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Property profile & analytics
OFF-MARKET
Estimated value
$5,130,000
Flex space
1199 Grv St, Anaheim, CA 92806-2110
Entity Owned
~
Est. High Equity
Property ID
US09-2964584
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1974
Total area
14,000 SF
Lot
0.89 ac (38,934 SF)
APN
345-175-01
UPID
US09-2964584
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
-
Anchored Prints, Inc. Textile Manufacturer Factory
-
Cafe olea Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.03M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.22M
Blend (final)
Blend
$5.13M
Owner & transaction history
1199 Grove LLC
1199 Grove LLC
since 2025
Last sale
$5.2M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$6.6M
+53.9%
Auto repair, garage
$6.2M
+46.4%
Office building
$6.0M
+40.8%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
$5,090,000
ML approach
$5,025,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$4,265,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$6,565,000
Change: +54% · Conversion: Difficult
AUTO REPAIR, GARAGE
$6,245,000
Change: +46% · Conversion: Easy
OFFICE BUILDING
$6,005,000
Change: +41% · Conversion: Difficult
COMMERCIAL (GENERAL)
$5,870,000
Change: +38% · Conversion: Difficult
RETAIL STORES
$5,315,000
Change: +25% · Conversion: Moderate
APARTMENT HOUSE (5+ UNITS)
$5,025,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$5.13M
Range $4.62M – $5.64M · ±10% · vs last sale $5.20M (Dec 12 2025)
Last sale anchor
$5.20M
Dec 12 2025
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
$366 / 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
$41,104
Tax year 2024
Assessed value
$3,634,637
Assessed 2024
Previous assessed
$3,634,637
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$3,273,827
Assessed improvement
$360,810
Applied tax rate
1.0000
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
1974
Heating
NONE
Stories
1
Total area
14,000 SF
Lot
0.89 ac (38,934 SF)
APN
345-175-01
UPID
US09-2964584
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
$4.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.6M
AUTO REPAIR, GARAGE
Est. value
$6.2M
OFFICE BUILDING
Est. value
$6.0M
COMMERCIAL (GENERAL)
Est. value
$5.9M
RETAIL STORES
Est. value
$5.3M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.0M
INDUSTRIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
COMMERCIAL (GENERAL)
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
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
1974
Heating
NONE
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
1199 Grove LLC
Entity
Mailing address
1199 N GRV ST, ANAHEIM, CA 92806-2110
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 12, 2025
$5,200,000
1199 Grove LLC
1199 N Grove Street LLC
Grant Deed
$2,638,000 · Commercial Bank Of Ca
Dec 12, 2025
—
1199 Grove LLC
—
Deed
related
$2,183,000 · Advantage Certified Development Corpora
Feb 8, 2024
—
1199 N Grove Street LLC
—
Deed
related
$3,055,000 · Pnc Bank NA
Dec 24, 2020
$3,425,000
1199 N Grove Street LLC
Trumbo Family Partnership LP
Grant Deed
$3,177,300 · Harvest Small Business Finance LLC
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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