Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,980,000
Warehouses
301 Aerojet Dr Azusa, CA 91702-3239
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-9033900
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2017
Construction
TILT-UP CONCRETE
Total area
30,600 SF
Lot
1.47 ac (63,824 SF)
Zoning code
AZM2
APN
8615-001-403
UPID
US09-9033900
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
$7.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.98M
Owner & transaction history
Lee Wang LLC
Lee Wang LLC
since 2025
7 recorded transactions
Zoning & alternative use
AZM2 · Azusa, 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 Azusa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Azusa 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%
$7,825,000
6.5%
$7,225,000
7%
$6,705,000
Blend value · Realmo final
$5.98M
Range $5.38M – $6.58M · ±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
$195 / 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
$99,535
Tax year 2024
Assessed value
$7,854,000
Assessed 2024
Previous assessed
$7,854,000
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$5,242,800
Assessed improvement
$2,611,200
Applied tax rate
8.0000
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
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Total area
30,600 SF
Lot
1.47 ac (63,824 SF)
Zoning code
AZM2
APN
8615-001-403
UPID
US09-9033900
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
AZM2 · Azusa, CA
Zoning AZM2 · permitted uses
AZM2 · Azusa, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Azusa. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2017
Construction
TILT-UP CONCRETE
Heating
NONE
Lot
1.47 ac
Current owner
From public records · entity-resolved
Lee Wang LLC
Entity
Mailing address
27126 WATSON RD, MENIFEE, CA 92585-9792
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2025
—
Lee Wang LLC
The Lee Family Trust
Deed
—
Sep 25, 2025
—
James & Carol Lee Charitable Remain
The Lee Family Trust
Deed
related
—
Dec 1, 2022
$20,500,000
Jar Commercial Investments LLC
Azusa Center LLC
Grant Deed
—
May 3, 2021
$12,500,000
Azusa Center LLC
Joseph Industries LLC
Grant Deed
$7,500,000 · Rga Reinsurance Company
Aug 7, 2018
—
Yungtai A Hsu
—
Grant Deed
related
$3,500,000 · First General Bk
Mar 13, 2018
$17,184,500
Yungtai A Hsu
Ctpr Azusa LLC
Grant Deed
—
Jan 18, 2018
$8,651,000
Lee Wang LLC
Ctpr Azusa LLC
Grant Deed
—
Dec 22, 2017
—
Joseph Industries LLC
—
Deed
related
$4,400,000 · Citizens Business Bank
Apr 7, 2016
—
Ctpr Azusa LLC
—
Grant Deed
related
$3,524,887 · California Bk&tr
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?”
You own 301 Aerojet Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
