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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12372 Brookhurst St Garden Grove, CA 92840-4753

    • Community centers
    • 6,926 SF
    • 0.88 lot acres
    OFF-MARKET
    Value Estimations
    $1,460,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2230089
    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

    • Pickle Banh Mi Co / Restaurant

    Property Details for 12372 Brookhurst St

    Year built
    1973
    Lot size
    0.88 lot acres
    Property size
    6,926 SF
    Property type
    Community centers
    Property subtype
    Shopping centers
    APN
    089-362-28
    APU
    8936228

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,845,000
      6.5%
      $1,705,000
      7%
      $1,580,000

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.958
    Latitude
    33.7827
    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
    $24,256
    $1,031,630
    $506,694
    $1,538,324
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

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      $815,000
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      12048 Ww St, Garden Grove, CA 92840-3702
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    • Value Estimation
      $3,820,000
      33,974 SF

      12892 Hbr Blvd

      MINI-MALL • 33,974 SF
      12892 Hbr Blvd, Garden Grove, CA 92840-5807
      View Details
    • Value Estimation
      $1,315,000
      10,080 SF

      12571 Hbr Blvd

      MINI-MALL • 10,080 SF
      12571 Hbr Blvd, Garden Grove, CA 92840-5802
      View Details
    • Value Estimation
      $1,565,000
      13,429 SF

      12411 Haster St

      MINI-MALL • 13,429 SF
      12411 Haster St, Garden Grove, CA 92840-4548
      View Details
    • Value Estimation by Request
      21,545 SF

      13028 Chapman Ave

      MINI-MALL • 21,545 SF
      13028 Chapman Ave, Garden Grove, CA 92840-4349
      View Details
    • Value Estimation
      $7,310,000
      57,232 SF

      12961 Chapman Ave

      MINI-MALL • 57,232 SF
      12961 Chapman Ave, Garden Grove, CA 92840-4140
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,600 SF

      Garden Grove Industrial Building

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    • $1,900,000
      4,000 SF

      Retail Space in Garden Grove

      Retail space available in Garden Grove, California.
      12092 Brookhurst St, Garden Grove, CA 92840
      View Details
    • Contact for pricing

      Retail Space in Garden Grove

      Retail space with ample parking in a busy mall.
      12092 Brookhurst St, Garden Grove, CA 92840
      View Details
    • $1,895,000
      4,355 SF

      Garden Grove Quadruplex Investment

      Four-unit multifamily property in a desirable Garden Grove location.
      10322 Park Ave, Garden Grove, CA 92840
      View Details
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      Garden Grove Multifamily Investment Opportunity

      Four-unit multifamily property in Garden Grove with value-add potential.
      10322 Park Ave, Garden Grove, CA 92840
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      1,600 SF

      New Retail Space on Katella

      Brand new retail building in Garden Grove near Disneyland.
      9478 Katella Ave, Garden Grove, CA 92840
      View Details
    • Contact for pricing
      2,878 SF

      Freestanding Building Ideal for Retail

      Freestanding building suitable for retail, office, or fitness uses.
      10102 Stanford Ave, Garden Grove, CA 92840
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      Commercial Space For Lease

      Retail and office spaces available for lease.
      12828 Harbor Blvd, Garden Grove, CA 92840
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      Office Space For Lease

      Office space available for lease in Garden Grove, CA.
      12966 Euclid St, Garden Grove, CA 92840
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial property in Garden Grove, CA, currently 100% leased.
      10601-10613 Acacia Ave, Garden Grove, CA 92840
      View Details
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    Garden Grove, CA 92840-4753
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    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
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