Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    1150 Valencia Ave Tustin, CA 92780-6428

    • Warehouses
    • 282,297 SF
    • 10.40 lot acres
    OFF-MARKET
    Last Sale
    Apr 11, 2024
    $40,260,000
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2858230
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • RYCO / Corporate Office

    Property Details for 1150 Valencia Ave

    Year built
    1976
    Lot size
    10.40 lot acres
    Property size
    282,297 SF
    Property type
    Warehouses
    APN
    430-241-09
    APU
    43024109

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tustin
    County
    Orange
    State
    California
    Longitude
    -117.837
    Latitude
    33.7202
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $386,038
    $20,030,846
    $14,139,416
    $34,170,262
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $375,000
      17,320 SF

      14761 Bentley Cir

      WAREHOUSE, STORAGE • 17,320 SF
      14761 Bentley Cir, Tustin, CA 92780-7226
      View Details
    • Value Estimation
      $470,000
      17,412 SF

      14232 Chambers Rd

      WAREHOUSE, STORAGE • 17,412 SF
      14232 Chambers Rd, Tustin, CA 92780-6910
      View Details
    • Value Estimation
      $1,145,000
      82,125 SF

      2741 Dow Ave

      WAREHOUSE, STORAGE • 82,125 SF
      2741 Dow Ave, Tustin, CA 92780-7209
      View Details
    • Value Estimation
      $385,000
      5,220 SF

      14661 Myford Rd Ste B

      WAREHOUSE, STORAGE • 5,220 SF
      14661 Myford Rd Ste B, Tustin, CA 92780-7205
      View Details
    • Value Estimation by Request
      66,628 SF

      2802 Dow Ave

      WAREHOUSE, STORAGE • 66,628 SF
      2802 Dow Ave, Tustin, CA 92780-7212
      View Details
    • Value Estimation
      $1,160,000
      115,253 SF

      14341 Chambers Rd

      WAREHOUSE, STORAGE • 115,253 SF
      14341 Chambers Rd, Tustin, CA 92780-6911
      View Details

    Similar Nearby for Sale

    • $23,100,000
      55,022 SF

      Tustin Industrial Property For Sale

      Fully occupied industrial property with a national credit tenant.
      2692-2696 Dow Ave, Tustin, CA 92780
      View Details
    • $3,830,260
      7,028 SF

      Creative Office Space with Storage

      Two-story office space featuring storage, offices, and collaborative areas.
      15131 Woodlawn Ave, Tustin, CA 92780
      View Details
    • $30,800,000
      68,345 SF

      Tustin Commercenter: Prime Investment

      Class A multi-tenant industrial complex, 100% leased.
      1421 Edinger Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      150,493 SF

      Industrial Building Near 5 Freeway

      Class A industrial building with office space and truck court.
      14401 Myford Rd, Tustin, CA 92780
      View Details
    • $2,250,000
      Pending

      Tustin Commercial Building For Sale

      Two-level commercial building with retail, office, and warehouse space.
      3045 Edinger Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      73,228 SF

      Versatile Office/Industrial Condo in Tustin

      3,528 SF R&D condo with bonus mezzanine and warehouse.
      1382 Valencia Ave, Tustin, CA 92780
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      311,770 SF

      LogistiCenterSM at 55: Two Class A Industrial Buildings

      311,770 SF Industrial Space Available
      1101 Valencia Ave, Tustin, CA 92780
      View Details
    • $1.35 SF/Yr
      72,200 SF

      Tustin Freestanding Industrial Building

      72,200 SF industrial building with office space for lease.
      15551-15561 Del Amo Ave, Tustin, CA 92780
      View Details
    • $1.65 SF/Yr
      2,467 SF

      Tustin Flex Space Available

      Flex space featuring office area, truck door, and HVAC.
      1322 Bell Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      40,000 SF

      New Class A Warehouse Space

      New construction warehouse space available for lease in Q2 2027.
      14511 Myford Rd, Tustin, CA 92780
      View Details
    • $1.65 SF/Yr
      55,291 SF

      Tustin Freestanding Warehouse Sublease

      Freestanding building with upgraded offices and warehouse space available for sublease.
      15651 Mosher Ave, Tustin, CA 92780
      View Details
    • $1.75 SF/Yr
      14,812 SF

      Industrial Space with Dock High

      Multi-tenant industrial building featuring dock high positions and office space.
      2741-2771 Dow Ave, Tustin, CA 92780
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1150 Valencia Ave
    Tustin, CA 92780-6428
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.