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Property profile & analytics
OFF-MARKET
Estimated value
$710,000
Industrial properties
1332 Bell Ave Ste 2f Tustin, CA 92780-6439
Individually Owned
2-yr Hold
Property ID
US09-3077247
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1981
Total area
2,628 SF
Lot
0.16 ac (6,885 SF)
APN
939-650-42
UPID
US09-3077247
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
Current use
Occupant on record · Public records
-
RMA Architectural Photography Photography Service (Bike/Boat/Book/etc) Store
-
Commercial Aquatic Services General Contractor
-
Target Display Systems, Inc Industrial Manufacturer Production Facility
-
Links AV General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$710k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$710k
Owner & transaction history
Patricia C Sandberg · 2 yrs held
Patricia C Sandberg
since 2024
Last sale
$712,000
6 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+38.3%
Commercial (general)
$1.1M
+33.1%
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 Tustin submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Tustin 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
$710,000
ML approach
$710,000
CAP Approach
CAP Return
Estimation
6%
$510,000
6.5%
$470,000
7%
$440,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$850,000
Current use
AUTO REPAIR, GARAGE
$1,170,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$1,130,000
Change: +33% · Conversion: Difficult
OFFICE BUILDING
$825,000
Change: -3% · Conversion: Difficult
WAREHOUSE, STORAGE
$695,000
Change: -18% · Conversion: Easy
Blend value · Realmo final
$710k
Range $639k – $781k · ±10% · vs last sale $712k (May 10 2024)
Last sale anchor
$712k
May 10 2024
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
$270 / 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
$9,011
Tax year 2024
Assessed value
$810,131
Assessed 2024
Previous assessed
$810,131
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$637,184
Assessed improvement
$172,947
Applied tax rate
13.0000
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
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1981
Heating
NONE
Total area
2,628 SF
Lot
0.16 ac (6,885 SF)
APN
939-650-42
UPID
US09-3077247
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
INDUSTRIAL (GENERAL) Current
Est. value
$850,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
COMMERCIAL (GENERAL)
Est. value
$1.1M
OFFICE BUILDING
Est. value
$825,000
WAREHOUSE, STORAGE
Est. value
$695,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1981
Heating
NONE
Lot
0.16 ac
Current owner
From public records · entity-resolved
Patricia C Sandberg
Individual
Mailing address
1332 BELL AVE3F, TUSTIN, CA 92780-6439
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2024
—
Patricia C Sandberg
Patricia C Sandberg
Intrafamily Transfer
related
—
Apr 26, 2017
—
David D Woodland
Woodland,heather L
Quit Claim Deed
related
—
Apr 26, 2017
$712,000
Sandberg,r W Family Trust
Woodland,david D
Grant Deed
—
May 19, 2011
—
David D Woodland
Woodland,david D & Emily M
Quit Claim Deed
related
—
Sep 19, 2006
$675,000
David Dee Woodland
F Steven Link
Grant Deed
$350,000 · Lehman Brothers Bank Fsb
Mar 8, 1991
$240,000
Link Trust
Roby Jerry L
Grant Deed
$175,000 · Wells Fargo Bank
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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