New search
Property profile & analytics
OFF-MARKET
Estimated value
$2,325,000
Warehouses
11600 Monarch St, Garden Grove, CA 92841-1817
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-1247794
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1979
Total area
15,106 SF
Lot
0.69 ac (30,117 SF)
APN
131-651-18
UPID
US09-1247794
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
-
Western Precision Aero LLC Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.33M
Owner & transaction history
Commerce Drive Partners LLC · 10 yrs held
Commerce Drive Partners LLC
since 2016
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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 Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$154 / 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
$29,063
Tax year 2024
Assessed value
$2,379,198
Assessed 2024
Previous assessed
$2,379,198
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$1,421,717
Assessed improvement
$957,481
Applied tax rate
18.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
15,106 SF
Lot
0.69 ac (30,117 SF)
APN
131-651-18
UPID
US09-1247794
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
Building & site characteristics
From public records
Year built
1979
Heating
NONE
Stories
1
Lot
0.69 ac
Current owner
From public records · entity-resolved
Commerce Drive Partners LLC
Entity
Mailing address
PO BOX 6251, KETCHUM, ID 83340-6251
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 8, 2016
$2,050,000
Commerce Drive Partners LLC
Community Bk
Quit Claim Deed
related
—
Feb 16, 2010
$1,650,000
Community Bk
Western Fidelity Trustees
Trustees Deed
related
—
Nov 14, 1995
$742,000
Donald F Nelson
Ashby,william W & Doralee
Grant Deed
$462,400 · Wells Fargo Bank
Oct 1, 1993
$665,000
William W Ashby
National Bank So
Grant Deed
$598,500 · National Bank Southern Ca
May 25, 1993
$157,741
National Bank S California
Orange County In
Trustees Deed
related
—
—
—
Orange County In
—
Deed Of Trust
related
$250,000 · Farmers & Merchants Bk Lng Bch
—
—
Orange County In
—
Deed Of Trust
related
$150,000 · National Bank Southern Ca
—
—
Orange County In
—
Deed Of Trust
related
$650,000 · Farmers & Merchants Bk Lng Bch
—
—
Orange County In
—
Deed Of Trust
related
$250,000 · National Bank Southern Ca
—
—
Nelson,tr
—
Deed Of Trust
related
$1,125,000 · Community Bank NA
—
—
Nelson Donald F Trust
—
Deed Of Trust
related
$300,000 · Tecklenburg Leith & J Trust
—
—
Nelson Donald F Trust
—
Deed Of Trust
related
$291,000 · Tecklenburg Leith & J Trust
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.
Try Rey
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