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Property profile & analytics
OFF-MARKET
Estimated value
$3,160,000
Investment properties
24881 Railroad Ave Santa Clarita, CA 91321-1589
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-8447804
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
1985
Construction
WOOD
Total area
13,976 SF
Lot
0.62 ac (27,205 SF)
Zoning code
SCCC
APN
2855-013-054
UPID
US09-8447804
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
-
The Plumbologist Plumbing Service General Contractor
-
Reunion Committee Event Planning
-
Davinci Meeting Rooms Marketing & Advertising Event Planning
-
Law Offices of Richard L. Kotler Law Firm
-
Megarian Insurance Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.14M
CAP Approach
CAP
$2.91M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.16M
Owner & transaction history
Brady Watt · 4 yrs held
Brady Watt
since 2021
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
SCCC · Santa Clarita, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Warehouse, storage
$4.4M
+2.9%
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
$3,210,000
ML approach
$3,135,000
CAP Approach
CAP Return
Estimation
6%
$3,145,000
6.5%
$2,905,000
7%
$2,695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$4,320,000
Current use
WAREHOUSE, STORAGE
$4,445,000
Change: +3% · Conversion: Difficult
Blend value · Realmo final
$3.16M
Range $2.84M – $3.48M · ±10% · vs last sale $3.15M (Jul 26 2021)
Last sale anchor
$3.15M
Jul 26 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
$226 / 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
$47,662
Tax year 2024
Assessed value
$3,277,260
Assessed 2024
Previous assessed
$3,277,260
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$1,768,680
Assessed improvement
$1,508,580
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
NONE
Cooling
YES
Buildings
2
Stories
1
Units
10
Total area
13,976 SF
Lot
0.62 ac (27,205 SF)
Zoning code
SCCC
APN
2855-013-054
UPID
US09-8447804
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCCC · Santa Clarita, CA
Zoning SCCC · permitted uses
SCCC · 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
COMMERCIAL (GENERAL) Current
Est. value
$4.3M
WAREHOUSE, STORAGE
Est. value
$4.4M
COMMERCIAL (GENERAL) Current
WAREHOUSE, STORAGE
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
1985
Construction
WOOD
Heating
NONE
Cooling
Yes
Stories
1
Buildings
2
Units
10
Lot
0.62 ac
Current owner
From public records · entity-resolved
Brady Watt
Individual
Mailing address
PO BOX 9TH 9, ACTON, CA 93510-0009
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 26, 2021
$3,150,000
Brady Watt
Railroad Business Center LLC
Grant Deed
$500,000 · Sglc INC
Dec 11, 2015
$1,850,000
Railroad Business Center LLC
Spigno Family Trust
Grant Deed
$1,200,000 · Bank Of Santa Clarita
Apr 9, 2007
—
Spigno Family Trust
Spigno,silverio S & Marie E
Quit Claim Deed
related
—
—
—
Silverio S Spigno
—
Deed Of Trust
related
$1,100,000 · Washington Mutual Fsb
—
—
Silverio S Spigno
—
Deed Of Trust
related
$700,000 · First Valley National Bank
—
—
Spigno Family Trust
—
Deed Of Trust
related
$1,075,000 · Bank Of The West
—
—
Silverio S Spigno
—
Deed Of Trust
related
$878,000 · Affinity Bank
—
—
Silverio S Spigno
—
Deed Of Trust
related
$109,700 · 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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