Entity Owned Property summary
AI-generated overview
This 917-square-foot office suite in Orange, CA, presents a unique acquisition opportunity. Located at 1500 Katella Avenue, Unit 9, this first-floor space boasts a private entrance, a welcoming reception area, and a private office, perfect for various professional uses, including aesthetic medicine or skincare. Its strategic location in the heart of Orange, with major street signage and proximity to the 55 freeway, ensures high visibility and convenient access. The property sits on a 0.09-acre lot and benefits from recent capital improvements, including a new roof (August 2023) and parking lot renovations (2021-2022). The active HOA maintains common areas, providing peace of mind. The surrounding area, including nearby Villa Park and a major retail center, fosters a thriving business environment. Owning this suite offers stability and control, eliminating the uncertainties of leasing. This is a chance to invest in a prime Orange County location and build your business's future. The asking price is $649,000.
Property profile
Verified
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Year built
1962
Total area
2,743 SF
Lot
0.09 ac (4,125 SF)
APN
933-290-10
UPID
US09-0649139
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Dental Office
-
Construction Company General Contractor
-
Real Estate Agency
-
Dental Office
-
Dental Office
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.09M
Owner & transaction history
since 2022
Last sale
$2.0M
3 recorded transactions
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 24 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
Professional Plan · 30 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.09M
Value range
$977k – $1.19M
±10% around blend
Estimated value / SF
$396 / SF
Confidence
High
24 county-verified comps
Property data
75
Market benchmarks
67
Comparable evidence
100
$977k
blend $1.09M
$1.19M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,743 SF
Lot area
0.09 ac
Year built
1962
APN
933-290-10
Assessed value
$2,028,780
Annual tax
$22,726
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$1.00M
Weighted, 20 comps · high confidence
Evidence
24 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
13.1 mi away · 2,736 SF
14.2 mi away · 1,988 SF
15.2 mi away · 3,218 SF
15.2 mi away · 3,218 SF
15.2 mi away · 3,218 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.09M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 51 sales
$568
-30%
County 297 sales
$429
-8%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $396/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 24 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.95M
Move the market yield to see immediate price impact.
Value / SF
$711
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$123k
$2.46M
$1.75M
$1.37M
$137k
$2.73M
$1.95M
$1.52M
$150k
$3.00M
$2.15M
$1.67M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
24 found
High confidence · county-verified
Closest comparable
$175k
9.4 mi · Jan 2026 · $85/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$22,726
Tax year 2024
Assessed value
$2,028,780
Assessed 2024
Previous assessed
$2,028,780
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,751,796
Assessed improvement
$276,984
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office Spaces
Use group
CONDOMINIUM OFFICES
Status
Off-Market
Year built
1962
Heating
NONE
Total area
2,743 SF
Lot
0.09 ac (4,125 SF)
APN
933-290-10
UPID
US09-0649139
Jurisdiction
ORANGE
Metro division
SANTA ANA-ANAHEIM-IRVINE, CA METROPOLITAN DIVISION
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
1962
Heating
NONE
Lot
0.09 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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