Property profile

11582 Markon Dr Garden Grove, CA 92841

OFF-MARKET
Warehouses
Property ID
US09-1953598
12,000 SF 0.67 ac lot Built 1979
Entity Owned 2-yr Hold ~ Est. High Equity
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Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 1979
Total area 12,000 SF
Lot 0.67 ac (29,399 SF)
APN 131-332-14
UPID US09-1953598

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Factory Production Facility

Location

11582 Markon Dr Garden Grove, CA 92841-1809
Garden Grove metro Census 88101 LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$4.01M
CAP Approach CAP
$2.85M
Comparable Approach Comparable
$4.40M
Blend (final) Blend
$4.43M

Owner & transaction history

since 2023
Last sale
$4.6M
2 recorded transactions
2023
$4.6M
2023
Price N/A

Zoning & alternative use

Top alternative use upside
Commercial (general) $5.7M +78.4%
Neighborhood: shopping center $5.6M +77.3%
Office building $5.2M +62.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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