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Property profile & analytics
OFF-MARKET
Manufacturing properties
28536 Constellation Rd Santa Clarita, CA 91355-5082
Individually Owned
Free & Clear
Property ID
US09-6673303
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
TILT-UP CONCRETE
Total area
2,410 SF
Lot
16.71 ac (728,073 SF)
Zoning code
SCBP
APN
2866-047-103
UPID
US09-6673303
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
Michael B Serrao
Michael B Serrao
since 2025
Last sale
$847,500
5 recorded transactions
Zoning & alternative use
SCBP · Santa Clarita, 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 Santa Clarita submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Clarita 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
$8,289
Tax year 2024
Assessed value
$529,728
Assessed 2024
Previous assessed
$529,728
+0.0% YoY
Effective rate
1.56%
On assessed value
Assessed land
$169,561
Assessed improvement
$360,167
Applied tax rate
15.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
2,410 SF
Lot
16.71 ac (728,073 SF)
Zoning code
SCBP
APN
2866-047-103
UPID
US09-6673303
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SCBP · Santa Clarita, CA
Zoning SCBP · permitted uses
SCBP · Santa Clarita, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Clarita. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
16.71 ac
Current owner
From public records · entity-resolved
Michael B Serrao
Individual
Free & Clear · 0 yrs held
Mailing address
28534 CONSTELLATION RD, SANTA CLARITA, CA 91355-5082
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Dec 29, 2025
$847,500
Michael B Serrao
Advanced Development Properties LLC
Grant Deed
—
Oct 20, 2017
—
Advanced Dev Properties LLC
—
Deed
related
$808,648 · Mufg Union Bk NA
Jan 27, 2011
$422,000
Advanced Development Properties LLC
Grant Dostounian
Grant Deed
$210,875 · Plaza Bank
Aug 1, 2007
$577,000
Grant Dostounian
Arroyo Real Estate Group LLC
Grant Deed
$461,376 · Bank Of America
—
—
Advanced Dev Properties LLC
—
Loan Modification
related
$808,648 · Mufg Union Bk NA
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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