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Property profile & analytics
FOR LEASE
Warehouses
17353 Derian Ave Irvine, CA 92614
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0902460
For Lease
1 / 4
$17,140,000
17353 Derian Ave, Irvine, CA 92614
View Listing →
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1980
Total area
80,886 SF
Lot
3.19 ac (138,748 SF)
APN
435-052-29
UPID
US09-0902460
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
-
Impressions Vanity Co. Furniture & Home Goods Home Decor Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$11.88M
CAP Approach
CAP
$19.54M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$17.14M
Owner & transaction history
Derian Apg LLC · 6 yrs held
Derian Apg LLC
since 2020
Last sale
$16.6M
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
$21,030,000
ML approach
$11,880,000
CAP Approach
CAP Return
Estimation
6%
$21,165,000
6.5%
$19,535,000
7%
$18,140,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$21,400,000
Current use
Blend value · Realmo final
$17.14M
Range $15.43M – $18.85M · ±10% · vs last sale $16.63M (Jan 3 2020)
Last sale anchor
$16.63M
Jan 3 2020
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
$212 / 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
$186,172
Tax year 2024
Assessed value
$17,825,358
Assessed 2024
Previous assessed
$17,825,358
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$13,844,274
Assessed improvement
$3,981,084
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
For Lease
Year built
1980
Heating
NONE
Stories
1
Total area
80,886 SF
Lot
3.19 ac (138,748 SF)
APN
435-052-29
UPID
US09-0902460
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
$21.4M
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
1980
Heating
NONE
Stories
1
Lot
3.19 ac
Current owner
From public records · entity-resolved
Derian Apg LLC
Entity
Free & Clear · 6 yrs held
Mailing address
100 BAYVIEW CIR STE #310, NEWPORT BEACH, CA 92660-8910
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 9, 2021
—
Derian Apg LLC
—
Deed
related
$145,000,000 · Pacific Life Insurance Co
Apr 13, 2020
—
Derian Apg LLC
—
Deed
related
$145,000,000 · Miscellaneous Ins Co
Jan 3, 2020
$16,625,000
Derian Apg LLC
Group Effort 6 LLC
Grant Deed
—
Mar 1, 2016
$11,801,000
Group Effort 6 LLC
Mdd Derian 3 LP
Grant Deed
$8,850,750 · First Foun Bk
Sep 4, 2008
—
Derian 3 Mdd
D & A Greenleaf Management LLC
Grant Deed
—
Aug 13, 2008
—
Mdd Management INC
Derderian Mike
Grant Deed
—
Jul 2, 2008
—
Mike Derderian
Derderian Trust
Quit Claim Deed
related
—
Jul 9, 2007
—
Derderian Trust
Derderian Family Trust
Quit Claim Deed
related
—
Apr 24, 2006
—
Mike Derderian
Derderian,dorothy D
Affidavit Of Death
related
—
Dec 31, 2002
—
John Greenleaf
Green
Quit Claim Deed
related
—
Jan 28, 2002
$733,500
Greenleaf Trust
Derderian Trust
Grant Deed
—
—
—
Derian Apg LLC
—
Deed Of Trust
related
$145,000,000 · Miscellaneous Ins 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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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