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Property profile & analytics
OFF-MARKET
Estimated value
$9,140,000
Retail properties & Spaces
24945 Pico Cyn Rd Stevenson Ranch, CA 91381-1708
Entity Owned
10-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9928938
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1996
Construction
TILT-UP CONCRETE
Total area
35,000 SF
Lot
2.68 ac (116,923 SF)
Zoning code
LCA2
APN
2826-085-130
UPID
US09-9928938
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
$8.67M
Comparable Approach
Comparable
$5.95M
Blend (final)
Blend
$9.14M
Owner & transaction history
Ivt Stevenson Ranch Plaza LLC · 10 yrs held
Ivt Stevenson Ranch Plaza LLC
since 2016
3 recorded transactions
Zoning & alternative use
LCA2 · Stevenson Ranch, 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 Stevenson Ranch submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Stevenson Ranch 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%
$9,385,000
6.5%
$8,665,000
7%
$8,045,000
Alternative Use
Use
Estimation
RETAIL STORES
$14,465,000
Current use
AUTO REPAIR, GARAGE
$14,260,000
Change: -1% · Conversion: Difficult
OFFICE BUILDING
$13,875,000
Change: -4% · Conversion: Easy
Blend value · Realmo final
$9.14M
Range $8.23M – $10.05M · ±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
$261 / 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
$231,223
Tax year 2024
Assessed value
$15,783,965
Assessed 2024
Previous assessed
$15,783,965
+0.0% YoY
Effective rate
1.46%
On assessed value
Assessed land
$4,990,517
Assessed improvement
$10,793,448
Applied tax rate
12.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
35,000 SF
Lot
2.68 ac (116,923 SF)
Zoning code
LCA2
APN
2826-085-130
UPID
US09-9928938
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA2 · Stevenson Ranch, CA
Zoning LCA2 · permitted uses
LCA2 · Stevenson Ranch, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Stevenson Ranch. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$14.5M
AUTO REPAIR, GARAGE
Est. value
$14.3M
OFFICE BUILDING
Est. value
$13.9M
RETAIL STORES Current
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1996
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
2.68 ac
Current owner
From public records · entity-resolved
Ivt Stevenson Ranch Plaza LLC
Entity
Free & Clear · 10 yrs held
Mailing address
2809 BUTTERFIELD RD STE #200, OAK BROOK, IL 60523-1195
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 18, 2016
$57,200
Ivt Stevenson Ranch Plaza LLC
He Danielli LLC
Grant Deed
—
Feb 25, 1999
—
H E Danielli LLC
—
Deed Of Trust
related
—
Feb 1, 1999
—
Nugit,meyer Tr Et Al
—
Deed Of Trust
related
—
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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