Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$13,150,000
Manufacturing properties
200 Railroad Ave Monrovia, CA 91016-4643
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9146278
Property summary
AI-generated overview
This exceptional 64,183-square-foot industrial property, located at 200 Railroad Ave in Monrovia, CA 91016, presents a significant opportunity. The single-tenant building sits on a 3.16-acre lot and features one story, nine loading docks, and two dock-high doors. Ample parking is available with 134 spaces. The property boasts 2000 amps of 480v power (verification recommended). The building is currently vacant and ready for immediate occupancy. Its location in Los Angeles County offers excellent access to major transportation routes, making it ideal for distribution and manufacturing operations. The property's size and features make it suitable for a variety of industrial uses. The previous occupant was a long-standing manufacturer of specialized products for marine, military, and first responder applications, holding ISO9001 and AS9100D certifications. This well-maintained facility is ready for its next chapter, offering a substantial space for a growing business. The property's strategic location and robust infrastructure provide a solid foundation for success. Serious inquiries only.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1957
Construction
TILT-UP CONCRETE
Total area
64,183 SF
Lot
2.06 ac (89,646 SF)
Zoning code
MOM*
APN
8513-011-036
UPID
US09-9146278
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
Current use
Occupant on record · Public records
-
Vinyl Technology Inc Factory Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$11.54M
Comparable Approach
Comparable
$15.62M
Blend (final)
Blend
$13.15M
Owner & transaction history
Avoian Property Group LP · 1 yrs held
Avoian Property Group LP
since 2024
Last sale
$12.7M
7 recorded transactions
Zoning & alternative use
MOM* · Monrovia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$19.8M
+3.0%
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 Monrovia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Monrovia 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%
$12,500,000
6.5%
$11,540,000
7%
$10,715,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$19,250,000
Current use
COMMERCIAL (GENERAL)
$19,830,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$13.15M
Range $11.84M – $14.47M · ±10% · vs last sale $12.72M (Aug 20 2024)
Last sale anchor
$12.72M
Aug 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
$205 / 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
$69,076
Tax year 2024
Assessed value
$4,390,426
Assessed 2024
Previous assessed
$4,390,426
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$1,213,581
Assessed improvement
$3,176,845
Applied tax rate
13.0000
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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
64,183 SF
Lot
2.06 ac (89,646 SF)
Zoning code
MOM*
APN
8513-011-036
UPID
US09-9146278
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
MOM* · Monrovia, CA
Zoning MOM* · permitted uses
MOM* · Monrovia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Monrovia. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$19.3M
COMMERCIAL (GENERAL)
Est. value
$19.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (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
1957
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.06 ac
Current owner
From public records · entity-resolved
Avoian Property Group LP
Entity
Mailing address
920 GRANITE DR UNIT #316, PASADENA, CA 91101-5066
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 20, 2024
$12,715,000
Avoian Property Group LP
Vti Mollura Holdings INC
Grant Deed
$1,000,000 · Jpmorgan Chase Bank NA
Jan 10, 2024
—
Vti Mollura Holdings INC
Vti Mollura Holdings INC
Intrafamily Transfer
related
—
Mar 10, 2021
—
Vinyl Technology INC
—
Deed
related
$21,000 · Comerica Bank
Dec 18, 2003
—
Vinyl Technology INC
—
Deed Of Trust
related
$1,500,000 · City National Bank
Apr 19, 1999
—
Vinyl Technology INC
—
Deed Of Trust
related
$1,500,000 · Bank Of Yorba Linda
Apr 20, 1992
$1,800,000
Vinyl Technology INC
—
Grant Deed
related
—
—
—
Vinyl Technology INC
—
Deed Of Trust
related
$600,000 · Bank Of Yorba Linda
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 200 Railroad Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
