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Property profile & analytics
OFF-MARKET
Estimated value
$26,170,000
Warehouses
24314 The Old Rd Newhall, CA 91321-3921
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0089317
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
2018
Construction
TILT-UP CONCRETE
Total area
144,152 SF
Lot
2.39 ac (103,972 SF)
Zoning code
LCA22-A21*
APN
2826-023-023
UPID
US10-0089317
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
$21.24M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$26.17M
Owner & transaction history
Agap Newhall LLC · 5 yrs held
Agap Newhall LLC
since 2021
Last sale
$28.0M
7 recorded transactions
Zoning & alternative use
LCA22-A21* · Newhall, 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 Newhall submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Newhall 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
$27,450,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$23,005,000
6.5%
$21,235,000
7%
$19,720,000
Blend value · Realmo final
$26.17M
Range $23.55M – $28.79M · ±10% · vs last sale $28.00M (Mar 18 2021)
Last sale anchor
$28.00M
Mar 18 2021
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
$182 / 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
$374,101
Tax year 2024
Assessed value
$29,713,824
Assessed 2024
Previous assessed
$29,713,824
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$10,612,080
Assessed improvement
$19,101,744
Applied tax rate
15.0000
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
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
2
Total area
144,152 SF
Lot
2.39 ac (103,972 SF)
Zoning code
LCA22-A21*
APN
2826-023-023
UPID
US10-0089317
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA22-A21* · Newhall, CA
Zoning LCA22-A21* · permitted uses
LCA22-A21* · Newhall, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Newhall. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2018
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
2
Lot
2.39 ac
Current owner
From public records · entity-resolved
Agap Newhall LLC
Entity
Mailing address
150 E 52ND ST32NDFL, NEW YORK, NY 10022-6017
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 16, 2024
—
Agap Newhall LLC
—
Deed
related
—
Mar 18, 2021
$280,000
Agap Newhall LLC
Wc Newhall LLC
Grant Deed
—
Jun 26, 2019
—
Wc Newhall LLC
—
Loan Modification
related
$15,680,000 · Tcf Nat'l Bk
Oct 3, 2016
—
Wc Newhall LLC
—
Deed
related
$13,345,000 · Tcf National Bank
May 16, 2016
$2,400,000
Wc Newhall LLC
Lovingood,michael
Grant Deed
—
—
—
Michael E Lovingood
—
Deed Of Trust
related
$350,000 · Dana Harriet Trust (pt)
—
—
Michael Lovingood
—
Deed Of Trust
related
$12,300 · Us Small Business Admn
—
—
Michael Lovingood
—
Deed Of Trust
related
$224,500 · Us Small Business Admn
—
—
Michael Lovingood
—
Deed Of Trust
related
$47,900 · Us Small Business Admn
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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