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Property profile & analytics
OFF-MARKET
Estimated value
$1,825,000
Warehouses
29013 Ave Penn Valencia, CA 91355-5426
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-6730753
Property summary
AI-generated overview
This exceptional 8,220-square-foot industrial property, located at 29013 Avenue Penn in Valencia, California (91355), presents a unique opportunity for businesses seeking flexible space. Situated on a substantial 2.87-acre lot (124,974 square feet), this single-tenant building boasts a Class B rating and was constructed in 2006. The property features a generous 18-foot ceiling height, ideal for various industrial uses, including flex, R&D, and warehouse operations. Ample parking is provided with 16 spaces, and convenient access is ensured by a single drive-in bay. The building's electrical capacity is robust, offering 400 amps of 277-480v 3-phase 4-wire power. The property is zoned M-1.5 and is conveniently located near the intersection of Chase Place and Witherspoon Parkway in the Santa Clarita Valley submarket of Los Angeles County (APN: 3271-028-122). The entire 8,220 square feet is currently vacant and ready for immediate occupancy. This property offers a rare combination of size, location, and functionality, making it an ideal choice for a variety of industrial businesses.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2006
Construction
TILT-UP CONCRETE
Total area
7,920 SF
Lot
2.87 ac (124,870 SF)
Zoning code
LCA22-A25*
APN
3271-028-122
UPID
US09-6730753
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
$1.81M
CAP Approach
CAP
$1.59M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.83M
Owner & transaction history
Adel Villalobos · 4 yrs held
Adel Villalobos
since 2022
Last sale
$1.8M
6 recorded transactions
Zoning & alternative use
LCA22-A25* · Valencia, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.0M
+23.5%
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
Method
Estimation
Statistic approach
$1,870,000
ML approach
$1,810,000
CAP Approach
CAP Return
Estimation
6%
$1,720,000
6.5%
$1,585,000
7%
$1,470,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,460,000
Current use
RETAIL STORES
$3,035,000
Change: +23% · Conversion: Moderate
COMMERCIAL (GENERAL)
$2,445,000
Change: 0% · Conversion: Difficult
Blend value · Realmo final
$1.83M
Range $1.64M – $2.01M · ±10% · vs last sale $1.81M (Feb 23 2022)
Last sale anchor
$1.81M
Feb 23 2022
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
$230 / 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
$25,478
Tax year 2024
Assessed value
$1,938,539
Assessed 2024
Previous assessed
$1,938,539
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$973,558
Assessed improvement
$964,981
Applied tax rate
13.0000
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
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Total area
7,920 SF
Lot
2.87 ac (124,870 SF)
Zoning code
LCA22-A25*
APN
3271-028-122
UPID
US09-6730753
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.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.5M
RETAIL STORES
Est. value
$3.0M
COMMERCIAL (GENERAL)
Est. value
$2.4M
WAREHOUSE, STORAGE Current
RETAIL STORES
COMMERCIAL (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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Units
1
Lot
2.87 ac
Current owner
From public records · entity-resolved
Adel Villalobos
Individual
Free & Clear · 4 yrs held
Mailing address
28903 AVE PAINE, VALENCIA, CA 91355-4169
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 23, 2022
—
Adel Villalobos
29013 Avenue Penn LLC
Intrafamily Transfer
related
—
Jan 15, 2020
$1,808,500
29013 Avenue Penn LLC
J A M Commercial Industries LLC
Grant Deed
$1,350,000 · City National Bank
May 31, 2007
$1,315,500
J A M Commercial Industries LLC
Valencia Center II LLC
Grant Deed
$767,500 · Mission Valley Bank
—
—
Jam Commercial Industries LLC
—
Deed Of Trust
related
$526,080 · Mission Valley Bank
—
—
Jam Commercial Industries LLC
—
Deed Of Trust
related
$542,000 · Cdc Small Business Finance Co
—
—
Jam Commercial Industries LLC
—
Deed Of Trust
related
$665,220 · Mission Valley 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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