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Property profile & analytics
OFF-MARKET
Estimated value
$47,460,000
Industrial properties
14191 Myford Rd Tustin, CA 92780-7020
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2415088
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1977
Total area
97,500 SF
Lot
4.29 ac (186,802 SF)
APN
432-473-11
UPID
US09-2415088
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
-
New American Funding - Melissa Pearce Loan Service Bank
-
Dr. Leonardo M. Gordon, DDS Physician
-
New American Funding - Mathan Fairweather Loan Service Bank
-
New American Funding - Andrew Pasillas Loan Service Bank
-
New American Funding - Helen Kim Loan Service Bank
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$46.42M
Blend (final)
Blend
$47.46M
Owner & transaction history
Huspp 14191 Myford LP · 4 yrs held
Huspp 14191 Myford LP
since 2021
Last sale
$50.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$66.5M
+111.5%
Retail stores
$47.5M
+51.0%
Neighborhood: shopping center
$45.7M
+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
$43,425,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$31,455,000
Current use
RESTAURANT
$66,525,000
Change: +111% · Conversion: Difficult
RETAIL STORES
$47,510,000
Change: +51% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$45,735,000
Change: +45% · Conversion: Difficult
AUTO REPAIR, GARAGE
$43,495,000
Change: +38% · Conversion: Easy
COMMERCIAL (GENERAL)
$41,850,000
Change: +33% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$39,480,000
Change: +26% · Conversion: Difficult
OFFICE BUILDING
$30,640,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$47.46M
Range $42.71M – $52.21M · ±10% · vs last sale $50.00M (Dec 28 2021)
Last sale anchor
$50.00M
Dec 28 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
$487 / 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
$473,354
Tax year 2024
Assessed value
$44,449,361
Assessed 2024
Previous assessed
$44,449,361
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$34,957,440
Assessed improvement
$9,491,921
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
1977
Heating
NONE
Total area
97,500 SF
Lot
4.29 ac (186,802 SF)
APN
432-473-11
UPID
US09-2415088
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
$31.5M
RESTAURANT
Est. value
$66.5M
RETAIL STORES
Est. value
$47.5M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$45.7M
AUTO REPAIR, GARAGE
Est. value
$43.5M
COMMERCIAL (GENERAL)
Est. value
$41.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$39.5M
OFFICE BUILDING
Est. value
$30.6M
INDUSTRIAL (GENERAL) Current
RESTAURANT
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
OFFICE BUILDING
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
1977
Heating
NONE
Lot
4.29 ac
Current owner
From public records · entity-resolved
Huspp 14191 Myford LP
Entity
Mailing address
12101 W OLYMPIC BLVD STE #200, LOS ANGELES, CA 90064-1082
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$50,000,000
Huspp 14191 Myford LP
Myford Investors II LLC
Grant Deed
—
Aug 16, 2019
—
Myford Investors II LLC
—
Deed
related
$19,000,000 · City National Bank
Feb 13, 2018
—
Myford Investors II LLC
—
Deed
related
$15,750,000 · Logix FCU
Dec 22, 2017
$22,500,000
Myford Investors II LLC
Crpf II Myford LLC
Grant Deed
—
May 19, 2016
—
Crpf II Myford LLC
—
Deed
related
$14,255,000 · Farmers & Merchants Bk/lng Bch
Jul 29, 2014
—
Crpf II Myford LLC
Psip Wr Myford LP
Grant Deed
$13,600,000 · Farmers & Merchants Bk/lng Bch
Oct 19, 2012
—
Psip Wr Myford LP
—
Grant Deed
related
$6,925,000 · City National Bank
Mar 29, 2012
$9,212,500
Psip Wr Myford LP
Smc Corp Of America
Grant Deed
—
Feb 9, 1995
—
Tustin Heitman
Smc,
Grant Deed
related
—
Nov 1, 1994
—
Pneumatics Smc
Heitm,
Grant Deed
related
—
—
—
Crpf II Myford LLC
—
Loan Modification
related
$14,255,000 · Farmers & Merchants Bk/lng Bch
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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