country Vacant Land Parcel

      4.67 acre vacant land in Canyon Country, California.
      Ridge View Dr, Canyon Country, CA 91387
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    Similar Nearby for Lease

    • $22 SF/Yr
      15,869 SF

      Santa Clarita Retail Space for Lease

      Prime Santa Clarita location, multiple suites available.
      18760-18796 Flying Tiger Dr, Santa Clarita, CA 91387
      View Details
    • Contact for pricing
      17,000 SF

      Canyon Country Retail Space Available

      Upscale live-work community with over 165,000 SF retail space.
      27651 Lincoln Pl, Canyon Country, CA 91387
      View Details
    • $5,250 /Mo
      2,800 SF

      Santa Clarita Warehouse with Large Lot

      Warehouse with large lot, suitable for storage and distribution.
      Country Placerita Cyn Rd Cyn, Santa Clarita, CA 91387
      View Details

    Property Visit Statistics

    • Visits by month
      232.6k
    • Visitors by month
      138.9k
    • Avg Time on site
      40 min
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    Santa Clarita, CA 91387-4935
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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