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Property profile & analytics
OFF-MARKET
Estimated value
$67,465,000
Warehouses
8700 Mercury Ln Pico Rivera, CA 90660-6705
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-9136765
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
244,768 SF
Lot
10.59 ac (461,119 SF)
Zoning code
PR1G
APN
6369-027-018
UPID
US09-9136765
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
-
Iron Mountain Recycling Center Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$49.00M
Comparable Approach
Comparable
$87.13M
Blend (final)
Blend
$67.47M
Owner & transaction history
Bcore Mercury Lane Owner LLC · 5 yrs held
Bcore Mercury Lane Owner LLC
since 2020
Last sale
$62.0M
4 recorded transactions
Zoning & alternative use
PR1G · Pico Rivera, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$111.3M
+82.2%
Office building
$109.8M
+79.8%
Retail stores
$93.8M
+53.6%
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 Pico Rivera submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Pico Rivera 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
$77,195,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$53,080,000
6.5%
$49,000,000
7%
$45,500,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$61,075,000
Current use
MEDICAL BUILDING
$111,265,000
Change: +82% · Conversion: Difficult
OFFICE BUILDING
$109,785,000
Change: +80% · Conversion: Difficult
RETAIL STORES
$93,805,000
Change: +54% · Conversion: Moderate
COMMERCIAL (GENERAL)
$75,630,000
Change: +24% · Conversion: Difficult
Blend value · Realmo final
$67.47M
Range $60.72M – $74.21M · ±10% · vs last sale $62.00M (Aug 13 2020)
Last sale anchor
$62.00M
Aug 13 2020
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
$276 / 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
$838,921
Tax year 2024
Assessed value
$65,794,896
Assessed 2024
Previous assessed
$65,794,896
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$21,224,160
Assessed improvement
$44,570,736
Applied tax rate
7.0000
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
244,768 SF
Lot
10.59 ac (461,119 SF)
Zoning code
PR1G
APN
6369-027-018
UPID
US09-9136765
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
PR1G · Pico Rivera, CA
Zoning PR1G · permitted uses
PR1G · Pico Rivera, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Pico Rivera. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$61.1M
MEDICAL BUILDING
Est. value
$111.3M
OFFICE BUILDING
Est. value
$109.8M
RETAIL STORES
Est. value
$93.8M
COMMERCIAL (GENERAL)
Est. value
$75.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
10.59 ac
Current owner
From public records · entity-resolved
Bcore Mercury Lane Owner LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX A3879, CHICAGO, IL 60690-3879
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 13, 2020
$62,000,000
Bcore Mercury Lane Owner LLC
Iron Mtn Information Mgmt LLC
Grant Deed
—
Dec 14, 2012
$16,609,000
Iron Mountain Information Mana
K/h-gpi LP
Grant Deed
—
Jan 19, 2005
$14,661,140
K/h-gpi
Pico Rivera LLC
Grant Deed
$12,000,000 · State Farm Bank Fsb
—
—
Sune Db14 LLC
—
Deed Of Trust
related
$300,000,000 · Deutsche Bk Tr Co Americas
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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