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Property profile & analytics
FOR SALE
Retail space
1327 N Main St Santa Ana, CA 92701
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0258847
For Sale
1 / 22
$2,750,000
1327 N Main St, Santa Ana, CA 92701
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1954
Total area
3,500 SF
Lot
0.19 ac (8,427 SF)
APN
398-132-01
UPID
US09-0258847
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
$985k
CAP Approach
CAP
$900k
Comparable Approach
Comparable
$635k
Blend (final)
Blend
$1.01M
Owner & transaction history
I Can Bbq Kitchen LLC · 5 yrs held
I Can Bbq Kitchen LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$1.6M
+22.3%
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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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
Method
Estimation
Statistic approach
$1,005,000
ML approach
$985,000
CAP Approach
CAP Return
Estimation
6%
$975,000
6.5%
$900,000
7%
$835,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,345,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$1,640,000
Change: +22% · Conversion: Moderate
COMMERCIAL (GENERAL)
$1,105,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$1.01M
Range $909k – $1.11M · ±10% · vs last sale $1.08M (Jun 14 2021)
Last sale anchor
$1.08M
Jun 14 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$289 / SF
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
$13,245
Tax year 2024
Assessed value
$1,140,798
Assessed 2024
Previous assessed
$1,140,798
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$928,557
Assessed improvement
$212,241
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Sale
Year built
1954
Heating
NONE
Stories
1
Total area
3,500 SF
Lot
0.19 ac (8,427 SF)
APN
398-132-01
UPID
US09-0258847
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
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.3M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$1.6M
COMMERCIAL (GENERAL)
Est. value
$1.1M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
COMMERCIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1954
Heating
NONE
Stories
1
Lot
0.19 ac
Current owner
From public records · entity-resolved
I Can Bbq Kitchen LLC
Entity
Mailing address
414 W 4TH ST, SANTA ANA, CA 92701-4588
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 15, 2021
—
Bbq Kitchen
—
Deed
related
$300,000 · Buvan Corp INC
Jun 14, 2021
$1,075,000
I Can Bbq Kitchen LLC
Main State LLC
Grant Deed
—
Jan 31, 2020
—
Mamo Real Estate INC
—
Deed
related
$1,500,000 · Qualfax INC
Jun 26, 2013
$600,000
Main State LLC
Mamo Properties INC
Grant Deed
—
Feb 14, 2013
$588,088
Mamo Properties INC
Lenders Foreclosure Svcs
Trustees Deed
related
—
Sep 1, 2006
$950,000
Aea International
Choi,ki
Grant Deed
$852,000 · American Continental Bank
Sep 1, 2006
—
Ki Choi
Choi,ki
Quit Claim Deed
related
—
Jul 19, 2006
—
Ki Choi
Choi,ki
Quit Claim Deed
related
—
Jun 16, 2005
—
Ki Choi
J M Feldman Sons
Grant Deed
$286,000 · Centerbank
—
—
Ki Choi
—
Deed Of Trust
related
$80,000 · Centerbank
—
—
Aea International
—
Deed Of Trust
related
$882,000 · American Continental Bank
—
—
Mamo Real Estate INC
—
Deed Of Trust
related
$1,500,000 · Qualfax INC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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