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Property profile & analytics
FOR SALE
Showrooms
1500 S Raymond Ave, Fullerton, CA 92831
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1547038
For Sale
$41,560,000
1500 S Raymond Ave, Fullerton, CA 92831
View Listing →
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Pacific Insurance Services LLC Insurance Agency
-
ChargePoint Charging Station Electric Vehicle Charging Station
-
InvestClub Real Estate Agency
-
Amazon Hub Locker - Ejector Postal Service Courier Service
-
Martin Ayala Restaurant
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
Rexford Industrial 1500 Raymond LLC · 4 yrs held
Rexford Industrial 1500 Raymond LLC
since 2022
Last sale
$45.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$67.9M
+16.2%
Auto repair, garage
$64.5M
+10.5%
Industrial (general)
$63.0M
+7.7%
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
$40,970,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$40,805,000
6.5%
$37,665,000
7%
$34,975,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$58,425,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$67,875,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$64,545,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$62,950,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$62,075,000
Change: +6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$59,695,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$50,175,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$41.56M
Range $37.40M – $45.72M · ±10% · vs last sale $45.00M (Jun 1 2022)
Last sale anchor
$45.00M
Jun 1 2022
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
$287 / 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
$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
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
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
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
COMMERCIAL (GENERAL) Current
Est. value
$58.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$67.9M
AUTO REPAIR, GARAGE
Est. value
$64.5M
INDUSTRIAL (GENERAL)
Est. value
$63.0M
OFFICE BUILDING
Est. value
$62.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$59.7M
RETAIL STORES
Est. value
$50.2M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1968
Heating
NONE
Stories
3
Units
3
Lot
4.96 ac
Current owner
From public records · entity-resolved
Rexford Industrial 1500 Raymond LLC
Entity
Mailing address
11620 WILSHIRE BLVD STE #100, LOS ANGELES, CA 90025-6801
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
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 1, 2022
$45,000,000
Rexford Industrial 1500 Raymond LLC
Huoyen International INC
Grant Deed
$165,000,000 · Deutsche Bank Trust Co Americas
Dec 13, 2021
—
Huoyen International INC
—
Deed
related
$2,000,000 · United States Small Business Admin
Oct 8, 2020
—
Ap Wireless Investments I LLC
—
Deed
related
$115,000,000 · Deutsche Bank Trust Co Americas
Oct 29, 2018
—
Huoyen International INC
—
Deed
related
$3,000,000 · First General Bk
Nov 21, 2012
—
Huoyen International INC
—
Deed Of Trust
related
$3,000,000 · First General Bank
Apr 28, 1995
$3,800,000
Huoyen International INC
Aetna Life Insurance Co
Grant Deed
—
Sep 23, 1988
$100,000
Fullerton Inn In
Preferred Proper
Grant Deed
related
—
—
—
Huoyen International INC
—
Loan Modification
related
$3,000,000 · First General Bk
—
—
Huoyen International INC
—
Deed Of Trust
related
$2,000,000 · First General Bank
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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