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Property profile & analytics
OFF-MARKET
Estimated value
$625,000
Retail space
1124 Chapman Ave Orange, CA 92868-2829
Individually Owned
2-yr Hold
Free & Clear
Property ID
US09-3205498
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1948
Total area
1,200 SF
Lot
0.15 ac (6,495 SF)
APN
041-033-23
UPID
US09-3205498
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
-
Ade's Gun Shop Gun Shop Ammunition Supplier
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$590k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$619k
Blend (final)
Blend
$625k
Owner & transaction history
Emily A Atkinson · 2 yrs held
Emily A Atkinson
since 2023
Last sale
$630,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$900,000
+114.2%
Neighborhood: shopping center
$565,000
+33.9%
Auto repair, garage
$535,000
+27.3%
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 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
$620,000
ML approach
$590,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$420,000
Current use
OFFICE BUILDING
$900,000
Change: +114% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$565,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$535,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$400,000
Change: -5% · Conversion: Easy
Blend value · Realmo final
$625k
Range $563k – $688k · ±10% · vs last sale $630k (Dec 29 2023)
Last sale anchor
$630k
Dec 29 2023
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
$521 / 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
$7,321
Tax year 2024
Assessed value
$655,452
Assessed 2024
Previous assessed
$655,452
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$609,241
Assessed improvement
$46,211
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1948
Heating
NONE
Stories
1
Total area
1,200 SF
Lot
0.15 ac (6,495 SF)
APN
041-033-23
UPID
US09-3205498
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
RETAIL STORES Current
Est. value
$420,000
OFFICE BUILDING
Est. value
$900,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$565,000
AUTO REPAIR, GARAGE
Est. value
$535,000
COMMERCIAL (GENERAL)
Est. value
$400,000
RETAIL STORES Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
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
1948
Heating
NONE
Stories
1
Lot
0.15 ac
Current owner
From public records · entity-resolved
Emily A Atkinson
Individual
Free & Clear · 2 yrs held
Mailing address
1124 W CHAPMAN AVE, ORANGE, CA 92868-2829
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 29, 2023
—
Emily A Atkinson
Emily A Atkinson
Intrafamily Transfer
related
—
Jun 6, 2022
$630,000
Emily A Atkinson
Goode Properties LLC
Grant Deed
$300,000 · Jaret S Wright Ira
Dec 11, 2014
—
Suzanne G|lundin Carolyn G Hurlbut
Goode Family Trust
Quit Claim Deed
—
Apr 3, 2014
—
Goode Properties LLC
Lundin C G 2007 Trust
Quit Claim Deed
—
Jan 6, 2014
—
Hurlbut Family Trust
Hurlbut,suzanne G
Quit Claim Deed
related
—
Aug 17, 2011
—
Lundin C G 2007 Living Trust
Lundin,carolyn G
Quit Claim Deed
related
—
Jan 4, 1994
—
Goode Alice
Good&,
Quit Claim Deed
related
—
Aug 31, 1988
$145,000
Alice S Goode
Pacific Financia
Grant Deed
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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