Entity Owned 
For Sale
Contact for pricing
1500 S Raymond Ave, Fullerton, CA 92831
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Property summary
AI-generated overview
The property is a free-standing Class A industrial building with a fenced 2.33-acre yard. The building contains 7,380 square feet of office space and features a clear height of 36 feet. Electrical service is rated at 3,000 amps at 277/480, with ESFR K25.5 fire protection designed for 40 PSI. The loading area includes 16 dock-high doors and one ground-level door. Trailer parking supports up to 40 trailers, with parking stalls sized at 55 feet by 12 feet.
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1968
Total area
144,694 SF
Lot
4.96 ac (216,124 SF)
APN
267-031-06
UPID
US09-1547038
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
-
Insurance Agency
-
Electric Vehicle Charging Station
-
Real Estate Agency
-
Postal Service Courier Service
-
Restaurant
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$37.67M
Comparable Approach
Comparable
$39.16M
Blend (final)
Blend
$41.56M
Owner & transaction history
since 2022
Last sale
$45.0M
7 recorded transactions
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$67.9M
+16.2%
Auto repair, garage
$64.5M
+10.5%
Industrial (general)
$63.0M
+7.7%
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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Unlock the complete Valuation workflow
Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
7 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$41.56M
Value range
$37.40M – $45.72M
±10% around blend
Estimated value / SF
$287 / SF
Confidence
Property data
88
Market benchmarks
100
Comparable evidence
60
$37.40M
blend $41.56M
$45.72M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
144,694 SF
Lot area
4.96 ac
Year built
1968
Stories
3
APN
267-031-06
Assessed value
$33,219,972
Annual tax
$392,132
3
Income approach: direct capitalization
Partial preview
Income approach indication
$37.67M
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$40.81M
@ 6.5% CAP return
$37.67M
@ 7% CAP return
$34.98M
4
Sales comparison
Partial preview
Sales approach indication
$39.16M
Range $33.75M – $73.96M
Evidence
6 found
Recent peer sales in this city
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$41.56M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 23 sales
$404
-29%
Submarket 79 sales
$461
-38%
County 1456 sales
$479
-40%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $287/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+16%
vs current-use indication
Auto Repair, Garage
Industrial (general)
Office Building
Apartment House (5+ Units)
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Modeled
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: income and sales evidence cover the value conclusion.
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.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
Implied cap rate
6.00%
Implied, in-place cap rate for this showrooms
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 6.00%
9.0%
NOI (est.)
$3.15M *
Last sale · Jun 2022
$45.00M
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$52.50M
Move the market yield to see immediate price impact.
Value / SF
$363
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
5.50%6.00%6.50%
$2.84M
$51.55M
$47.25M
$43.62M
$3.15M
$57.27M
$52.50M
$48.46M
$3.47M
$63.00M
$57.75M
$53.31M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$392,132
Tax year 2024
Assessed value
$33,219,972
Assessed 2024
Previous assessed
$33,219,972
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$31,139,172
Assessed improvement
$2,080,800
Applied tax rate
3.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Year built
1968
Heating
NONE
Stories
3
Units
3
Total area
144,694 SF
Lot
4.96 ac (216,124 SF)
APN
267-031-06
UPID
US09-1547038
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.
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1968
Heating
NONE
Stories
3
Units
3
Lot
4.96 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.
Registration is required before any owner information is shown.
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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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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