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Property profile & analytics
OFF-MARKET
Estimated value
$2,920,000
Warehouses
16632 Hale Ave Irvine, CA 92606-5073
Trust Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-2603513
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1973
Total area
16,916 SF
Lot
0.95 ac (41,329 SF)
APN
435-062-10
UPID
US09-2603513
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
-
Team Oyama MMA & Fitness Training Center Sports School
-
Aikido Kokikai OC Training Center Sports School
-
10th Planet Jiu Jitsu Irvine Training Center Sports School
-
Massage Me Thai Alternative Medicine Practice Spa & Massage Center
-
Body Restore @ Team Oyama Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$4.01M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.92M
Owner & transaction history
Cory Family Trust · 18 yrs held
Cory Family Trust
since 2007
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 Irvine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvine 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%
$4,345,000
6.5%
$4,010,000
7%
$3,725,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$4,475,000
Current use
Blend value · Realmo final
$2.92M
Range $2.63M – $3.21M · ±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
$173 / 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
$56,671
Tax year 2024
Assessed value
$5,298,688
Assessed 2024
Previous assessed
$5,298,688
+0.0% YoY
Effective rate
1.07%
On assessed value
Assessed land
$2,395,244
Assessed improvement
$2,903,444
Applied tax rate
26.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
16,916 SF
Lot
0.95 ac (41,329 SF)
APN
435-062-10
UPID
US09-2603513
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
WAREHOUSE, STORAGE Current
Est. value
$4.5M
WAREHOUSE, STORAGE Current
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
1973
Heating
NONE
Stories
1
Lot
0.95 ac
Current owner
From public records · entity-resolved
Cory Family Trust
Trust
Mailing address
16632 HALE AVE STE #125, IRVINE, CA 92606-5074
Mailing matches property
Yes
Owner-occupied
Yes
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
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 13, 2026
—
The Cory Family Trust
—
Deed
related
$550,000 · Iq Capital Advisors INC
Jan 6, 2026
—
The Cory Family Trust
—
Deed
related
$550,000 · Cma Financial Group
Aug 14, 2025
—
The Cory Family Trust
—
Deed
related
$300,000 · Ffb Bank
Feb 27, 2025
—
Charles F Cory
—
Deed
related
$575,000 · Preferred Bank
Feb 5, 2024
—
Charles F Cory JR
—
Deed
related
$4,000,000 · The Stephen And Lora Pollack Family Trus
Oct 23, 2018
—
Cory Family Trust
—
Deed
related
$3,205,000 · Citizens Busn Bk
Jun 1, 2016
—
Charles F Cory JR.
—
Deed
related
$1,805,000 · Us Bank NA
Sep 26, 2007
—
Cory Family Trust
Jc Of Dc Real Estate LLC
Grant Deed
$2,010,000 · Alliance Bank
Mar 21, 2003
—
Douglas Cwiertnia
Cwier
Quit Claim Deed
related
—
—
—
Jerome W Cwiertnia
—
Deed Of Trust
related
$1,615,000 · Merrill Lynch Business Finl Sv
—
—
Cory Family Trust
—
Deed Of Trust
related
$120,000 · Los Angeles Business Dev Corp
—
—
Cory Family Trust
—
Deed Of Trust
related
$1,920,000 · Bbu Bank
—
—
Cory Family Trust
—
Deed Of Trust
related
$3,205,000 · Citizens Busn Bk
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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