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Property profile & analytics
FOR LEASE
Industrial properties
4525 Runway St Simi Valley, CA 93063
Entity Owned
~
Est. High Equity
Property ID
US10-0814387
For Lease
1 / 2
$2,060,000
4525 Runway St, Simi Valley, CA 93063
View Listing →
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
2005
Total area
9,483 SF
Lot
0.44 ac (19,166 SF)
APN
644-0-190-485
UPID
US10-0814387
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
-
Millworks By Design General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.06M
Owner & transaction history
4525 Runway St Holdings LLC
4525 Runway St Holdings LLC
since 2026
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$3.2M
+23.4%
Warehouse, storage
$2.8M
+6.8%
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 Simi Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Simi Valley 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
$2,160,000
ML approach
$2,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,585,000
Current use
COMMERCIAL (GENERAL)
$3,190,000
Change: +23% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,760,000
Change: +7% · Conversion: Easy
Blend value · Realmo final
$2.06M
Range $1.85M – $2.27M · ±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
$217 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$24,960
Tax year 2023
Assessed value
$2,368,041
Assessed 2024
Previous assessed
$2,321,609
+2.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$592,363
Assessed improvement
$1,775,678
Applied tax rate
9.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
2005
Heating
NONE
Total area
9,483 SF
Lot
0.44 ac (19,166 SF)
APN
644-0-190-485
UPID
US10-0814387
Jurisdiction
VENTURA
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
COMMERCIAL (GENERAL)
Est. value
$3.2M
WAREHOUSE, STORAGE
Est. value
$2.8M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
WAREHOUSE, STORAGE
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
2005
Heating
NONE
Lot
0.44 ac
Current owner
From public records · entity-resolved
4525 Runway St Holdings LLC
Entity
Mailing address
5530 LITTLE FAWN CT, WESTLAKE VILLAGE, CA 91362-5269
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 19, 2026
$2,820,000
4525 Runway St Holdings LLC
The Freedman Trust
Grant Deed
$2,000,000 · American Business Bank
Sep 4, 2025
—
Freedman Trust
4525 Runway Street LLC
Grant Deed
$200,000 · Infinity Bank
Oct 15, 2020
—
4525 Runway Street LLC
Marc E Freedman
Intrafamily Transfer
related
—
Jun 18, 2018
—
Marc E Freeman
—
Deed
related
$1,507,500 · City National Bank
Aug 4, 2008
—
Freedman Trust
Freedman,marc E & Connie L
Quit Claim Deed
related
—
Aug 1, 2007
$1,600,000
Marc E Freedman
Intercore Ventures LLC
Grant Deed
$800,000 · Bank Of America
Jun 26, 2006
—
Intercore Ventures LLC
Arnold,dianne C
Grant Deed
—
Oct 26, 2005
—
Dianne C Arnold
Simi Runway LLC
Grant Deed
—
Dec 8, 2004
—
Simi Runway LLC
Chase Partners LLC
Grant Deed
$2,090,000 · Pacific Western National 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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