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Property profile & analytics
OFF-MARKET
Estimated value
$1,900,000
Flex space
1506 Ctr St, Anaheim, CA 92802-1004
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1836819
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1965
Total area
5,355 SF
Lot
0.22 ac (9,704 SF)
APN
250-135-01
UPID
US09-1836819
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
-
Cal-Transmissions Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.21M
Blend (final)
Blend
$1.90M
Owner & transaction history
Robnik LLC · 2 yrs held
Robnik LLC
since 2024
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.6M
+68.4%
Neighborhood: shopping center
$2.5M
+63.8%
Apartment house (5+ units)
$2.4M
+55.9%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
$1,900,000
ML approach
$1,900,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,535,000
Current use
COMMERCIAL (GENERAL)
$2,580,000
Change: +68% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$2,510,000
Change: +64% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$2,390,000
Change: +56% · Conversion: Difficult
AUTO REPAIR, GARAGE
$2,390,000
Change: +56% · Conversion: Easy
OFFICE BUILDING
$2,295,000
Change: +50% · Conversion: Difficult
RETAIL STORES
$2,035,000
Change: +33% · Conversion: Moderate
Blend value · Realmo final
$1.90M
Range $1.71M – $2.09M · ±10% · vs last sale $1.90M (Apr 15 2024)
Last sale anchor
$1.90M
Apr 15 2024
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
$355 / 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
$23,030
Tax year 2024
Assessed value
$2,002,770
Assessed 2024
Previous assessed
$2,002,770
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,876,224
Assessed improvement
$126,546
Applied tax rate
1.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1965
Heating
NONE
Stories
1
Total area
5,355 SF
Lot
0.22 ac (9,704 SF)
APN
250-135-01
UPID
US09-1836819
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
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.6M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$2.4M
OFFICE BUILDING
Est. value
$2.3M
RETAIL STORES
Est. value
$2.0M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1965
Heating
NONE
Stories
1
Lot
0.22 ac
Current owner
From public records · entity-resolved
Robnik LLC
Entity
Mailing address
22971 CALLE AZORIN, MISSION VIEJO, CA 92692-1423
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2024
—
Robnik LLC
—
Deed
related
$1,300,000 · Us Bank NA
Apr 15, 2024
$1,900,000
Robnik LLC
1506 W Center LLC
Grant Deed
$800,000 · 1506 W Center LLC
Mar 1, 2022
$1,925,000
1506 W Center LLC
Anaheim Center St LLC
Grant Deed
$1,480,000 · Jpmorgan Chase Bank NA
Jul 8, 2020
—
Anaheim Center St LLC
—
Deed
related
$900,000 · Ec Capital-oswego LLC
Apr 29, 2019
$1,500,000
Anaheim Center St LLC
Wolfcat Corp
Grant Deed
$900,000 · Common Capital LLC
Mar 12, 2019
—
Wolfcat Corp
Wolfenstein,richard J
Quit Claim Deed
—
Sep 21, 2011
$485,000
Richard J Wolfenstein
Rush,rosemarie N
Grant Deed
$200,000 · Restaino Trust (pt)
Sep 21, 2011
—
Richard J Wolfenstein
Simard,catria
Grant Deed
related
—
Oct 28, 1993
$282,000
Mahendra D Patel
Rush Trust
Grant Deed
$199,500 · Headlands Mortgage
—
—
Rosemarie N Rush
—
Deed Of Trust
related
$50,000 · Eyerly Trust
—
—
Richard Wolfenstein
—
Deed Of Trust
related
$257,500 · Restaino Trust (pt)
—
—
Anaheim Center St LLC
—
Deed Of Trust
related
$900,000 · Ec Capital-oswego LLC
—
—
Richard J Wolfenstein
—
Deed Of Trust
related
$203,000 · Catria Wolfenstein
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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