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Property profile & analytics
OFF-MARKET
Estimated value
$3,560,000
Retail space
112 Commonwealth Ave Fullerton, CA 92832-1887
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2839386
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1905
Total area
5,000 SF
Lot
0.16 ac (7,000 SF)
APN
032-242-10
UPID
US10-2839386
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
-
S-Tier Massage & Wellness Alternative Medicine Practice Spa & Massage Center
-
Dr. Simon Kuang, DC Alternative Medicine Practice
-
The Dresser Bridal Clothing & Fashion Store
-
Ideal Body Chiropractic Alternative Medicine Practice
-
The Bowery Craft Beer & Pizza Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.68M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$3.56M
Owner & transaction history
Byco INC · 5 yrs held
Byco INC
since 2020
Last sale
$3.5M
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$3.4M
+96.8%
Commercial (general)
$2.6M
+51.9%
Neighborhood: shopping center
$2.3M
+35.3%
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
$3,565,000
ML approach
$3,675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$3,410,000
Change: +97% · Conversion: Easy
COMMERCIAL (GENERAL)
$2,635,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$2,345,000
Change: +35% · Conversion: Moderate
AUTO REPAIR, GARAGE
$2,230,000
Change: +29% · Conversion: Difficult
OFFICE BUILDING
$2,145,000
Change: +24% · Conversion: Easy
Blend value · Realmo final
$3.56M
Range $3.20M – $3.92M · ±10% · vs last sale $3.50M (Sep 25 2020)
Last sale anchor
$3.50M
Sep 25 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
$712 / 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
$41,011
Tax year 2024
Assessed value
$3,714,228
Assessed 2024
Previous assessed
$3,714,228
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$2,918,322
Assessed improvement
$795,906
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1905
Heating
NONE
Stories
1
Total area
5,000 SF
Lot
0.16 ac (7,000 SF)
APN
032-242-10
UPID
US10-2839386
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
RESTAURANT
Est. value
$3.4M
COMMERCIAL (GENERAL)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.3M
AUTO REPAIR, GARAGE
Est. value
$2.2M
OFFICE BUILDING
Est. value
$2.1M
RESTAURANT
COMMERCIAL (GENERAL)
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
1905
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Byco INC
Entity
Mailing address
2025 NEWPORT BLVD STE #200, COSTA MESA, CA 92627-9544
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
$3,500,000
Byco INC
T Whitfield LLC
Grant Deed
—
May 25, 2005
—
T Whitefield LLC
Shearer,marianne
Quit Claim Deed
related
—
Oct 27, 2004
$1,100,000
Marianne Shearer
Yoo,yong S
Grant Deed
$770,000 · Zions First National Bank
—
—
Yong S Yoo
—
Deed Of Trust
related
$53,812 · Redevelopment Agency Fullerton
—
—
Yong S Yoo
—
Deed Of Trust
related
$102,750 · First State Bank Southern Ca
—
—
T Whitfield LLC
—
Deed Of Trust
related
$820,000 · Pacific Enterprise Bank
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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