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Property profile & analytics
OFF-MARKET
Estimated value
$29,275,000
Warehouses
1400 Allec St Anaheim, CA 92805-6305
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2414188
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1970
Total area
120,000 SF
Lot
5.36 ac (233,431 SF)
APN
082-542-29
UPID
US09-2414188
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
-
Blue Line Food Service Distribution/Little Caesars Pizza Distribution Center Distribution Center Logistics Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$28.99M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$29.28M
Owner & transaction history
Lpf 1400 Allec Street LLC · 3 yrs held
Lpf 1400 Allec Street LLC
since 2023
Last sale
$28.2M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$48.1M
+25.3%
Retail stores
$45.6M
+18.9%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
$31,820,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$31,400,000
6.5%
$28,985,000
7%
$26,915,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$38,340,000
Current use
COMMERCIAL (GENERAL)
$48,050,000
Change: +25% · Conversion: Difficult
RETAIL STORES
$45,575,000
Change: +19% · Conversion: Moderate
Blend value · Realmo final
$29.28M
Range $26.35M – $32.20M · ±10% · vs last sale $28.15M (Jun 15 2023)
Last sale anchor
$28.15M
Jun 15 2023
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
$244 / 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
$323,331
Tax year 2024
Assessed value
$28,713,000
Assessed 2024
Previous assessed
$28,713,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$25,317,822
Assessed improvement
$3,395,178
Applied tax rate
1.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Units
12
Total area
120,000 SF
Lot
5.36 ac (233,431 SF)
APN
082-542-29
UPID
US09-2414188
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
WAREHOUSE, STORAGE Current
Est. value
$38.3M
COMMERCIAL (GENERAL)
Est. value
$48.1M
RETAIL STORES
Est. value
$45.6M
WAREHOUSE, STORAGE Current
COMMERCIAL (GENERAL)
RETAIL STORES
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
1970
Heating
NONE
Stories
1
Units
12
Lot
5.36 ac
Current owner
From public records · entity-resolved
Lpf 1400 Allec Street LLC
Entity
Mailing address
333 W WACKER DR STE #2300, CHICAGO, IL 60606-1266
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 15, 2023
$28,150,000
Lpf 1400 Allec Street LLC
Bixby Land Company
Grant Deed
—
Jun 21, 2018
—
Bixby Land Co
—
Grant Deed
related
$6,800,000 · Miscellaneous Ins Co
Nov 10, 2016
$18,215,000
Bixby Land Co
1400 Allec Street LLC
Grant Deed
—
Aug 15, 2012
—
1400 Allec Street LLC
—
Deed Of Trust
related
$8,610,000 · Comerica Bank
Jun 15, 2005
—
1400 Allec Street LLC
Vistar Corp
Grant Deed
—
Aug 22, 1994
$583,454
Multifoods Distribution INC
Leprino,james G
Grant Deed
—
—
—
James G Lepino
—
Deed Of Trust
related
$8,000,000 · United Denver Ba
—
—
1400 Allec Street LLC
—
Deed Of Trust
related
$7,800,000 · Northwestern Mutual Life Ins
—
—
Bixby Land Co
—
Deed Of Trust
related
$10,500,000 · Miscellaneous Ins Co
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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