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Property profile & analytics
OFF-MARKET
Estimated value
$6,970,000
Showrooms
1510 Commonwealth Ave, Fullerton, CA 92831-4026
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2999397
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1955
Total area
22,346 SF
Lot
1.53 ac (66,749 SF)
APN
033-333-09
UPID
US09-2999397
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
-
Crescent Landing at Fullerton Memory Care Nursing Home Retirement Community
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.81M
CAP Approach
CAP
$5.82M
Comparable Approach
Comparable
$8.43M
Blend (final)
Blend
$6.97M
Owner & transaction history
Frontier Exchange Landlord Group Ll · 5 yrs held
Frontier Exchange Landlord Group Ll
since 2021
Last sale
$7.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$10.5M
+16.2%
Auto repair, garage
$10.0M
+10.5%
Industrial (general)
$9.7M
+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
$7,130,000
ML approach
$6,810,000
CAP Approach
CAP Return
Estimation
6%
$6,300,000
6.5%
$5,815,000
7%
$5,400,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$9,025,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$10,480,000
Change: +16% · Conversion: Difficult
AUTO REPAIR, GARAGE
$9,970,000
Change: +10% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$9,720,000
Change: +8% · Conversion: Moderate
OFFICE BUILDING
$9,585,000
Change: +6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,220,000
Change: +2% · Conversion: Moderate
RETAIL STORES
$7,750,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$6.97M
Range $6.27M – $7.67M · ±10% · vs last sale $6.97M (Jul 1 2021)
Last sale anchor
$6.97M
Jul 1 2021
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
$312 / 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
$84,906
Tax year 2024
Assessed value
$7,153,053
Assessed 2024
Previous assessed
$7,153,053
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$5,039,459
Assessed improvement
$2,113,594
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
Off-Market
Year built
1955
Heating
NONE
Stories
3
Rooms
9
Bathrooms
2
Total area
22,346 SF
Lot
1.53 ac (66,749 SF)
APN
033-333-09
UPID
US09-2999397
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
$9.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$10.5M
AUTO REPAIR, GARAGE
Est. value
$10.0M
INDUSTRIAL (GENERAL)
Est. value
$9.7M
OFFICE BUILDING
Est. value
$9.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.2M
RETAIL STORES
Est. value
$7.8M
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
1955
Heating
NONE
Stories
3
Rooms
9
Bathrooms
2
Lot
1.53 ac
Current owner
From public records · entity-resolved
Frontier Exchange Landlord Group Ll
Entity
Mailing address
4500 DORR ST, TOLEDO, OH 43615-4040
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 2021
$6,969,000
Frontier Exchange Landlord Group Ll
Wc Fullerton LLC
Grant Deed
—
Jul 13, 2016
—
Wc-fullerton LLC
—
Deed
related
$178,900,000 · Other Institutional Lenders
Jan 6, 2015
—
Wc-fullerton LLC
—
Loan Modification
related
$205,361,284 · General Elec Cap
Feb 1, 2012
—
Wc-fullerton LLC
—
Deed Of Trust
related
$20,920,000 · General Electric Capital Corp
May 9, 2011
—
Wc-fullerton LLC
—
Deed Of Trust
related
$7,875,000 · General Electric Capital Corp
Feb 13, 2007
—
Wc-fullerton LLC
—
Deed Of Trust
related
$7,875,000 · General Electric Capital Corp
Jan 23, 2007
—
Wc-fullerton LLC
Fullerton Gardens LLC
Quit Claim Deed
—
Oct 8, 2004
—
Fullerton Gardens LLC
Neches,yehezkel & Stella
Grant Deed
$24,000,000 · General Electric Capital Corp
—
—
Neches Yehezkel
—
Deed Of Trust
related
$700,000 · Unum Life Insurance Co America
—
—
Wc-fullerton LLC
—
Deed Of Trust
related
$178,900,000 · Other Institutional Lenders
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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