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Property profile & analytics
OFF-MARKET
Showrooms
12901 Palm St, Garden Grove, CA 92840-6401
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1097190
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1953
Total area
1,037 SF
Lot
0.17 ac (7,294 SF)
APN
231-423-01
UPID
US09-1097190
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
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
Michael Nguyen · 2 yrs held
Michael Nguyen
since 2023
Last sale
$440,000
7 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 Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove 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
$6,961
Tax year 2024
Assessed value
$555,500
Assessed 2024
Previous assessed
$555,500
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$378,757
Assessed improvement
$176,743
Applied tax rate
18.0000
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
Year built
1953
Heating
NONE
Stories
1
Total area
1,037 SF
Lot
0.17 ac (7,294 SF)
APN
231-423-01
UPID
US09-1097190
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
Year built
1953
Heating
NONE
Stories
1
Lot
0.17 ac
Current owner
From public records · entity-resolved
Michael Nguyen
Individual
Mailing address
7261 CARLTON AVE, WESTMINSTER, CA 92683-6103
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2025
—
The Michael T Nguyen Family Trust
—
Deed
related
$137,900 · Bridgeway Lending Partners LLC
Dec 13, 2023
—
Michael Nguyen
Michael Thanh Nguyen
Intrafamily Transfer
related
—
Nov 19, 2021
—
Michael Thanh Nguyen
Michael Thanh Nguyen
Intrafamily Transfer
related
$712,000 · Nexera Holding LLC
Aug 28, 2008
$440,000
Michael Nguyen
U S Bank NA
Grant Deed
$290,000 · Tj Financial INC
Apr 14, 2008
$437,750
Us Bank NA Series 2006-fre2
First American Loanstar Te Svc
Trustees Deed
related
—
May 4, 2006
$675,000
Michael T Bui
Pham,kim-nha T
Grant Deed
$540,000 · Fremont Investment & Loan
May 27, 2004
$410,000
Kim-nha T Pham
Heuer,james C & Susan K
Grant Deed
$287,000 · Loan Correspondents INC
May 27, 2004
—
Kim-nha T Pham
Vu,tin V
Grant Deed
related
—
—
—
James C Heuer
—
Deed Of Trust
related
$82,000 · Orange County Teachers FCU
—
—
James C Heuer
—
Deed Of Trust
related
$60,000 · Sanwa Bank California
—
—
James C Heuer
—
Deed Of Trust
related
$60,000 · Orange County Teachers FCU
—
—
Heuer James C
—
Deed Of Trust
related
$55,000 · Sanwa Bank California
—
—
James C Heuer
—
Deed Of Trust
related
$100,000 · Orange County Teachers FCU
—
—
Michael Nguyen
—
Deed Of Trust
related
$270,000 · Iapprove Lending
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.
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