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Property profile & analytics
OFF-MARKET
Showrooms
1200 Main St Irvine, CA 92614-6749
Entity Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0128316
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
1.5 ac (65,133 SF)
APN
427-281-20
UPID
US09-0128316
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
-
Obria Medical Clinics Medical Clinic
-
Financial Relief Law Center, APC Law Firm Financial Advisor
-
Irvine Low Cost Bankruptcy Center Law Firm Financial Advisor
-
Kimberly Williams Foster Care Service Social Service Agency
-
Helpmates Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Specturm Opc LLC · 8 yrs held
Specturm Opc LLC
since 2017
6 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 Irvine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvine 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
—
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
$67,056
Tax year 2024
Assessed value
$6,011,833
Assessed 2024
Previous assessed
$6,011,833
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$3,227,590
Assessed improvement
$2,784,243
Applied tax rate
26.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Lot
1.5 ac (65,133 SF)
APN
427-281-20
UPID
US09-0128316
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
Heating
NONE
Lot
1.5 ac
Current owner
From public records · entity-resolved
Specturm Opc LLC
Entity
Free & Clear · 8 yrs held
Mailing address
7 CORPORATE PLZ DR, NEWPORT BEACH, CA 92660-7904
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2017
—
Specturm Opc LLC
Olen Propeties Corp
Quit Claim Deed
related
—
Apr 29, 2016
$44,800,000
Olen Properties Corp
Pr I 1200 Main LLC
Grant Deed
—
Feb 28, 2007
$5,800,000
Pr I 1200 Main LLC
Rj 1200 Main Investors LLC
Grant Deed
—
Dec 1, 2005
$4,225,000
Rj 1200 Main Investors LLC
Tioga Properties LLC
Grant Deed
$2,746,250 · Farmers & Merchants Bank Of Long Be
Jun 15, 1999
—
1200 N Main LLC
—
Deed Of Trust
related
$2,600,000 · La Jolla Loans INC
Jun 30, 1992
$2,215,500
Hat Size Ltd
Irvine Co
—
$1,772,382 · Seller
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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