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Property profile & analytics
FOR LEASE
Warehouses
19449 E Walnut Dr City of Industry, CA 91789
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9177148
For Lease
1 / 2
$7,000,000
19449 E Walnut Dr, City of Industry, CA 91789
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Construction
TILT-UP CONCRETE
Total area
18,884 SF
Lot
0.96 ac (41,958 SF)
Zoning code
IDM*
APN
8762-001-004
UPID
US09-9177148
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
$7.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$8.28M
Blend (final)
Blend
$7.00M
Owner & transaction history
Walnut And Wright LLC · 2 yrs held
Walnut And Wright LLC
since 2024
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$9.3M
+76.1%
Medical building
$8.6M
+62.3%
Auto repair, garage
$7.4M
+39.4%
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
Method
Estimation
Statistic approach
$7,000,000
ML approach
$7,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$5,290,000
Current use
RESTAURANT
$9,315,000
Change: +76% · Conversion: Difficult
MEDICAL BUILDING
$8,585,000
Change: +62% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,370,000
Change: +39% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$6,840,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$5,805,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$5,530,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$4,780,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$7.00M
Range $6.30M – $7.70M · ±10% · vs last sale $7.00M (May 20 2024)
Last sale anchor
$7.00M
May 20 2024
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
$371 / 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
$76,792
Tax year 2024
Assessed value
$6,120,000
Assessed 2024
Previous assessed
$6,120,000
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$3,876,000
Assessed improvement
$2,244,000
Applied tax rate
8.0000
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
For Lease
Year built
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
18,884 SF
Lot
0.96 ac (41,958 SF)
Zoning code
IDM*
APN
8762-001-004
UPID
US09-9177148
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
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$5.3M
RESTAURANT
Est. value
$9.3M
MEDICAL BUILDING
Est. value
$8.6M
AUTO REPAIR, GARAGE
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.8M
OFFICE BUILDING
Est. value
$5.8M
RETAIL STORES
Est. value
$5.5M
INDUSTRIAL (GENERAL)
Est. value
$4.8M
WAREHOUSE, STORAGE Current
RESTAURANT
MEDICAL BUILDING
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
OFFICE BUILDING
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1975
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.96 ac
Current owner
From public records · entity-resolved
Walnut And Wright LLC
Entity
Mailing address
3000 SCOTT BLVD STE #111, SANTA CLARA, CA 95054-3321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
May 20, 2024
$7,000,000
Walnut And Wright LLC
Wright Walnut Owner LLC
Grant Deed
—
Jan 8, 2020
—
Jeunique Industrial Park LLC
—
Loan Modification
related
$4,340,000 · First Bk
Jun 25, 2019
—
Jeunique Industrial Park LLC
—
Deed
related
$950,000 · First Bk
Aug 21, 2018
—
Jeunique Industrial Park LLC
—
Deed
related
$1,000,000 · First Bk
Mar 9, 2011
—
Nobbs Family Trust
Nobbs,mulford J
Affidavit Of Death
—
Mar 3, 2011
—
Jeunique Industrial Park LLC
Rand Sperry
Grant Deed
$3,100,000 · Chinatrust Bank U S A
—
—
Jeunique Industrial Park LLC
—
Loan Modification
related
$950,000 · First Bk
—
—
Jeunique Industrial Park LLC
—
Deed Of Trust
related
$1,000,000 · First Bk
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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