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Property profile & analytics
OFF-MARKET
Estimated value
$1,745,000
Retail space
1517 Main St, Santa Ana, CA 92701-2322
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0083634
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1956
Total area
10,670 SF
Lot
0.3 ac (13,052 SF)
APN
398-126-03
UPID
US09-0083634
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
-
RF Dance Center Training Center
-
Dance 4:13 Training Center
-
Evolution Fitness and Dance Training Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.75M
Owner & transaction history
1212 North Broadway LLC · 10 yrs held
1212 North Broadway LLC
since 2016
7 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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$164 / 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
$19,014
Tax year 2024
Assessed value
$1,624,818
Assessed 2024
Previous assessed
$1,624,818
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$1,160,586
Assessed improvement
$464,232
Applied tax rate
11.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1956
Heating
NONE
Stories
1
Total area
10,670 SF
Lot
0.3 ac (13,052 SF)
APN
398-126-03
UPID
US09-0083634
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
Building & site characteristics
From public records
Year built
1956
Heating
NONE
Stories
1
Lot
0.3 ac
Current owner
From public records · entity-resolved
1212 North Broadway LLC
Entity
Mailing address
1515 N MAIN ST, SANTA ANA, CA 92701-2322
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
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
Feb 18, 2016
—
1212 North Broadway LLC
Chalan,mike
Quit Claim Deed
$627,000 · Bank Of America
Oct 5, 2011
$825,000
Mike Chalan
Nfps INC
Grant Deed
—
Oct 5, 2011
—
Mike Chalan
Hala Chalan
Intrafamily Transfer
related
$340,000 · The Mortgage Capital Development Corpora
Apr 1, 2010
$882,000
Nfps INC
Fidelity Natl Title Co
Trustees Deed
related
—
Aug 14, 2007
$1,800,000
Brisia Main LLC
Maximum Equity Group INC
Grant Deed
$900,000 · Wachovia Bank NA
Sep 7, 2005
—
Maximum Equity Group INC
Deanda,octavio R
Grant Deed
$200,000 · Catalina Deanda
Aug 20, 1996
$400,000
Deanda,octavio F
Guitar Center Management INC
Trustees Deed
$380,000 · Seller
Aug 20, 1996
—
Octavio Deanda
Deanda,
Quit Claim Deed
related
—
Nov 1, 1995
$683,500
Guitar Center Mang Co
Guitar Center Mang Co Psp
Grant Deed
related
$150,000 · Korb Trust
Mar 3, 1989
$800,000
Raymond I Scherr
Guitar Ctr Manan
Grant Deed
—
—
—
Maximum Equity Group INC
—
Deed Of Trust
related
$900,000 · First California Bank
—
—
Mike Chalan
—
Deed Of Trust
related
$1,040,000 · Perris Valley Land Co LLC
—
—
Mike Chalan
—
Deed Of Trust
related
$412,500 · First Citizens Bank & Trust 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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