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Property profile & analytics
OFF-MARKET
Estimated value
$1,895,000
Warehouses
711 Main St Burbank, CA 91506-2528
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0219892
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
2,820 SF
Lot
0.14 ac (6,093 SF)
Zoning code
BUM1*
APN
2445-028-023
UPID
US10-0219892
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
-
Lanier's Plumbing & Repipe Specialists Plumbing Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.87M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.89M
Blend (final)
Blend
$1.90M
Owner & transaction history
Cuba 36 LLC · 3 yrs held
Cuba 36 LLC
since 2022
Last sale
$1.9M
6 recorded transactions
Zoning & alternative use
BUM1* · Burbank, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.2M
+58.8%
Neighborhood: shopping center
$1.7M
+22.7%
Retail stores
$1.5M
+10.3%
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 Burbank submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Burbank 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
$1,980,000
ML approach
$1,865,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,400,000
Current use
AUTO REPAIR, GARAGE
$2,220,000
Change: +59% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$1,715,000
Change: +23% · Conversion: Moderate
RETAIL STORES
$1,545,000
Change: +10% · Conversion: Moderate
OFFICE BUILDING
$1,520,000
Change: +9% · Conversion: Difficult
COMMERCIAL (GENERAL)
$1,355,000
Change: -3% · Conversion: Difficult
MEDICAL BUILDING
$1,280,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$1.90M
Range $1.71M – $2.08M · ±10% · vs last sale $1.92M (Oct 14 2022)
Last sale anchor
$1.92M
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
$672 / 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
$21,868
Tax year 2024
Assessed value
$1,953,300
Assessed 2024
Previous assessed
$1,953,300
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,171,980
Assessed improvement
$781,320
Applied tax rate
2.0000
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Total area
2,820 SF
Lot
0.14 ac (6,093 SF)
Zoning code
BUM1*
APN
2445-028-023
UPID
US10-0219892
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
BUM1* · Burbank, CA
Zoning BUM1* · permitted uses
BUM1* · Burbank, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Burbank. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.4M
AUTO REPAIR, GARAGE
Est. value
$2.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.7M
RETAIL STORES
Est. value
$1.5M
OFFICE BUILDING
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.3M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
OFFICE BUILDING
COMMERCIAL (GENERAL)
MEDICAL BUILDING
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.14 ac
Current owner
From public records · entity-resolved
Cuba 36 LLC
Entity
Mailing address
421 N VARNEY ST, BURBANK, CA 91502-1733
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
Mar 4, 2024
—
Cuba 36 LLC
—
Deed
related
$1,693,100 · Wells Fargo Bank NA
Oct 14, 2022
$1,915,000
Cuba 36 LLC
Shelmark LLC
Grant Deed
$1,666,000 · Harvest Small Business Finance LLC
Sep 21, 2004
—
Shelmark LLC
Dornfeld,mark & Shelley
Quit Claim Deed
related
$500,000 · California Bank & Trust
May 2, 2000
$355,000
Mark Dornfeld
Ott Trust
Grant Deed
$310,500 · Us Bank NA
Aug 14, 1989
$250,000
Henry Ott
Eguchi Kohei
Grant Deed
—
Mar 14, 1989
—
Kohei Eguchi
Eguchi Kohei
Quit Claim Deed
related
$400,000 · Pacific Heritage 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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