Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Property profile & analytics

    6385 Hillsgate Ln Anaheim, CA 92807

    • Land
    • 1.20 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 6385 Hillsgate Ln

    Lot size
    1.20 lot acres
    Property type
    Land

    Description

    This exceptional 1.2-acre property in the prestigious Anaheim Hills community presents a rare development opportunity. Comprising two contiguous parcels (APN 356-301-15

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.771
    Latitude
    33.8484

    Comparable in this City

    • Value Estimation
      $655,000
      18,656 SF

      4702 Mckinnon Dr

      APARTMENT HOUSE (5+ UNITS) • 18,656 SF
      4702 Mckinnon Dr, Anaheim, CA 92807-3039
      View Details
    • Value Estimation by Request
      3,402 SF

      450 Ranch View Cir

      Multifamily properties • 3,402 SF
      450 Ranch View Cir, Anaheim, CA 92807
      View Details
    • Value Estimation
      $2,240,000
      6,502 SF

      131 Merrimac Dr

      APARTMENT HOUSE (5+ UNITS) • 6,502 SF
      131 Merrimac Dr, Anaheim, CA 92807-2762
      View Details
    • Value Estimation by Request
      0.00 Acres

      Anaheim, CA 92807

      INDUSTRIAL - VACANT LAND • 0.00 Acres
      Anaheim, CA 92807
      View Details
    • Value Estimation by Request
      0.01 Acres

      Anaheim, CA 92807

      INDUSTRIAL - VACANT LAND • 0.01 Acres
      Anaheim, CA 92807
      View Details
    • Value Estimation by Request
      0.00 Acres

      Anaheim, CA 92807

      VACANT COMMERCIAL LAND • 0.00 Acres
      Anaheim, CA 92807
      View Details

    Similar Nearby for Sale

    • $875,000
      1,646 SF

      Panoramic View Townhome

      Spacious 3-bedroom townhome with stunning canyon, mountain, and city views.
      5540 Vista Del Este E, Anaheim, CA 92807
      View Details
    • $685,000

      Updated Home in Windwood Community

      Remodeled home with new flooring, appliances, and fresh paint.
      5421 E Pine Ridge Way, Anaheim, CA 92807
      View Details
    • $276,000

      Anaheim Mobile Home with Amenities

      Comfortable mobile home in amenity-rich Anaheim community near Disneyland.
      5815 E La Palma Ave, Anaheim, CA 92807
      View Details
    • $1,500,000

      Anaheim Fourplex Near Freeways

      Fourplex in Anaheim with easy freeway access and rental income.
      307 N Tustin Ave, Anaheim, CA 92807
      View Details
    • $925,000
      1,938 SF

      Spacious Home with City Views

      Three-bedroom home with open floorplan, city views, and direct garage.
      6584 E Paseo Diego, Anaheim, CA 92807
      View Details
    • $1,025,000
      1,538 SF

      Anaheim Hills Townhome with Views

      Townhome in Anaheim Hills featuring views, upgrades, and a two-car garage.
      6073 E Butterfield Ln, Anaheim, CA 92807
      View Details

    Similar Nearby for Lease

    • $3,200 /Mo

      Updated End Unit Apartment

      Ground level apartment with updated kitchen and direct garage access.
      5417 E Pine Ridge Way E, Anaheim Hills, CA 92807
      View Details
    • Contact for pricing

      Industrial Land Lot For Rent

      Fenced industrial land lot with active oil well.
      1515 N Jefferson St, Anaheim, CA 92807
      View Details
    • $0.35 SF/Yr
      60,984 SF

      Secured Storage Yard For Lease

      1.4 acre fenced storage yard with freeway access.
      1120 N Richfield Rd, Anaheim, CA 92807
      View Details
    • $1.00 SF/Yr
      4,665 SF

      Freestanding Two-Story Office Building

      High visibility office building with upgraded interior finishes for rent.
      Anaheim Hills, CA 92807
      View Details
    • $1.60 SF/Yr
      1,814 SF

      Anaheim Flex Space Available

      End unit with excellent truck access near major freeways.
      3911 E La Palma Ave, Anaheim, CA 92807
      View Details
    • $1.55 SF/Yr
      15,054 SF

      Anaheim Industrial/Warehouse Space Available

      Industrial/Warehouse space for lease in Anaheim, CA.
      5455 E La Palma Ave, Anaheim, CA 92807
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6385 Hillsgate Ln
    Anaheim, CA 92807
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.