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Property profile & analytics
OFF-MARKET
Estimated value
$5,665,000
Flex space
15392 Assembly Ln, Huntington Beach, CA 92649-1337
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1930319
Property summary
AI-generated overview
This exceptional Orange County industrial property, located at 15392 Assembly Lane (cross streets: Assembly Lane & McFadden), offers multiple warehouse suites for lease. The building is a multi-tenant structure with a total of 17,352 square feet. Available spaces range from a minimum of 726 square feet to a maximum contiguous space of 3,035 square feet; a total of 21,208 square feet is currently vacant. Two suites, each approximately 3,761 square feet, are available. One suite offers a delivery date of March 1st, 2024, while the other is available immediately. Both suites can be combined for larger needs. The warehouse boasts a 20-foot ceiling height, providing ample vertical space. Each unit offers 200 amps of power (tenant verification recommended). Convenient ground-level loading is available via one loading dock. The property features a parking ratio of 1.5 spaces per 1,000 square feet. The property is zoned IG and is situated in Orange County. Recent building renovations have been completed. A motivated landlord is eager to lease this prime warehouse space.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Total area
12,008 SF
Lot
0.59 ac (25,804 SF)
APN
145-534-09
UPID
US09-1930319
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
-
Your Animals Best Friend Kennel & Boarding Facility
-
Visual Arts by GBS (Bike/Boat/Book/etc) Store
-
Gene Bolton Sales (Bike/Boat/Book/etc) Store Printing Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.11M
Blend (final)
Blend
$5.67M
Owner & transaction history
Jolly Commercial LLC · 4 yrs held
Jolly Commercial LLC
since 2022
Last sale
$5.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.2M
+119.3%
Commercial (general)
$6.7M
+79.2%
Retail stores
$5.9M
+56.7%
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 Huntington Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Beach 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
$6,400,000
ML approach
$6,315,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,735,000
Current use
RESTAURANT
$8,195,000
Change: +119% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,690,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$5,850,000
Change: +57% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,635,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,355,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$5,150,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,100,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$5.67M
Range $5.10M – $6.23M · ±10% · vs last sale $5.25M (Jun 22 2022)
Last sale anchor
$5.25M
Jun 22 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
$472 / 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
$64,269
Tax year 2024
Assessed value
$5,462,100
Assessed 2024
Previous assessed
$5,462,100
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$4,863,870
Assessed improvement
$598,230
Applied tax rate
4.0000
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
1979
Heating
NONE
Stories
1
Units
4
Total area
12,008 SF
Lot
0.59 ac (25,804 SF)
APN
145-534-09
UPID
US09-1930319
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
$3.7M
RESTAURANT
Est. value
$8.2M
COMMERCIAL (GENERAL)
Est. value
$6.7M
RETAIL STORES
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.6M
AUTO REPAIR, GARAGE
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.1M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
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
1979
Heating
NONE
Stories
1
Units
4
Lot
0.59 ac
Current owner
From public records · entity-resolved
Jolly Commercial LLC
Entity
Mailing address
120 TUSTIN AVEC1056, NEWPORT BEACH, CA 92663-4729
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 5, 2022
—
Jolly Commercial LLC
—
Deed
related
$2,142,000 · Cdc Small Business Finance
Jun 22, 2022
$5,250,000
Jolly Commercial LLC
William K Schopp
Grant Deed
$2,084,000 · Mvb Bank INC
Jun 30, 2009
—
William K Schopp
Schopp,karl
Affidavit Of Death
related
—
Sep 23, 1999
—
Karl Schopp
Schopp,
Quit Claim Deed
related
—
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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