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Property profile & analytics
OFF-MARKET
Estimated value
$15,720,000
Flex space
11240 Talbert Ave Fountain Valley, CA 92708-5413
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3112571
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1966
Total area
58,036 SF
Lot
2.89 ac (125,885 SF)
APN
156-171-26
UPID
US09-3112571
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.58M
CAP Approach
CAP
$10.27M
Comparable Approach
Comparable
$11.37M
Blend (final)
Blend
$15.72M
Owner & transaction history
Talbert Fountain Valley LLC · 3 yrs held
Talbert Fountain Valley LLC
since 2022
Last sale
$16.5M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$22.3M
+28.5%
Apartment house (5+ units)
$21.7M
+25.2%
Commercial (general)
$20.7M
+19.6%
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 Fountain Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fountain Valley 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
$20,115,000
ML approach
$10,575,000
CAP Approach
CAP Return
Estimation
6%
$11,125,000
6.5%
$10,270,000
7%
$9,535,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$17,330,000
Current use
RETAIL STORES
$22,260,000
Change: +28% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$21,695,000
Change: +25% · Conversion: Difficult
COMMERCIAL (GENERAL)
$20,730,000
Change: +20% · Conversion: Difficult
AUTO REPAIR, GARAGE
$17,295,000
Change: 0% · Conversion: Easy
Blend value · Realmo final
$15.72M
Range $14.15M – $17.29M · ±10% · vs last sale $16.50M (Dec 23 2022)
Last sale anchor
$16.50M
Dec 23 2022
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
$271 / 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
$185,237
Tax year 2024
Assessed value
$16,830,000
Assessed 2024
Previous assessed
$16,830,000
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$14,688,000
Assessed improvement
$2,142,000
Applied tax rate
21.0000
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
Off-Market
Year built
1966
Heating
NONE
Stories
1
Units
2
Total area
58,036 SF
Lot
2.89 ac (125,885 SF)
APN
156-171-26
UPID
US09-3112571
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
$17.3M
RETAIL STORES
Est. value
$22.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$21.7M
COMMERCIAL (GENERAL)
Est. value
$20.7M
AUTO REPAIR, GARAGE
Est. value
$17.3M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
COMMERCIAL (GENERAL)
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
1966
Heating
NONE
Stories
1
Units
2
Lot
2.89 ac
Current owner
From public records · entity-resolved
Talbert Fountain Valley LLC
Entity
Mailing address
1999 AVE OF THE STARS STE #2500, LOS ANGELES, CA 90067-6028
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2022
$16,500,000
Talbert Fountain Valley LLC
Ddk Investments Ltd
Grant Deed
$14,450,000 · Sg Capital Partners LLC
—
—
Ddk Investments
—
Deed Of Trust
related
$500,000 · National Bank Southern Ca
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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