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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Warehouses
9135 Olive Dr Spring Valley, CA 91977-2304
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-9509206
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Total area
1,787 SF
Lot
2.26 ac (98,445 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
504-012-27-00
UPID
US09-9509206
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
$750k
CAP Approach
CAP
$380k
Comparable Approach
Comparable
$712k
Blend (final)
Blend
$605k
Owner & transaction history
Olive Dr 9135 LLC · 4 yrs held
Olive Dr 9135 LLC
since 2021
Last sale
$580,000
6 recorded transactions
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$850,000
+42.5%
Auto repair, garage
$680,000
+14.7%
Office building
$645,000
+8.3%
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 Spring Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Spring 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
$710,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$415,000
6.5%
$380,000
7%
$355,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$595,000
Current use
MEDICAL BUILDING
$850,000
Change: +43% · Conversion: Difficult
AUTO REPAIR, GARAGE
$680,000
Change: +15% · Conversion: Easy
OFFICE BUILDING
$645,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$605k
Range $545k – $666k · ±10% · vs last sale $580k (Dec 8 2021)
Last sale anchor
$580k
Dec 8 2021
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
$339 / 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
$12,497
Tax year 2024
Assessed value
$999,162
Assessed 2024
Previous assessed
$999,162
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$986,001
Assessed improvement
$13,161
Applied tax rate
83.0000
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
Heating
NONE
Units
1
Total area
1,787 SF
Lot
2.26 ac (98,445 SF)
Zoning code
INDUSTRIAL (M ZONE)
APN
504-012-27-00
UPID
US09-9509206
Jurisdiction
SAN DIEGO
Zoning & alternative use
INDUSTRIAL (M ZONE) · Spring Valley, CA
Zoning INDUSTRIAL (M ZONE) · permitted uses
INDUSTRIAL (M ZONE) · Spring Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Spring Valley. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$595,000
MEDICAL BUILDING
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$680,000
OFFICE BUILDING
Est. value
$645,000
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
AUTO REPAIR, GARAGE
OFFICE 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
Heating
NONE
Units
1
Lot
2.26 ac
Current owner
From public records · entity-resolved
Olive Dr 9135 LLC
Entity
Free & Clear · 4 yrs held
Mailing address
9150 CHESAPEAKE DR STE #240, SAN DIEGO, CA 92123-1062
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Dec 8, 2021
$580,000
Olive Dr 9135 LLC
Rmr Properties LLC
Grant Deed
—
Nov 3, 2021
—
Rmr Properties LLC
Whittemore Ridgway
Quit Claim Deed
related
—
Sep 19, 2008
$750,000
Olive Dr 9135 LLC
Carr Elizabeth O Trust
Grant Deed
—
Jun 8, 2007
—
Rafalovich Ronald M Trust
Rafalovich,ronald M
Quit Claim Deed
related
—
Jul 12, 2005
—
Carr Elizabeth O Trust
Gobble Family Trust
Quit Claim Deed
related
—
Dec 12, 1997
—
John Glenn Gobble JR.
Gobble,john Glenn JR
Quit Claim Deed
related
—
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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