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Property profile & analytics
FOR LEASE
Warehouses
28104 Witherspoon Pkwy Valencia, CA 91355
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0079474
For Lease
Contact for pricing
28104 Witherspoon Pkwy, Valencia, CA 91355
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2000
Construction
TILT-UP CONCRETE
Total area
188,795 SF
Lot
6.67 ac (290,741 SF)
Zoning code
LCA22-A25*
APN
3271-026-034
UPID
US10-0079474
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Westcore Bravo Valencia II LLC · 2 yrs held
Westcore Bravo Valencia II LLC
since 2023
Last sale
$119.1M
4 recorded transactions
Zoning & alternative use
LCA22-A25* · Valencia, 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 Valencia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Valencia 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$450,649
Tax year 2024
Assessed value
$34,578,000
Assessed 2024
Previous assessed
$34,578,000
+0.0% YoY
Effective rate
1.30%
On assessed value
Assessed land
$22,518,000
Assessed improvement
$12,060,000
Applied tax rate
14.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
188,795 SF
Lot
6.67 ac (290,741 SF)
Zoning code
LCA22-A25*
APN
3271-026-034
UPID
US10-0079474
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
LCA22-A25* · Valencia, CA
Zoning LCA22-A25* · permitted uses
LCA22-A25* · Valencia, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Valencia. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2000
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
6.67 ac
Current owner
From public records · entity-resolved
Westcore Bravo Valencia II LLC
Entity
Mailing address
4350 LA JOLLA VLG DR STE #900, SAN DIEGO, CA 92122-1246
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Aug 29, 2023
$119,116,000
Westcore Bravo Valencia II LLC
Valencia II LLC
Grant Deed
$430,000,000 · Bdpf California Industrial Portfolio Len
Oct 20, 2011
—
Valencia II LLC
—
Deed Of Trust
related
$17,533,231 · Metropolitan Life Insurance
May 19, 2010
—
Valencia II LLC
Valencia LLC
Quit Claim Deed
related
—
Nov 4, 2008
—
Valencia LLC
Newhall Land & Farming
Quit Claim Deed
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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