New search
Property profile & analytics
OFF-MARKET
Estimated value
$33,935,000
Office buildings
24200 Magic Mtn Pkwy, Santa Clarita, CA 91355-1283
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8417163
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2000
Construction
STEEL FRAME
Total area
131,425 SF
Lot
0.82 ac (35,812 SF)
Zoning code
SCCR
APN
2861-058-061
UPID
US09-8417163
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
-
Merrill Lynch Financial Advisor Robyn L Lawhon Financial Advisor
-
Nicholas Araujo at JohnHart Real Estate Real Estate Agency
-
Rosa Hovis with JohnHart Real Estate Real Estate Agency
-
Carlos Arriaga at JohnHart Real Estate Real Estate Agency
-
Merrill Lynch Financial Advisor Kammie J Larsen Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.43M
Comparable Approach
Comparable
$34.56M
Blend (final)
Blend
$33.94M
Owner & transaction history
Bel Valencia LLC · 8 yrs held
Bel Valencia LLC
since 2017
7 recorded transactions
Zoning & alternative use
SCCR · Santa Clarita, 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 Santa Clarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clarita 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%
$30,795,000
6.5%
$28,425,000
7%
$26,395,000
Alternative Use
Use
Estimation
RETAIL STORES
$54,325,000
Change: -15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$53,550,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$33.94M
Range $30.54M – $37.33M · ±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
$258 / 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
$571,492
Tax year 2024
Assessed value
$42,941,679
Assessed 2024
Previous assessed
$42,941,679
+0.0% YoY
Effective rate
1.33%
On assessed value
Assessed land
$13,927,030
Assessed improvement
$29,014,649
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Stories
5
Total area
131,425 SF
Lot
0.82 ac (35,812 SF)
Zoning code
SCCR
APN
2861-058-061
UPID
US09-8417163
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCCR · Santa Clarita, CA
Zoning SCCR · permitted uses
SCCR · Santa Clarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clarita. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES
Est. value
$54.3M
AUTO REPAIR, GARAGE
Est. value
$53.6M
RETAIL STORES
AUTO REPAIR, GARAGE
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
2000
Construction
STEEL FRAME
Heating
NONE
Stories
5
Lot
0.82 ac
Current owner
From public records · entity-resolved
Bel Valencia LLC
Entity
Free & Clear · 8 yrs held
Mailing address
800 BRICKELL AVE STE #701, MIAMI, FL 33131-2967
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
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 13, 2017
—
Akf3 Valencia LLC
—
Grant Deed
related
$58,000,000 · Deutsche Bk Ag/ny Branch
Jul 12, 2017
$5,415,000
Bel Valencia LLC
Pfi Valencia LLC
Grant Deed
—
May 9, 2016
—
Pfi Valencia LLC
—
Deed
related
$1,500,000 · Valencia Town Center
Apr 26, 2016
$52,000,000
Pfi Valencia LLC
Vtc Business Center LLC
Grant Deed
$46,300,000 · * Other Institutional Lenders
Jul 3, 2007
$157,215,000
Vtc Business Center LLC
Csdv
Grant Deed
—
—
—
Pfi Valencia LLC
—
Deed Of Trust
related
$1,500,000 · Valencia Town Center
—
—
Pfi Valencia LLC
—
Loan Modification
related
$63,225,000 · * Other Institutional Lenders
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 24200 Magic Mtn Pkwy?
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.
