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Property profile & analytics
OFF-MARKET
Estimated value
$660,000
Office buildings
718 Rte 66, Glendora, CA 91740-3510
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-0260556
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
TILT-UP CONCRETE
Total area
1,575 SF
Lot
0.31 ac (13,497 SF)
Zoning code
GDR_RT66SP
APN
8644-017-037
UPID
US10-0260556
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
$685k
CAP Approach
CAP
$565k
Comparable Approach
Comparable
$611k
Blend (final)
Blend
$660k
Owner & transaction history
Theodore Development LLC · 2 yrs held
Theodore Development LLC
since 2023
Last sale
$650,006
7 recorded transactions
Zoning & alternative use
GDR_RT66SP · Glendora, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$960,000
+111.6%
Auto repair, garage
$730,000
+60.8%
Medical building
$715,000
+58.0%
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 Glendora submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Glendora 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
$695,000
ML approach
$685,000
CAP Approach
CAP Return
Estimation
6%
$610,000
6.5%
$565,000
7%
$525,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$455,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$960,000
Change: +112% · Conversion: Difficult
AUTO REPAIR, GARAGE
$730,000
Change: +61% · Conversion: Difficult
MEDICAL BUILDING
$715,000
Change: +58% · Conversion: Easy
RETAIL STORES
$545,000
Change: +20% · Conversion: Moderate
COMMERCIAL (GENERAL)
$485,000
Change: +7% · Conversion: Easy
WAREHOUSE, STORAGE
$465,000
Change: +2% · Conversion: Difficult
Blend value · Realmo final
$660k
Range $594k – $726k · ±10% · vs last sale $650k (Sep 14 2023)
Last sale anchor
$650k
Sep 14 2023
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
$419 / 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
$11,785
Tax year 2024
Assessed value
$980,000
Assessed 2024
Previous assessed
$980,000
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$800,000
Assessed improvement
$180,000
Applied tax rate
4.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
1,575 SF
Lot
0.31 ac (13,497 SF)
Zoning code
GDR_RT66SP
APN
8644-017-037
UPID
US10-0260556
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
GDR_RT66SP · Glendora, CA
Zoning GDR_RT66SP · permitted uses
GDR_RT66SP · Glendora, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Glendora. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$455,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$960,000
AUTO REPAIR, GARAGE
Est. value
$730,000
MEDICAL BUILDING
Est. value
$715,000
RETAIL STORES
Est. value
$545,000
COMMERCIAL (GENERAL)
Est. value
$485,000
WAREHOUSE, STORAGE
Est. value
$465,000
OFFICE BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
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
1948
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.31 ac
Current owner
From public records · entity-resolved
Theodore Development LLC
Entity
Free & Clear · 2 yrs held
Mailing address
2239 CALLE BELICIA, SAN DIMAS, CA 91773-4464
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
$650,000
Theodore Development LLC
Djl 27 Properties LLC
Grant Deed
—
Feb 8, 2021
—
Djl 27 Properties LLC
Dorothy J Hatch
Grant Deed
—
Apr 18, 2018
$850,000
Hatch Family Trust
Serrato Family Trust
Grant Deed
—
Mar 30, 2016
—
Raymond A Serrato
Serrato,raymond A & Afifa
Quit Claim Deed
related
—
Aug 9, 2002
$250,000
Raymond A Serrato
Hatch,paul R & Dorothy J
Grant Deed
$187,500 · Southland Business Bank
Apr 13, 2001
$190,000
Paul R Hatch
Exodus Exchange INC
Grant Deed
—
Jul 14, 2000
$190,000
Exodus Exchange INC
Wm Cameron & Co
Grant Deed
—
Jun 2, 2000
$126,176
Wm Cameron & Co
Sexton,clyde C & Mary A
Trustees Deed
—
Sep 30, 1994
$112,000
Clyde C Sexton
Treadwell,james R & Elaine M
Grant Deed
—
Nov 20, 1990
$150,000
James Treadwell
Camera J Carl
Grant Deed
$123,000 · Seller
—
—
Clyde C Sexton
—
Deed Of Trust
related
$295,306 · Cameron Ashley Bldg Products
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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