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Property profile & analytics
OFF-MARKET
Estimated value
$4,525,000
Retail space
18722 Colima Rd Rowland Heights, CA 91748-2961
Individually Owned
26-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-6417398
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1962
Construction
WOOD
Total area
33,340 SF
Lot
1.89 ac (82,134 SF)
Zoning code
LCC1*
APN
8272-001-055
UPID
US09-6417398
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
$5.64M
Blend (final)
Blend
$4.53M
Owner & transaction history
K Chen Cheng · 26 yrs held
K Chen Cheng
since 2000
7 recorded transactions
Zoning & alternative use
LCC1* · Rowland Heights, 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 Rowland Heights submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Rowland Heights 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$4.53M
Range $4.07M – $4.98M · ±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
$136 / 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
$56,394
Tax year 2024
Assessed value
$3,123,867
Assessed 2024
Previous assessed
$3,123,867
+0.0% YoY
Effective rate
1.81%
On assessed value
Assessed land
$1,119,536
Assessed improvement
$2,004,331
Applied tax rate
12.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1962
Construction
WOOD
Heating
NONE
Buildings
3
Stories
1
Total area
33,340 SF
Lot
1.89 ac (82,134 SF)
Zoning code
LCC1*
APN
8272-001-055
UPID
US09-6417398
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCC1* · Rowland Heights, CA
Zoning LCC1* · permitted uses
LCC1* · Rowland Heights, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Rowland Heights. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1962
Construction
WOOD
Heating
NONE
Stories
1
Buildings
3
Lot
1.89 ac
Current owner
From public records · entity-resolved
K Chen Cheng
Individual
Mailing address
10722 BEVERLY BLVD STE P, WHITTIER, CA 90601-2057
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2000
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2022
—
Rowland Height Plaza INC
—
Deed
related
$15,000,000 · First Commercial Bank USA
Oct 9, 2018
—
Rowland Height Plaza INC
—
Grant Deed
related
$5,000,000 · First Com'l Bk
Apr 9, 2002
—
Rowland Heights Plaza INC
—
Deed Of Trust
related
$2,500,000 · Hanmi Bank
Mar 31, 2000
$2,025,000
K Chen Cheng
—
Grant Deed
related
—
Apr 2, 1998
—
Road Rowland Hegihts L P Colima
Yu,k L
Deed Of Trust
related
—
May 31, 1996
—
Kenny Li
Seoul Bank California
Quit Claim Deed
related
$2,000,000 · American International Bank
—
—
Joe J Jeon
—
Deed Of Trust
related
$2,175,000 · Mechanics National Bank
—
—
Chi C Wang
—
Deed Of Trust
related
$300,000 · Individual
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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