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Property profile & analytics
OFF-MARKET
Estimated value
$12,695,000
Showrooms
10953 Meridian Dr, Cypress, CA 90630-5143
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0617634
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
1.46 ac (63,411 SF)
APN
134-452-12
UPID
US09-0617634
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
-
Chodang Tofu & BBQ - Cypress Restaurant
-
AB Teahouse Cafe & Coffee Shop
-
Kim's Acupuncture & Wellness Medical Clinic Alternative Medicine Practice
-
Gweon Il Kim, L Alternative Medicine Practice Acupuncture
-
William B. Rogers, DC Alternative Medicine Practice
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$12.20M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.70M
Owner & transaction history
Paul K Kim · 5 yrs held
Paul K Kim
since 2020
Last sale
$12.9M
7 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 Cypress submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cypress 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
$12,195,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$12.70M
Range $11.43M – $13.96M · ±10% · vs last sale $12.95M (Dec 11 2020)
Last sale anchor
$12.95M
Dec 11 2020
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
—
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
$164,247
Tax year 2024
Assessed value
$13,775,830
Assessed 2024
Previous assessed
$13,775,830
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$11,669,043
Assessed improvement
$2,106,787
Applied tax rate
19.0000
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
Heating
NONE
Lot
1.46 ac (63,411 SF)
APN
134-452-12
UPID
US09-0617634
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
Heating
NONE
Lot
1.46 ac
Current owner
From public records · entity-resolved
Paul K Kim
Individual
Mailing address
55 BELLATRIX, IRVINE, CA 92618-1727
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 11, 2020
—
Paul K Kim
Global Skyland LLC
Quit Claim Deed
related
—
Dec 11, 2020
$12,946,000
Ys Properties LLC
Paul K Kim
Grant Deed
$7,302,000 · Woori America Bank
Apr 13, 2018
—
Global Skyland LLC
—
Deed
related
—
Oct 6, 2017
—
Global Skyland LLC
Kim,paul & Lisa
Quit Claim Deed
—
Mar 15, 2017
$8,460,000
Paul Kim
Cypress Group
Grant Deed
$5,830,000 · Bank Of Hope
Sep 14, 2006
—
Cypress Group
Degidio Trust
Quit Claim Deed
related
$2,875,000 · Standard Insurance Co
Jul 31, 2001
$4,850,000
Degidio Trust
Wu,steve
Grant Deed
—
Dec 27, 1989
—
Sbd Properties
Cc&f Cypress Kat
Grant Deed
related
—
Apr 12, 1988
—
Cc Kat
—
Deed Of Trust
related
$3,900,000 · Chase Manhattan Personal Fin'l
—
—
Degidio Trust
—
Deed Of Trust
related
$3,000,000 · Stancorp Mortgage Investors
—
—
Global Skyland LLC
—
Loan Modification
related
—
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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