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24909 Pico Canyon Rd, Stevenson Ranch, CA 91381
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Property summary
AI-generated overview
This exceptional retail property, Stevenson Ranch Plaza, offers 187,035 square feet of commercial space situated on a generous 18.79-acre lot in the desirable Stevenson Ranch area of Los Angeles County, California. The property is comprised of three suites, providing multiple leasing options to suit various business needs. Available space ranges from a minimum of 1,200 square feet to a maximum contiguous space of 7,800 square feet, offering flexibility for a variety of tenants. Currently, there are 12,775 square feet of vacant space ready for immediate occupancy. The property's address is 24909 Pico Canyon Rd, Stevenson Ranch, CA 91381. Its strategic location within Los Angeles County provides excellent access to a thriving community and significant consumer base. This is an unparalleled opportunity to establish or expand your business in a high-demand retail location. The property's size and layout offer significant potential for a variety of retail uses. Contact us today to learn more about this exceptional opportunity to secure prime retail space in Stevenson Ranch. The property is zoned for commercial use and offers ample parking for customers and employees. This is a rare opportunity to lease space in a well-maintained and highly visible retail center.
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1996
Construction
WOOD
Total area
2,030 SF
Lot
0.64 ac (27,869 SF)
Zoning code
LCA2
APN
2826-085-012
UPID
US09-9928943
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Hardware & Home Improvement HVAC Service
-
Restaurant Take-out & Catering
-
Electric Vehicle Charging Station
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$370k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$350k
Owner & transaction history
since 2007
2 recorded transactions
Zoning & alternative use
LCA2 · Stevenson Ranch, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 23 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$350k
Value range
$315k – $385k
±10% around blend
Estimated value / SF
$172 / SF
Confidence
High
23 county-verified comps
Property data
88
Market benchmarks
33
Comparable evidence
100
$315k
blend $350k
$385k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,030 SF
Lot area
0.64 ac
Year built
1996
APN
2826-085-012
Zoning
LCA2
Assessed value
$1,536,076
Annual tax
$27,332
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.95M
Weighted, 20 comps · high confidence
Evidence
23 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.7 mi away · 2,229 SF
15.0 mi away · 2,520 SF
23.2 mi away · 1,840 SF
26.5 mi away · 2,495 SF
26.8 mi away · 1,600 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$350k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 934 sales
$651
-74%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $172/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 23 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.54M
Move the market yield to see immediate price impact.
Value / SF
$757
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$97k
$1.94M
$1.38M
$1.08M
$108k
$2.15M
$1.54M
$1.19M
$118k
$2.37M
$1.69M
$1.31M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
23 found
High confidence · county-verified
Closest comparable
$2.00M
1.2 mi · Jan 2026 · $1,066/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$27,332
Tax year 2024
Assessed value
$1,536,076
Assessed 2024
Previous assessed
$1,536,076
+0.0% YoY
Effective rate
1.78%
On assessed value
Assessed land
$1,197,573
Assessed improvement
$338,503
Applied tax rate
12.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Turn key restaurants
Use group
RESTAURANT
Status
For Lease
Year built
1996
Construction
WOOD
Heating
NONE
Cooling
OTHER
Units
1
Total area
2,030 SF
Lot
0.64 ac (27,869 SF)
Zoning code
LCA2
APN
2826-085-012
UPID
US09-9928943
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA2 · Stevenson Ranch, CAZoning LCA2 · permitted uses
LCA2 · Stevenson Ranch, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1996
Construction
WOOD
Heating
NONE
Cooling
Yes
Units
1
Lot
0.64 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
LCA2
Jurisdiction
Stevenson Ranch, CA
Recorded code
LCA2
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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