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Property profile & analytics
OFF-MARKET
Estimated value
$7,750,000
Showrooms
151 Kraemer Blvd Placentia, CA 92870-5002
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1693433
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1988
Total area
31,433 SF
Lot
2 ac (87,121 SF)
APN
340-311-02
UPID
US09-1693433
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
-
CJR Builders Inc Construction Company General Contractor
-
Tempo Videoworks Film Production Television Studio
-
Rhonda Shader - State Farm Insurance Insurance Agency
-
Kristina Simpson - State Farm Insurance Agent Insurance Agency
-
Family Law Offices of Gary Perotin Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$8.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.75M
Owner & transaction history
Fkc Founders Courts LLC · 19 yrs held
Fkc Founders Courts LLC
since 2007
6 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 Placentia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placentia 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,840,000
6.5%
$8,160,000
7%
$7,580,000
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$12,725,000
Change: -16% · Conversion: Moderate
Blend value · Realmo final
$7.75M
Range $6.98M – $8.53M · ±10%
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
$247 / 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
$95,411
Tax year 2024
Assessed value
$8,527,559
Assessed 2024
Previous assessed
$8,527,559
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$384,626
Assessed improvement
$8,142,933
Applied tax rate
9.0000
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
Off-Market
Year built
1988
Heating
NONE
Total area
31,433 SF
Lot
2 ac (87,121 SF)
APN
340-311-02
UPID
US09-1693433
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
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.7M
APARTMENT HOUSE (5+ UNITS)
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
1988
Heating
NONE
Lot
2 ac
Current owner
From public records · entity-resolved
Fkc Founders Courts LLC
Entity
Mailing address
180 N RIVERVIEW DR STE #100, ANAHEIM, CA 92808-1228
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2007
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 27, 2017
—
Fkc Founders Courts LLC
—
Deed
related
$6,900,000 · Miscellaneous Ins Co
Jul 10, 2007
—
Fkc Founders Courts LLC
Fkc LLC
Quit Claim Deed
related
$8,350,000 · Guardian Life Insurance Co
Aug 3, 2005
—
Fkc Founders Courts LLC
Fkc LLC
Quit Claim Deed
related
—
—
—
Fkc Partners
—
Deed Of Trust
related
$1,500,000 · Franklin Life In
—
—
Fkc Partners
—
Deed Of Trust
related
$500,000 · Individual
—
—
Fkc Founders Courts LLC
—
Deed Of Trust
related
$6,900,000 · Miscellaneous Ins Co
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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