Sign Up Successful!
You now have access to more from Realmo!
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

    1240 N Lakeview Ave Anaheim, CA 92807

    • Commercial real estate
    • 80,000 SF
    • 4.59 lot acres
    For Lease
    View listing
    $2 SF/Yr
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2072281
    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

    • The Perfect Workout / Gym & Fitness Center
    • R Love / Social Service Agency / Charitable Organization
    • Employers Insurance Administration Corporation / Insurance Agency
    • Ashwin Mahtani: Allstate Insurance / Insurance Agency
    • J.S. Held / Consultant

    Property Details for 1240 N Lakeview Ave

    Year built
    1986
    Lot size
    4.59 lot acres
    Property size
    80,000 SF
    Property type
    Commercial real estate
    APN
    346-321-01
    APU
    34632101

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.817
    Latitude
    33.8608
    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
    $136,290
    $6,716,519
    $4,902,010
    $11,618,529
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $505,000
      0.79 Acres

      100 Imperial Hwy

      SHOW ROOM, WAREHOUSE • 0.79 Acres
      100 Imperial Hwy, Anaheim, CA 92807-3943
      View Details
    • Value Estimation by Request
      0.44 Acres

      4530 La Palma Ave

      SHOW ROOM, WAREHOUSE • 0.44 Acres
      4530 La Palma Ave, Anaheim, CA 92807-1908
      View Details
    • Value Estimation by Request

      7600 La Palma Ave

      COMMERCIAL (GENERAL)
      7600 La Palma Ave, Anaheim, CA 92807-2444
      View Details
    • Value Estimation by Request
      2.19 Acres

      Anaheim, CA 92807

      COMMERCIAL (GENERAL) • 2.19 Acres
      Anaheim, CA 92807
      View Details
    • Value Estimation
      $770,000
      5,157 SF

      191 Imperial Hwy

      COMMERCIAL (GENERAL) • 5,157 SF
      191 Imperial Hwy, Anaheim, CA 92807-3951
      View Details
    • Value Estimation
      $7,380,000
      32,674 SF

      5395 La Palma Ave

      COMMERCIAL (GENERAL) • 32,674 SF
      5395 La Palma Ave, Anaheim, CA 92807-2035
      View Details

    Similar Nearby for Sale

    • $1,025,000
      1,538 SF

      Anaheim Hills Townhome with Views

      Townhome in Anaheim Hills featuring views, upgrades, and a two-car garage.
      6073 E Butterfield Ln, Anaheim, CA 92807
      View Details
    • $925,000
      1,938 SF

      Spacious Home with City Views

      Three-bedroom home with open floorplan, city views, and direct garage.
      6584 E Paseo Diego, Anaheim, CA 92807
      View Details
    • Contact for pricing
      38,753 SF

      Anaheim Industrial Property For Sale

      Leased investment opportunity with recent renovations and ample power.
      5472 E La Palma Ave, Anaheim, CA 92807
      View Details
    • $4,369,287
      14,613 SF

      Two-Story Office Building For Sale

      14,613 SF owner-user office building with ample parking.
      4001 E La Palma Ave, Anaheim, CA 92807
      View Details
    • Contact for pricing
      46,615 SF

      Anaheim Retail and Office Space

      Freestanding building with freeway frontage and convenient access.
      1011 N Tustin Ave, Anaheim, CA 92807
      View Details
    • Contact for pricing
      149,810 SF

      Anaheim Freestanding Industrial Building

      149,810 SF drive-around building on 9.5 acres.
      5001 E La Palma Ave, Anaheim, CA 92807
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      97,697 SF

      Anaheim Warehouse: 75,468 SF Available

      Large Anaheim warehouse space for lease. Ideal for distribution.
      5235 Hunter Ave, Anaheim, CA 92807
      View Details
    • $12 SF/Yr
      54,082 SF

      Anaheim Hills Village Center

      Prime Retail & Office Space
      5624-5640 Ln Palma Ave & Swc Imperial Hwy & Ln Palma Ave, Anaheim, CA 92807
      View Details
    • $1.65 SF/Yr
      4,109 SF

      Freestanding Building in Business Park

      High-image industrial building with well-appointed offices for lease.
      1180 N Richfield Rd, Anaheim, CA 92807
      View Details
    • Contact for pricing
      1,953 SF

      Anaheim Medical Office Space Available

      Medical office space available in Anaheim, California.
      500 S Anaheim Hills Rd, Anaheim, CA 92807
      View Details
    • Contact for pricing

      Industrial Property in Anaheim

      100% leased industrial property located in Anaheim, California.
      1320 N Hancock St, Anaheim, CA 92807
      View Details
    • Contact for pricing
      26,328 SF

      Anaheim Industrial Space Sublease

      High-image industrial facility with racking and mezzanine storage available for sublease.
      4935-4945 E Hunter Ave, Anaheim, CA 92807
      View Details

    Property Visit Statistics

    • Visits by month
      1.8k
    • Visitors by month
      1.3k
    • Avg Time on site
      19 min
    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.
    1240 N Lakeview Ave
    Anaheim, CA 92807
    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.