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Property profile & analytics
OFF-MARKET
Estimated value
$3,880,000
Warehouses
2505 Folex Way Spring Valley, CA 91978-2038
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-7897772
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2005
Total area
19,213 SF
Lot
1.64 ac (71,438 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
505-720-18-00
UPID
US09-7897772
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
-
Folex Co General Contractor Carpet & Flooring Store
-
ShadePro Inc. Building Supply Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.11M
Comparable Approach
Comparable
$3.45M
Blend (final)
Blend
$3.88M
Owner & transaction history
Sx3 LLC · 10 yrs held
Sx3 LLC
since 2016
5 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, 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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring Valley 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%
$4,450,000
6.5%
$4,105,000
7%
$3,815,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$6,400,000
Current use
INDUSTRIAL (GENERAL)
$5,235,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$3.88M
Range $3.49M – $4.27M · ±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
$202 / 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
$41,592
Tax year 2024
Assessed value
$3,481,752
Assessed 2024
Previous assessed
$3,481,752
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$1,160,583
Assessed improvement
$2,321,169
Applied tax rate
83.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
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
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2005
Heating
NONE
Units
1
Total area
19,213 SF
Lot
1.64 ac (71,438 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
505-720-18-00
UPID
US09-7897772
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$6.4M
INDUSTRIAL (GENERAL)
Est. value
$5.2M
WAREHOUSE, STORAGE Current
INDUSTRIAL (GENERAL)
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
2005
Heating
NONE
Units
1
Lot
1.64 ac
Current owner
From public records · entity-resolved
Sx3 LLC
Entity
Mailing address
456 SANDLER CT, ALPINE, CA 91901-1472
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
Sx3 LLC
—
Deed
related
$2,000,000 · Wells Fargo Bank NA
Nov 18, 2020
—
Sx3 LLC
—
Deed
related
$2,630,000 · Zb NA
Jun 17, 2016
$3,000,000
Sx3 LLC
Bartish LLC
Grant Deed
$3,023,700 · Wells Fargo Bank NA
Apr 2, 2008
$2,525,000
Bartrish LLC
Rdh Chemical
Grant Deed
$1,775,813 · Bank Of The West
—
—
Folex Co
—
Deed Of Trust
related
$1,900,000 · Community First National Bank
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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