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Property profile & analytics
OFF-MARKET
Estimated value
$3,530,000
Warehouses
14251 Franklin Ave, Tustin, CA 92780-7046
Entity Owned
21-yr Hold
~
Est. High Equity
Property ID
US09-2275910
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1975
Total area
24,992 SF
Lot
1.24 ac (54,000 SF)
APN
432-472-16
UPID
US09-2275910
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
-
Pearlworks Inc. Architect Carpenter
-
Pearl Coatings Powder Coating Service Sandblasting Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.53M
Owner & transaction history
14251 Franklin Ave LLC · 21 yrs held
14251 Franklin Ave LLC
since 2005
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$141 / 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
$42,605
Tax year 2024
Assessed value
$3,997,259
Assessed 2024
Previous assessed
$3,997,259
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,596,516
Assessed improvement
$1,400,743
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1975
Heating
NONE
Stories
1
Total area
24,992 SF
Lot
1.24 ac (54,000 SF)
APN
432-472-16
UPID
US09-2275910
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
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Lot
1.24 ac
Current owner
From public records · entity-resolved
14251 Franklin Ave LLC
Entity
Mailing address
14251 FRANKLIN AVE, TUSTIN, CA 92780-7046
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 6, 2021
—
14251 Frenklin Avenue LLC
—
Deed
related
$166,000 · Cdc Small Business Finance Corp
Jun 4, 2021
—
14251 Franklin Avenue LLC
—
Deed
related
$1,150,000 · Sunwest Bank
Apr 14, 2005
—
14251 Franklin Ave LLC
Barker Pollock
Grant Deed
$2,193,750 · Wells Fargo Bank NA
Sep 29, 1994
—
Barker Pollock Sansevero
Sansevero,
Quit Claim Deed
related
—
Sep 14, 1994
$1,150,000
Sansevero,barker Pollock
Probeam INC
Trustees Deed
$1,012,000 · Sunwest Bank
Sep 14, 1994
—
Barker Pollock Sansevero
Sansevero,
Quit Claim Deed
related
—
Feb 11, 1994
$1,293,275
Probeam INC
Franklin Acquisi
Trustees Deed
—
Apr 30, 1993
$1,080,500
Acquisition Franklin
Probeam INC
Grant Deed
related
$1,237,500 · Probeam INC
—
—
Sansevero Barker
—
Deed Of Trust
related
$990,000 · City National Bank
—
—
14251 Franklin Avenue LLC
—
Deed Of Trust
related
$770,000 · Hazen John D Trust
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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