Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    1720 Garry Ave Santa Ana, CA 92705-5805

    • Commercial real estate
    OFF-MARKET
    Last Sale
    Sep 06, 2023
    $14,750,000
    Value Estimations
    $14,750,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0224058
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Garry Lawrence Jones Law Off / Law Firm
    • Gina Skin Care / Medical Clinic / Skin Care Clinic
    • Los Robles Healthcare at Home / Home Health Care Service
    • OC Mega Remodeling / Construction Company
    • ARMSTRONG MEDICAL SOLUTIONS / Production Facility

    Property Details for 1720 Garry Ave

    Property type
    Commercial real estate
    APN
    430-171-10
    APU
    43017110

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $11,950,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Santa Ana
    County
    Orange
    State
    California
    Longitude
    -117.854
    Latitude
    33.7048
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $180,361
    $7,375,988
    $7,374,012
    $14,750,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.98 Acres

      2130 17th St

      SHOW ROOM, WAREHOUSE • 0.98 Acres
      2130 17th St, Santa Ana, CA 92705-8633
      View Details
    • Value Estimation by Request
      2.70 Acres

      1851 1st St

      SHOW ROOM, WAREHOUSE • 2.70 Acres
      1851 1st St, Santa Ana, CA 92705-4017
      View Details
    • Value Estimation by Request
      2.70 Acres

      1221 Dyer Rd, Unit 5

      SHOW ROOM, WAREHOUSE • 2.70 Acres
      1221 Dyer Rd, Santa Ana, CA 92705-5600
      View Details
    • Value Estimation by Request
      2.19 Acres

      1760 Edinger Ave

      COMMERCIAL (GENERAL) • 2.19 Acres
      1760 Edinger Ave, Santa Ana, CA 92705-5031
      View Details
    • Value Estimation by Request

      Santa Ana, CA 92705

      COMMERCIAL (GENERAL)
      Santa Ana, CA 92705
      View Details
    • Value Estimation by Request
      1.36 Acres

      1101 Tustin Ave

      COMMERCIAL (GENERAL) • 1.36 Acres
      1101 Tustin Ave, Santa Ana, CA 92705
      View Details

    Similar Nearby for Sale

    • $2,999,500
      40,068 SF

      Southern California Bowling Alley

      High-Income Bowling Alley, 25-Year Lease
      0 Please Call Broker For Details!, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      1.17 Acres

      Santa Ana Mixed-Use Investment

      Prime Santa Ana location, flexible mixed-use.
      601 Golden Circle Dr, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      18 SF

      Santa Ana Office Space

      Office property for sale in Santa Ana, California.
      550 N Parkcenter Dr, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      1,320 SF

      Santa Ana Senior Park Home

      Comfortable 2-bedroom, 2-bath home in a 55+ Santa Ana community.
      2512 View Lk, Santa Ana, CA 92705
      View Details
    • $1,500,000
      17,834.00 Acres

      North Tustin Land/Lot Opportunity

      Ready-to-build lot with RTI plans in Lemon Hill.
      13121 Lemon Leaf Ln, Santa Ana, CA 92705
      View Details
    • $385,900
      997 SF

      Turnkey Office Condo in Santa Ana

      Move-in ready office condo with versatile layout and recent upgrades.
      1913 E 17Th St, Santa Ana, CA 92705
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      9,513 SF

      Santa Ana Retail Space: Park & Paseo

      Prime Santa Ana retail, multiple suites available.
      1901 Dyer Rd, Santa Ana, CA 92705
      View Details
    • Contact for pricing
      4,054 SF

      Santa Ana Medical Office Building

      Prime Medical Office, 4,054 SF, Vacant
      999 Tustin Ave, Santa Ana, CA 92705
      View Details
    • $27 SF/Yr
      1,838 SF

      Santa Ana Fitness Center Space

      1,838 SF Retail Fitness Space in Santa Ana
      2850 Main St, Santa Ana, CA 92705
      View Details
    • $2.00 SF/Yr
      3,278 SF

      Santa Ana Office Space Available

      Second floor office space featuring multiple offices and conference room.
      1801 E Edinger Ave, Santa Ana, CA 92705
      View Details
    • $1.40 SF/Yr
      4,200 SF

      Industrial Space with Mezzanine Storage

      Multi-tenant building featuring reception, offices, and convenient freeway access.
      1534 E Edinger Ave, Santa Ana, CA 92705
      View Details
    • $1.60 SF/Yr
      1,000 SF

      Industrial Complex with Flexible Units

      Multi-tenant industrial complex featuring flexible spaces for rent.
      1242-1264 S Lyon St, Santa Ana, CA 92705
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    1720 Garry Ave
    Santa Ana, CA 92705-5805
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.