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Property profile & analytics
OFF-MARKET
Estimated value
$16,315,000
Data centers and call centers
2525 Naomi St Burbank, CA 91504-3236
Entity Owned
~
Est. High Equity
Property ID
US09-6437546
Property profile
Verified
Property type
Data centers and call centers
Use group
RADIO OR TV STATION
Year built
1977
Total area
22,000 SF
Lot
1.2 ac (52,399 SF)
Zoning code
BUM2*
APN
2466-013-019
UPID
US09-6437546
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
-
XRM Media Film Production Television Studio
-
Sonic Gods Media Distribution
-
XRM Media Studios Film Production
-
Nerdist Office Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$16.32M
Owner & transaction history
Connected Ventures LLC
Connected Ventures LLC
since 2026
Last sale
$17.3M
4 recorded transactions
Zoning & alternative use
BUM2* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.3M
+10.1%
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 Burbank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burbank 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
$18,550,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RADIO OR TV STATION
$15,750,000
Current use
AUTO REPAIR, GARAGE
$17,330,000
Change: +10% · Conversion: Difficult
RESTAURANT
$14,325,000
Change: -9% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$13,390,000
Change: -15% · Conversion: Difficult
Blend value · Realmo final
$16.32M
Range $14.68M – $17.95M · ±10% · vs last sale $17.25M (Jul 7 2021)
Last sale anchor
$17.25M
Jul 7 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
$742 / 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
$200,219
Tax year 2024
Assessed value
$17,946,900
Assessed 2024
Previous assessed
$17,946,900
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$13,525,200
Assessed improvement
$4,421,700
Applied tax rate
2.0000
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
Data centers and call centers
Use group
RADIO OR TV STATION
Status
Off-Market
Year built
1977
Heating
NONE
Stories
1
Units
1
Total area
22,000 SF
Lot
1.2 ac (52,399 SF)
Zoning code
BUM2*
APN
2466-013-019
UPID
US09-6437546
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUM2* · Burbank, CA
Zoning BUM2* · permitted uses
BUM2* · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burbank. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RADIO OR TV STATION Current
Est. value
$15.8M
AUTO REPAIR, GARAGE
Est. value
$17.3M
RESTAURANT
Est. value
$14.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$13.4M
RADIO OR TV STATION Current
AUTO REPAIR, GARAGE
RESTAURANT
NEIGHBORHOOD: SHOPPING CENTER
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
1977
Heating
NONE
Stories
1
Units
1
Lot
1.2 ac
Current owner
From public records · entity-resolved
Connected Ventures LLC
Entity
Mailing address
2525 N NAOMI ST, BURBANK, CA 91504-3236
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2026
$18,500,000
Connected Ventures LLC
Xrm Naomi Holdings LLC
Grant Deed
$15,725,000 · First Citizens Bank & Trust Co
Sep 19, 2022
—
Xrm Naomi Holdings LLC
—
Deed
related
$1,250,000 · East West Bank
Jul 7, 2021
$17,250,000
Xrm Naomi Holdings LLC
Naomi Partners LLC
Grant Deed
$8,625,000 · East West Bank
—
—
Naomi Partners
—
Deed Of Trust
related
$1,405,000 · Wells Fargo 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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