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Property profile & analytics
FOR SALE
Flex space
1001 Calle Negocio San Clemente, CA 92673
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3044365
For Sale
1 / 8
$8,036,759
1001 Calle Negocio, San Clemente, CA 92673
View Listing →
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1986
Total area
17,346 SF
Lot
1.2 ac (52,483 SF)
APN
688-143-06
UPID
US10-3044365
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
-
Konversion Fit Gym & Fitness Center
-
Global-TTC Warehouse & Storage
-
Sylero Engineering Consultant
-
inmotionstretchtherapy Alternative Medicine Practice
-
Flip Out Windows® - Gas Strut Windows Hardware & Home Improvement Interior Design
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.25M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.68M
Blend (final)
Blend
$5.51M
Owner & transaction history
Viking Way LLC · 5 yrs held
Viking Way LLC
since 2021
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$8.8M
+80.8%
Retail stores
$8.5M
+72.8%
Neighborhood: shopping center
$8.1M
+66.4%
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 San Clemente submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Clemente 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
$6,525,000
ML approach
$6,250,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,890,000
Current use
APARTMENT HOUSE (5+ UNITS)
$8,840,000
Change: +81% · Conversion: Difficult
RETAIL STORES
$8,455,000
Change: +73% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$8,135,000
Change: +66% · Conversion: Difficult
AUTO REPAIR, GARAGE
$7,740,000
Change: +58% · Conversion: Easy
OFFICE BUILDING
$7,440,000
Change: +52% · Conversion: Difficult
Blend value · Realmo final
$5.51M
Range $4.95M – $6.06M · ±10% · vs last sale $5.23M (May 6 2021)
Last sale anchor
$5.23M
May 6 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
$317 / 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
$56,473
Tax year 2024
Assessed value
$5,578,769
Assessed 2024
Previous assessed
$5,578,769
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$4,826,037
Assessed improvement
$752,732
Applied tax rate
10.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
For Sale
Year built
1986
Heating
NONE
Stories
1
Units
2
Total area
17,346 SF
Lot
1.2 ac (52,483 SF)
APN
688-143-06
UPID
US10-3044365
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$4.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$8.8M
RETAIL STORES
Est. value
$8.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$7.7M
OFFICE BUILDING
Est. value
$7.4M
INDUSTRIAL (GENERAL) Current
APARTMENT HOUSE (5+ UNITS)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
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
Year built
1986
Heating
NONE
Stories
1
Units
2
Lot
1.2 ac
Current owner
From public records · entity-resolved
Viking Way LLC
Entity
Mailing address
31162 SANTA MARGARITA PL, SAN JUAN CAPISTRANO, CA 92675-1831
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2021
—
Viking Way LLC
—
Deed
related
$2,147,000 · Business Finance Capital
May 6, 2021
$5,227,000
Viking Way LLC
David Douglas Lahr
Grant Deed
$2,648,416 · Pacific Premier Bank
May 6, 2021
—
David Douglas Lahr
Benchmark Investment Properties LLC
Grant Deed
$2,118,731 · Pacific Premier Bank
Aug 11, 2010
—
Benchmark Investment Props LLC
Lahr Family Trust
Grant Deed
—
Apr 28, 2009
—
Burroughs Family Trust
Burroughs,david M & Maricela
Quit Claim Deed
related
—
Jan 14, 2009
—
Glaser Family Trust
Glaser,bruce S & Jacqueline R
Quit Claim Deed
related
—
Dec 5, 2008
—
Lahr Family Trust
Lahr,david D & Kimberly A
Quit Claim Deed
related
—
Aug 17, 2005
$2,243,500
David M Burroughs
Wesselink Richard H JR
Grant Deed
$1,794,520 · Bank Of America
Jan 13, 1999
$1,250,000
Richard H Wessleink Trustee
Horn Trust
Grant Deed
$937,500 · Valencia Bank & Trust
Mar 16, 1992
$10,000
Vanhorn Trust
Vanhorn,shawna
Quit Claim Deed
related
—
Oct 26, 1989
—
Mcmahon Oliphant
Rancho Sc Assoc
Quit Claim Deed
related
—
Oct 26, 1989
$1,300,000
Vanhorn Margot
Li Lydia
Trustees Deed
$800,000 · Sanwa Bank California
—
—
Lydia Li
—
Deed Of Trust
related
$50,000 · Mcmahon Oliphant
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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