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Property profile & analytics
FOR LEASE
Industrial properties
505 West Lambert Rd Brea, CA 92821
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2318019
For Lease
1 / 3
$3,960,000
505 West Lambert Rd, Brea, CA 92821
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Property summary
AI-generated overview
This exceptional 25,675-square-foot warehouse is available for lease in Brea, California. Situated on a 1.37-acre lot at 505 W Lambert Rd, zip code 92821, this single-tenant industrial property offers significant advantages for businesses seeking a strategic location in Orange County. The warehouse boasts three drive-in doors, providing convenient access for loading and unloading. Ample parking is available, with a ratio of 2.0 spaces per 1,000 square feet. The property features 1,200 amps of power, ensuring sufficient capacity for various operational needs. The entire 25,675 square feet is currently vacant and ready for immediate occupancy. Its location in Brea offers easy access to major transportation arteries, making it an ideal choice for businesses requiring efficient logistics and distribution capabilities. This property presents a rare opportunity to secure a substantial, well-equipped warehouse in a highly desirable Orange County location. The property is classified as Industrial, with a Warehouse subtype.
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Total area
25,670 SF
Lot
1.37 ac (59,588 SF)
APN
296-262-15
UPID
US09-2318019
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
-
Jamar Performance Products Auto Repair Shop Vehicle Inspection Center
-
Belt Drives Ltd Auto Parts Store Motorcycle Shop
-
Accord (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.62M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.96M
Owner & transaction history
Steven R Yetzke · 8 yrs held
Steven R Yetzke
since 2018
5 recorded transactions
Zoning & alternative use
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 Brea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brea 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%
$5,000,000
6.5%
$4,615,000
7%
$4,285,000
Blend value · Realmo final
$3.96M
Range $3.56M – $4.36M · ±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
$154 / 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
$53,471
Tax year 2024
Assessed value
$4,725,753
Assessed 2024
Previous assessed
$4,725,753
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,011,900
Assessed improvement
$1,713,853
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1986
Heating
NONE
Total area
25,670 SF
Lot
1.37 ac (59,588 SF)
APN
296-262-15
UPID
US09-2318019
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1986
Heating
NONE
Lot
1.37 ac
Current owner
From public records · entity-resolved
Steven R Yetzke
Individual
Free & Clear · 8 yrs held
Mailing address
19916 TROTTER LN, YORBA LINDA, CA 92886-7931
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2018
$4,236,500
Steven R Yetzke
Res Purchasing Group LLC
Grant Deed
—
Aug 31, 2015
$3,286,500
Res Properties LLC
Guardian Capital Management Limited
Grant Deed
$3,040,800 · Wells Fargo Bank NA
Jul 28, 1997
$1,500,000
Guardian Capital Management Ll
Western Vault Security
Grant Deed
related
—
Oct 20, 1994
$1,050,000
Western Vault Security
Spring Crest Co INC
Grant Deed
related
$958,000 · Money Store Investment Corp
—
—
Guardian Capital Management
—
Deed Of Trust
related
$1,492,225 · Roger C Berger Estate
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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