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

    12781 Monarch St Garden Grove, CA 92841-3920

    • Flex space
    • 19,695 SF
    • 0.89 lot acres
    OFF-MARKET
    Last Sale
    Jun 26, 2023
    $5,600,000
    Value Estimations
    $8,460,000
    Show details
    Cap Rate Potential
    2.9%
    Flex space
    Location Intelligence
    Property ID
    US09-2506575
    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

    • Pace Sportswear / Sportswear Store / Store

    Property Details for 12781 Monarch St

    Year built
    1973
    Lot size
    0.89 lot acres
    Property size
    19,695 SF
    Property type
    Flex space
    APN
    215-011-07
    APU
    21501107

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $8,590,000
      ML approach
      $8,585,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $8,059,000
      Market price range: $3.72M - $8.06M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $5,980,000
      Current use
      RESTAURANT
      $13,440,000
      Change: +125% Conversion: Difficult
      COMMERCIAL (GENERAL)
      $9,295,000
      Change: +55% Conversion: Difficult
      NEIGHBORHOOD: SHOPPING CENTER
      $9,240,000
      Change: +54% Conversion: Difficult
      OFFICE BUILDING
      $8,450,000
      Change: +41% Conversion: Difficult
      APARTMENT HOUSE (5+ UNITS)
      $7,540,000
      Change: +26% Conversion: Difficult
      AUTO REPAIR, GARAGE
      $7,355,000
      Change: +23% Conversion: Easy
      RETAIL STORES
      $5,885,000
      Change: -2% Conversion: Moderate

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -118.006
    Latitude
    33.7766
    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
    $71,112
    $4,986,649
    $725,351
    $5,712,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $730,000
      15,038 SF

      7050 Lampson Ave

      LIGHT INDUSTRIAL • 15,038 SF
      7050 Lampson Ave, Garden Grove, CA 92841-3912
      View Details
    • Value Estimation
      $1,650,000
      39,864 SF

      7490 Lampson Ave

      LIGHT INDUSTRIAL • 39,864 SF
      7490 Lampson Ave, Garden Grove, CA 92841
      View Details
    • Value Estimation
      $770,000
      18,600 SF

      7051 Patterson Dr

      LIGHT INDUSTRIAL • 18,600 SF
      7051 Patterson Dr, Garden Grove, CA 92841-1414
      View Details
    • Value Estimation
      $1,210,000
      41,400 SF

      11821 Western Ave

      LIGHT INDUSTRIAL • 41,400 SF
      11821 Western Ave, Garden Grove, CA 92841-2119
      View Details
    • Value Estimation
      $670,000
      33,580 SF

      11782 Western Ave

      LIGHT INDUSTRIAL • 33,580 SF
      11782 Western Ave, Garden Grove, CA 92841
      View Details
    • Value Estimation
      $865,000
      23,260 SF

      12700 Knott St

      LIGHT INDUSTRIAL • 23,260 SF
      12700 Knott St, Garden Grove, CA 92841-3904
      View Details

    Similar Nearby for Sale

    • $2,000,000
      5,000 SF

      High Image Industrial Condo

      5,000 sq ft industrial condo with renovated office space.
      7429 Lampson Ave, Garden Grove, CA 92841
      View Details
    • $2,840,000
      8,000 SF

      Free Standing Industrial Building

      Industrial building with fenced yards and vacant space available.
      7542-7552 Acacia Ave, Garden Grove, CA 92841
      View Details
    • Contact for pricing
      51,718 SF

      Leased Industrial Property For Sale

      100% leased industrial investment property with durable cash flow.
      7311 Doig Dr, Garden Grove, CA 92841
      View Details
    • $239,900

      Garden Grove Specialty Property

      Specialty property available for sale in Garden Grove, CA.
      7700 Lampson Ave, Garden Grove, CA 92841
      View Details
    • $1,500,000

      Garden Grove Triplex Investment Opportunity

      Triplex in Garden Grove with strong income potential.
      12892 Adelle St, Garden Grove, CA 92841
      View Details
    • $1,700,000

      Two Multifamily Properties For Sale

      Two adjacent multifamily properties with upside rent potential in Garden Grove.
      12932 Shackelford Ln, Garden Grove, CA 92841
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      3,094 SF

      Garden Grove Flex Space Available

      Flex space available for lease in Garden Grove, California.
      7052 Orangewood Ave, Garden Grove, CA 92841
      View Details
    • $1.50 SF/Yr
      2,210 SF

      Garden Grove Flex Space Available

      Multi-tenant building with ground level loading door and offices.
      11542 Knott St, Garden Grove, CA 92841
      View Details
    • Contact for pricing
      208,200 SF

      Garden Grove Industrial Warehouse Space

      Prime Orange County warehouse space available.
      7201-7291 Garden Grove Blvd, Garden Grove, CA 92841
      View Details
    • Contact for pricing
      189,526 SF

      Garden Grove Warehouse Space Available

      Prime Orange County warehouse space, multiple units.
      12661 Hoover St, Garden Grove, CA 92841
      View Details
    • $1.22 SF/Yr
      30,000 SF

      Renovated Manufacturing/Warehouse Building Available

      30,000 SF manufacturing/warehouse building with excellent freeway access.
      7089-7091 Belgrave Ave, Garden Grove, CA 92841
      View Details
    • $1.27 SF/Yr
      16,000 SF

      Industrial Warehouse Available For Rent

      Industrial warehouse space available for rent starting September 1, 2018.
      7212 Patterson Dr, Garden Grove, CA 92841
      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.
    12781 Monarch St
    Garden Grove, CA 92841-3920
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.