4 Studebaker Irvine, CA 92618-2012
Industrial properties
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Entity Owned
4-yr Hold
Absentee Owner
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For Lease
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4 Studebaker, Irvine, CA 92618-2012
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Estimated value (blended)
$31.10M
Range $27.99M – $34.21M (±10%)
Implied cap rate
4.30%
In-place · NOI ÷ last sale
Property ID
US09-1406149
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1988
Total area
92,701 SF
Lot
4.52 ac (196,769 SF)
APN
591-033-10
UPID
US09-1406149
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Marketing & Advertising Advertising Agency
-
Corporate Office
-
Advertising Agency Marketing & Advertising
-
Marketing & Advertising Advertising Agency
-
Business To Business Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$42.80M
Blend (final)
Blend
$31.10M
Owner & transaction history
since 2022
Last sale
$33.2M
2 recorded transactions
Zoning & alternative use
Top alternative use upside
Retail stores
$45.2M
+34.1%
Neighborhood: shopping center
$43.5M
+29.1%
Auto repair, garage
$41.4M
+22.8%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
Full NOI build-up · 6 steps
All 3 comparables with addresses
7 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
Analytics Standard · 5 reports
from $99/month
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Summary
1
Valuation conclusion
Included free
Estimated market value
$31.10M
Value range
$27.99M – $34.21M
±10% around blend
Estimated value / SF
$335 / SF
Confidence
Low
3 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
30
Income certainty
100
$27.99M
blend $31.10M
$34.21M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
92,701 SF
Lot area
4.52 ac
Year built
1988
APN
591-033-10
Assessed value
$34,489,260
Annual tax
$362,835
3
Income approach: direct capitalization
Partial preview
Estimated Stabilized NOI, derived from market rent, vacancy and expense benchmarks. Actual property income not reported.
Estimated market rent / SF
Potential gross income
Vacancy allowance
Effective gross income
Benchmark operating expenses
Stabilized NOI
Property tax
$362,835
Selected cap rate
4
Sales comparison
Partial preview
Sales approach indication
$26.94M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
10.1 mi away · 117,907 SF
23.1 mi away · 80,883 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$31.10M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 44 sales
$363
-8%
Submarket 84 sales
$402
-16%
County 1023 sales
$323
+4%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $335/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+34%
vs current-use indication
Neighborhood: Shopping Center
Auto Repair, Garage
Office Building
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
Market rent
Market benchmark
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
NOI build-up · 9 steps
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Selected market yield
4.30%
Selected cap rate for this industrial properties
Derived from the Irvine market rent, vacancy and expense benchmarks for this use type.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.30%
9.0%
NOI (est.)
$1.56M *
Last sale · May 2022
$33.15M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$36.34M
Move the market yield to see immediate price impact.
Value / SF
$392
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.80%4.30%4.80%
$1.41M
$37.01M
$32.70M
$29.30M
$1.56M
$41.12M
$36.34M
$32.55M
$1.72M
$45.23M
$39.97M
$35.81M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$29.90M
9.9 mi · Dec 2025 · $294/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$362,835
Tax year 2024
Assessed value
$34,489,260
Assessed 2024
Previous assessed
$34,489,260
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$27,869,802
Assessed improvement
$6,619,458
Applied tax rate
26.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
For Lease
Year built
1988
Heating
NONE
Total area
92,701 SF
Lot
4.52 ac (196,769 SF)
APN
591-033-10
UPID
US09-1406149
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
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Heating
NONE
Lot
4.52 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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