Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1223 17th St Santa Ana, CA 92706-3417

    • Retail space
    • 9,600 SF
    • 0.67 lot acres
    OFF-MARKET
    Last Sale
    Feb 11, 2020
    Value Estimations
    $1,235,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3724652
    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

    • Rexera Auto Group / Car Dealership
    • Ganas Ya - Santa Ana / Car Dealership
    • Nails Premium / Nail Salon
    • Ganas Auto / Car Dealership

    Property Details for 1223 17th St

    Year built
    1955
    Lot size
    0.67 lot acres
    Property size
    9,600 SF
    Property type
    Retail space
    APN
    399-085-16
    APU
    39908516

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,720,000
      Market price range: $1.72M - $6.14M

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

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.883
    Latitude
    33.7605
    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
    $8,119
    $353,510
    $299,699
    $653,209
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $2,105,000
      12,247 SF

      301 17th St

      RETAIL STORES (PERSONAL SERVICES) • 12,247 SF
      301 17th St, Santa Ana, CA 92706-2804
      View Details
    • Value Estimation
      $1,195,000
      5,440 SF

      502 17th St

      RETAIL STORES (PERSONAL SERVICES) • 5,440 SF
      502 17th St, Santa Ana, CA 92706-3619
      View Details
    • Value Estimation by Request
      2,589 SF

      2202 Main St

      RETAIL STORES (PERSONAL SERVICES) • 2,589 SF
      2202 Main St, Santa Ana, CA 92706-2704
      View Details
    • Value Estimation by Request
      1,388 SF

      2629 Westminster Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,388 SF
      2629 Westminster Ave, Santa Ana, CA 92706-2130
      View Details
    • Value Estimation
      $515,000
      2,712 SF

      1856 17th St

      RETAIL STORES (PERSONAL SERVICES) • 2,712 SF
      1856 17th St, Santa Ana, CA 92706-2319
      View Details
    • Value Estimation by Request
      2,700 SF

      2102 17th St

      RETAIL STORES (PERSONAL SERVICES) • 2,700 SF
      2102 17th St, Santa Ana, CA 92706-2325
      View Details

    Similar Nearby for Sale

    • $1,495,000
      1,274 SF

      Santa Ana Retail/Medical Building

      Freestanding retail or medical office building for sale.
      1718 N Fairview St, Santa Ana, CA 92706
      View Details
    • Contact for pricing

      Versatile Commercial Property in Santa Ana

      Santa Ana property suitable for retail, office, medical, and more.
      1104 W 17Th St, Santa Ana, CA 92706
      View Details
    • Contact for pricing
      26,108 SF

      Paved Parking Lot For Sale

      26,108 SF paved parking lot with 79 stalls.
      2106-2112 N Broadway, Santa Ana, CA 92706
      View Details
    • $330,000
      20,000 SF

      Santa Ana Office Condo For Sale

      Professional office condo in Santa Ana, great for owner/user.
      960 W 17Th St, Santa Ana, CA 92706
      View Details
    • $950,000
      1,875 SF

      Santa Ana Medical Office Building

      Prime Medical Office, Santa Ana, CA
      1521 Broadway, Santa Ana, CA 92706
      View Details
    • $440,500
      1,227 SF

      Santa Ana Office Condo

      Professional office condo unit available for purchase in Santa Ana.
      2107 N Broadway, Santa Ana, CA 92706
      View Details

    Similar Nearby for Lease

    • $4,000 /Mo
      900 SF

      Retail Space in Santa Ana

      900 Sq. Ft. retail space with street frontage.
      333 W 17Th St, Santa Ana, CA 92706
      View Details
    • $3 SF/Yr
      7,000 SF

      Retail Space Available For Lease

      7,000 square foot retail space for lease.
      2730-2738 North Bristol St, Santa Ana, CA 92706
      View Details
    • $3 SF/Yr
      9,470 SF

      Retail Units in Orange County

      Retail spaces available in a prime Orange County location.
      1231 W Memory Ln, Santa Ana, CA 92706
      View Details
    • $2 SF/Yr
      12,918 SF

      Retail/Restaurant Space For Lease

      Retail or restaurant space with excellent parking in Santa Ana.
      501-515 W 17Th St, Santa Ana, CA 92706
      View Details
    • $3 SF/Yr
      71 SF

      Retail Space with Anchor Tenants

      Retail space with Planet Fitness and Dollar Tree as anchors.
      2705-2729 N Bristol St, Santa Ana, CA 92706
      View Details
    • $2 SF/Yr
      5,526 SF

      Floral Park Promenade Retail Space

      Prime Orange County retail space available.
      2705-2729 Bristol St, Santa Ana, CA 92706
      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.
    1223 17th St
    Santa Ana, CA 92706-3417
    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.
    Sign Up Successful!
    You now have access to more from Realmo!