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Property profile & analytics
OFF-MARKET
Estimated value
$22,205,000
Office buildings
24303 Town Ctr Dr Valencia, CA 91355-0908
Entity Owned
9-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-8002828
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING (MULTI-STORY)
Year built
2000
Construction
STEEL FRAME
Total area
78,110 SF
Lot
0.73 ac (31,804 SF)
Zoning code
SCCR
APN
2861-058-063
UPID
US09-8002828
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
$16.90M
Comparable Approach
Comparable
$24.28M
Blend (final)
Blend
$22.21M
Owner & transaction history
Bel Valencia LLC · 9 yrs held
Bel Valencia LLC
since 2017
7 recorded transactions
Zoning & alternative use
SCCR · Valencia, 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 Valencia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valencia 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%
$18,300,000
6.5%
$16,895,000
7%
$15,690,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$35,505,000
Change: -7% · Conversion: Easy
RETAIL STORES
$32,285,000
Change: -15% · Conversion: Moderate
AUTO REPAIR, GARAGE
$31,825,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$22.21M
Range $19.98M – $24.43M · ±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
$284 / 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
$408,478
Tax year 2024
Assessed value
$30,175,231
Assessed 2024
Previous assessed
$30,175,231
+0.0% YoY
Effective rate
1.35%
On assessed value
Assessed land
$12,766,444
Assessed improvement
$17,408,787
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 (MULTI-STORY)
Status
Off-Market
Year built
2000
Construction
STEEL FRAME
Heating
NONE
Stories
2
Total area
78,110 SF
Lot
0.73 ac (31,804 SF)
Zoning code
SCCR
APN
2861-058-063
UPID
US09-8002828
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCCR · Valencia, CAZoning SCCR · permitted uses
SCCR · Valencia, 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
MEDICAL BUILDING
Est. value
$35.5M
RETAIL STORES
Est. value
$32.3M
AUTO REPAIR, GARAGE
Est. value
$31.8M
MEDICAL BUILDING
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
2
Lot
0.73 ac
Current owner
From public records · entity-resolved
Bel Valencia LLC
Entity
Free & Clear · 9 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
Trustees 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.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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