Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$8,200,000
Manufacturing properties
505 Allen Ave San Dimas, CA 91773-1445
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-8787401
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1976
Construction
TILT-UP CONCRETE
Total area
39,936 SF
Lot
3.43 ac (149,536 SF)
Zoning code
SDM1*
APN
8392-017-058
UPID
US09-8787401
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
-
Organic Milling - Production Food Processing Plant Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.92M
CAP Approach
CAP
$7.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$8.20M
Owner & transaction history
Broadstone Rbc Portfolio LLC · 3 yrs held
Broadstone Rbc Portfolio LLC
since 2022
Last sale
$9.0M
7 recorded transactions
Zoning & alternative use
SDM1* · San Dimas, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$12.9M
+18.7%
Commercial (general)
$12.3M
+13.7%
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 San Dimas submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Dimas 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
$7,865,000
ML approach
$7,915,000
CAP Approach
CAP Return
Estimation
6%
$7,780,000
6.5%
$7,180,000
7%
$6,665,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,855,000
Current use
OFFICE BUILDING
$12,885,000
Change: +19% · Conversion: Difficult
COMMERCIAL (GENERAL)
$12,340,000
Change: +14% · Conversion: Difficult
Blend value · Realmo final
$8.20M
Range $7.38M – $9.02M · ±10% · vs last sale $9.02M (Oct 14 2022)
Last sale anchor
$9.02M
Oct 14 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
$205 / 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
$114,802
Tax year 2024
Assessed value
$9,201,420
Assessed 2024
Previous assessed
$9,201,420
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$5,284,620
Assessed improvement
$3,916,800
Applied tax rate
5.0000
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Total area
39,936 SF
Lot
3.43 ac (149,536 SF)
Zoning code
SDM1*
APN
8392-017-058
UPID
US09-8787401
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SDM1* · San Dimas, CA
Zoning SDM1* · permitted uses
SDM1* · San Dimas, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
San Dimas. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$10.9M
OFFICE BUILDING
Est. value
$12.9M
COMMERCIAL (GENERAL)
Est. value
$12.3M
INDUSTRIAL (GENERAL) Current
OFFICE BUILDING
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
1
Lot
3.43 ac
Current owner
From public records · entity-resolved
Broadstone Rbc Portfolio LLC
Entity
Mailing address
PO BOX 202, GRAND RAPIDS, MI 49501-0202
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 14, 2022
$9,021,000
Broadstone Rbc Portfolio LLC
Granola & Cereal Products Real Esta
Grant Deed
—
Feb 24, 2022
—
Granola & Cereal Products Real Esta
—
Deed
related
$7,000,000 · Capital One Bank NA
Jan 3, 2022
$6,500,000
Granola & Cereal Products Re Invest
Falcon Property Investments LP
Grant Deed
—
Apr 26, 2017
—
Falcon Property Investments LP
Falcon Property Investments LP
Intrafamily Transfer
related
$1,000,000 · Jpmorgan Chase Bank NA
Jan 28, 2015
$3,600,000
Falcon Property Investments LP
San Dimas Center
Grant Deed
$2,700,000 · Bank Of America
Jul 1, 1992
$3,077,000
San Dimas Center
Shs Realty
Grant Deed
—
Apr 26, 1990
—
Cal Edi Southern
Shs
Grant Deed
related
—
—
—
Shs Realty
—
Deed Of Trust
related
$390,000 · Individual
—
—
Prlap INC
—
Deed Of Trust
related
$2,000,000 · Bank Of America
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 505 Allen Ave?
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.
