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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Showrooms
1015 Chapman Ave Orange, CA 92866-2110
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1639458
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1924
Total area
1,900 SF
Lot
0.19 ac (8,313 SF)
APN
386-062-46
UPID
US09-1639458
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
-
SASS, Super Awesome Selfie Station Photography Service (Bike/Boat/Book/etc) Store
-
Get Community, Inc. Advertising Agency Marketing & Advertising
-
Verve Chiropractic Alternative Medicine Practice
-
William C Behrndt Law Office Law Firm
-
The Nick Vertucci Companies Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$650k
CAP Approach
CAP
$505k
Comparable Approach
Comparable
$424k
Blend (final)
Blend
$650k
Owner & transaction history
Nicholas Verti · 2 yrs held
Nicholas Verti
since 2024
Last sale
$650,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$1.1M
+24.3%
Neighborhood: shopping center
$890,000
+2.6%
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$650,000
ML approach
$650,000
CAP Approach
CAP Return
Estimation
6%
$545,000
6.5%
$505,000
7%
$470,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$870,000
Current use
OFFICE BUILDING
$1,080,000
Change: +24% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$890,000
Change: +3% · Conversion: Difficult
AUTO REPAIR, GARAGE
$850,000
Change: -2% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $650k (Jul 15 2024)
Last sale anchor
$650k
Jul 15 2024
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
$342 / 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
$8,854
Tax year 2024
Assessed value
$800,422
Assessed 2024
Previous assessed
$800,422
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$492,571
Assessed improvement
$307,851
Applied tax rate
8.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1924
Heating
NONE
Stories
1
Total area
1,900 SF
Lot
0.19 ac (8,313 SF)
APN
386-062-46
UPID
US09-1639458
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
COMMERCIAL (GENERAL) Current
Est. value
$870,000
OFFICE BUILDING
Est. value
$1.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$890,000
AUTO REPAIR, GARAGE
Est. value
$850,000
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
1924
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
Nicholas Verti
Individual
Free & Clear · 2 yrs held
Mailing address
3225 MCLEOD DR #777, LAS VEGAS, NV 89121-2257
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 15, 2024
—
Nicholas Verti
Clint Coons
Intrafamily Transfer
related
—
Nov 2, 2016
—
East,chapman Trust
Vertucci,nicholas J
Quit Claim Deed
—
Mar 22, 2012
$650,000
Nicholas J Vertucci
Koenig Family Trust
Grant Deed
$455,000 · Koenig Family Trust (pt)
Mar 22, 2012
—
Nicholas J Vertucci
Vertucci,gina M
Quit Claim Deed
related
—
Mar 10, 1998
$320,000
Koenig Trust
Gray Trust
Grant Deed
$235,000 · Seller
Jan 30, 1995
$300,000
Hahn Trust
Dacc Associates
Trustees Deed
—
Dec 14, 1990
$582,500
Dacc Assoc
Hahn Matthew D
Trustees Deed
—
—
—
Dacc Assoc
—
Deed Of Trust
related
$280,400 · Seller
—
—
Koenig Trust
—
Deed Of Trust
related
$155,000 · Wells Fargo Bank
—
—
Dacc Assoc
—
Deed Of Trust
related
$250,000 · David Walmsley & A
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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