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Property profile & analytics
OFF-MARKET
Estimated value
$22,470,000
Industrial properties
1361 Valencia Ave Tustin, CA 92780-6459
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2473777
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1985
Total area
41,188 SF
Lot
3.51 ac (152,737 SF)
APN
430-261-25
UPID
US09-2473777
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
-
The PREP Group Consultant
-
Port View Preparatory Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$19.61M
Blend (final)
Blend
$22.47M
Owner & transaction history
Pvp Tustin Owner LLC · 4 yrs held
Pvp Tustin Owner LLC
since 2022
Last sale
$24.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$28.1M
+111.5%
Retail stores
$20.1M
+51.0%
Neighborhood: shopping center
$19.3M
+45.4%
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
$20,840,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$28,100,000
Change: +111% · Conversion: Difficult
RETAIL STORES
$20,070,000
Change: +51% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$19,320,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$18,375,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$17,680,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$16,675,000
Change: +26% · Conversion: Difficult
Blend value · Realmo final
$22.47M
Range $20.22M – $24.72M · ±10% · vs last sale $24.72M (Jun 2 2022)
Last sale anchor
$24.72M
Jun 2 2022
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
$546 / 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
$286,748
Tax year 2024
Assessed value
$25,717,196
Assessed 2024
Previous assessed
$25,717,196
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$18,538,436
Assessed improvement
$7,178,760
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
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1985
Heating
NONE
Total area
41,188 SF
Lot
3.51 ac (152,737 SF)
APN
430-261-25
UPID
US09-2473777
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
RESTAURANT
Est. value
$28.1M
RETAIL STORES
Est. value
$20.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$19.3M
AUTO REPAIR, GARAGE
Est. value
$18.4M
COMMERCIAL (GENERAL)
Est. value
$17.7M
APARTMENT HOUSE (5+ UNITS)
Est. value
$16.7M
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
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
1985
Heating
NONE
Lot
3.51 ac
Current owner
From public records · entity-resolved
Pvp Tustin Owner LLC
Entity
Mailing address
1361 VALENCIA AVE, TUSTIN, CA 92780-6459
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 12, 2024
—
Pvp Tustin Owner LLC
—
Deed
related
$2,400,000 · The Bank Of South Carolina
Jun 2, 2022
$24,719,000
Pvp Tustin Owner LLC
Kwt Valencia LLC
Grant Deed
$19,000,000 · Clearinghouse Dcfi
Jul 11, 2018
$12,000,000
Kwt Valencia LLC
Freeway Park Industrial
Grant Deed
$11,200,000 · California Bk&tr
Dec 20, 2012
—
Freeway Park Industrial
Rm Valencia Property LLC
Grant Deed
$5,670,000 · Jpmorgan Chase Bank NA
Mar 13, 2006
—
Rm Valencia Property LLC
Millen Rodney K Trust
Quit Claim Deed
related
—
Dec 23, 2004
—
Millen Rodney K Trust
Cf Capital LLC
Grant Deed
$4,200,000 · Bank Of America
Oct 3, 2003
—
Plato Reit LLC
Catellus Finance I LLC
Grant Deed
related
—
Oct 27, 1998
—
Catellus Finance I LLC
—
Deed Of Trust
related
$373,000,000 · Prudential Mortgage Capital Co
—
—
Catellus Development Corp
—
Deed Of Trust
related
—
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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