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Property profile & analytics
OFF-MARKET
Estimated value
$5,260,000
Warehouses
21118 Commerce Pt Dr Walnut, CA 91789-3053
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-9155043
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1991
Construction
TILT-UP CONCRETE
Total area
8,687 SF
Lot
0.46 ac (19,853 SF)
Zoning code
LCM11/2*
APN
8760-026-035
UPID
US09-9155043
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
$5.26M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.26M
Owner & transaction history
Sun De Feng · 2 yrs held
Sun De Feng
since 2024
Last sale
$5.3M
7 recorded transactions
Zoning & alternative use
LCM11/2* · Walnut, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Industrial (general)
$6.0M
+81.8%
Restaurant
$5.7M
+72.1%
Neighborhood: shopping center
$5.3M
+60.8%
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 Walnut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walnut 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
$5,260,000
ML approach
$5,260,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$3,290,000
Current use
INDUSTRIAL (GENERAL)
$5,975,000
Change: +82% · Conversion: Easy
RESTAURANT
$5,655,000
Change: +72% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$5,285,000
Change: +61% · Conversion: Moderate
AUTO REPAIR, GARAGE
$4,020,000
Change: +22% · Conversion: Easy
MEDICAL BUILDING
$3,950,000
Change: +20% · Conversion: Difficult
OFFICE BUILDING
$3,895,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$3,330,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$5.26M
Range $4.73M – $5.79M · ±10% · vs last sale $5.26M (Apr 3 2024)
Last sale anchor
$5.26M
Apr 3 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
$606 / 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
$14,663
Tax year 2024
Assessed value
$1,069,621
Assessed 2024
Previous assessed
$1,069,621
+0.0% YoY
Effective rate
1.37%
On assessed value
Assessed land
$434,910
Assessed improvement
$634,711
Applied tax rate
11.0000
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
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,687 SF
Lot
0.46 ac (19,853 SF)
Zoning code
LCM11/2*
APN
8760-026-035
UPID
US09-9155043
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCM11/2* · Walnut, CA
Zoning LCM11/2* · permitted uses
LCM11/2* · Walnut, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Walnut. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$3.3M
INDUSTRIAL (GENERAL)
Est. value
$6.0M
RESTAURANT
Est. value
$5.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.3M
AUTO REPAIR, GARAGE
Est. value
$4.0M
MEDICAL BUILDING
Est. value
$4.0M
OFFICE BUILDING
Est. value
$3.9M
RETAIL STORES
Est. value
$3.3M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1991
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Sun De Feng
Individual
Mailing address
2226 AVENIDA LAS RAMBLAS, CHINO HILLS, CA 91709-1362
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
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 3, 2024
—
Sun De Feng
Sun De Feng
Intrafamily Transfer
related
—
Apr 2, 2024
—
Sun De Feng
Sun De Feng
Intrafamily Transfer
related
—
Nov 30, 2005
—
Sun De F 2005 Trust
Sun,de F
Quit Claim Deed
related
—
Oct 23, 1997
—
De F Sun
Sun,d F
Quit Claim Deed
related
—
Apr 3, 1995
—
De F Sun
Wen,j
Quit Claim Deed
related
—
Nov 15, 1990
$5,258,000
Ellis Sloan Properties Industry
Unknown
Grant Deed
—
—
—
De F Sun
—
Deed Of Trust
related
$250,000 · International Bank
—
—
Jie W Wen
—
Deed Of Trust
related
$380,000 · United National Bank
—
—
De Feng Sun
—
Deed Of Trust
related
$350,000 · International Bank
—
—
De Feng Sun
—
Deed Of Trust
related
$150,000 · International Bank California
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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