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Property profile & analytics
OFF-MARKET
Estimated value
$6,185,000
Warehouses
9924 Norwalk Blvd Santa Fe Springs, CA 90670-3322
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-8124138
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
38,138 SF
Lot
2.74 ac (119,371 SF)
Zoning code
SSM2
APN
8005-014-076
UPID
US09-8124138
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
by Request
CAP Approach
CAP
$7.64M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.19M
Owner & transaction history
William Weldon · 3 yrs held
William Weldon
since 2023
6 recorded transactions
Zoning & alternative use
SSM2 · Santa Fe Springs, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Santa Fe Springs submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Fe Springs 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,270,000
6.5%
$7,635,000
7%
$7,090,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$9,795,000
Change: -8% · Conversion: Easy
Blend value · Realmo final
$6.19M
Range $5.57M – $6.80M · ±10%
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
$162 / 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
$107,198
Tax year 2024
Assessed value
$8,678,078
Assessed 2024
Previous assessed
$8,678,078
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$5,134,667
Assessed improvement
$3,543,411
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Total area
38,138 SF
Lot
2.74 ac (119,371 SF)
Zoning code
SSM2
APN
8005-014-076
UPID
US09-8124138
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
SSM2 · Santa Fe Springs, CA
Zoning SSM2 · permitted uses
SSM2 · Santa Fe Springs, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Santa Fe Springs. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL)
Est. value
$9.8M
INDUSTRIAL (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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Lot
2.74 ac
Current owner
From public records · entity-resolved
William Weldon
Individual
Mailing address
601 S FIGUEROA ST STE #2200, LOS ANGELES, CA 90017-5727
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2023
—
William Weldon
The Howard Company
Grant Deed
—
Jan 11, 2019
$45,500,000
Bprep Colonnade LLC
Colonnade-nobbs LLC
Trustees Deed
$23,950,000 · Swiss Re Life & Health America
Jul 31, 1997
—
Nobbs Trust
—
Deed Of Trust
related
$9,450,000 · China Trust Bank Of California
Feb 22, 1994
—
New England Mutual Life Ins Co
—
Deed Of Trust
related
—
—
—
Nobbs Trust
—
Deed Of Trust
related
$429,000 · China Trust Bank USA
—
—
Colonnade-nobbs LLC
—
Deed Of Trust
related
$17,500,000 · Allstate Life Insurance Co
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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