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Property profile & analytics
OFF-MARKET
Estimated value
$51,550,000
Distribution centers
2300 Pellissier Pl, City Of Industry, CA 90601-1500
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7598311
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
1969
Construction
TILT-UP CONCRETE
Total area
230,480 SF
Lot
11.61 ac (505,560 SF)
Zoning code
IDM*
APN
8125-018-039
UPID
US09-7598311
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
$46.14M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$51.55M
Owner & transaction history
Los Angeles Regional Food Bank · 5 yrs held
Los Angeles Regional Food Bank
since 2020
Last sale
$52.1M
7 recorded transactions
Zoning & alternative use
IDM* · City Of Industry, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$83.5M
+29.4%
Office building
$70.9M
+9.8%
Retail stores
$67.5M
+4.5%
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
$55,865,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$49,985,000
6.5%
$46,140,000
7%
$42,845,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$64,555,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$83,510,000
Change: +29% · Conversion: Moderate
OFFICE BUILDING
$70,860,000
Change: +10% · Conversion: Difficult
RETAIL STORES
$67,490,000
Change: +5% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$58,350,000
Change: -10% · Conversion: Easy
Blend value · Realmo final
$51.55M
Range $46.40M – $56.71M · ±10% · vs last sale $52.10M (Aug 5 2020)
Last sale anchor
$52.10M
Aug 5 2020
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
$224 / 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
$31,017
Tax year 2024
Assessed value
$55,288,936
Assessed 2024
Previous assessed
$55,288,936
+0.0% YoY
Effective rate
0.06%
On assessed value
Assessed land
$42,448,320
Assessed improvement
$12,840,616
Applied tax rate
9.0000
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
230,480 SF
Lot
11.61 ac (505,560 SF)
Zoning code
IDM*
APN
8125-018-039
UPID
US09-7598311
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
IDM* · City Of Industry, CA
Zoning 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
City Of Industry. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$64.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$83.5M
OFFICE BUILDING
Est. value
$70.9M
RETAIL STORES
Est. value
$67.5M
INDUSTRIAL (GENERAL)
Est. value
$58.4M
WAREHOUSE, STORAGE Current
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
11.61 ac
Current owner
From public records · entity-resolved
Los Angeles Regional Food Bank
Entity
Mailing address
1734 E 41ST ST, VERNON, CA 90058-1502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 11, 2020
—
Los Angeles Regional Food Bank
—
Deed
related
$34,500,000 · Farmers & Merchants Bk/lng Bch
Aug 5, 2020
$52,100,000
Los Angeles Regional Food Bank
Haralambos Leasing Co
Grant Deed
$33,865 · Farmers & Merchants Bk/lng Bch
Mar 15, 2000
—
Industry Cy
Haralambos Leasing,
Grant Deed
related
—
Jun 15, 1999
—
Haralambos Leasing Co
Izci LLC
Grant Deed
$9,750,000 · Union Bank Of California
—
—
Haralambos Leasing Co
—
Deed Of Trust
related
$7,000,000 · Union Bank Of California
—
—
Los Angeles Regional Food Bank
—
Deed Of Trust
related
$34,500,000 · Farmers & Merchants Bk/lng Bch
—
—
Izpp LLC
—
Deed Of Trust
related
$24,390,000 · Key Bank NA
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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