Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$228,225,000
Showrooms
17872 Gillette Ave Irvine, CA 92614-6534
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-2552468
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
0.78 ac (34,021 SF)
APN
435-111-15
UPID
US09-2552468
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
-
Orange County Physical Therapy OCPT, Inc. Physician
-
Orange County Physical Therapy OCPT Physician
-
RapidScale Tech Support Center IT Consulting Firm
-
Marriott Sales Office Corporate Office
-
Mazda North American Operations, Western Region Corporate Office Business Park
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$228.23M
Owner & transaction history
Mim Intersect Owner LLC · 4 yrs held
Mim Intersect Owner LLC
since 2022
Last sale
$235.3M
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
$214,170,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$228.23M
Range $205.40M – $251.05M · ±10% · vs last sale $235.25M (Jun 17 2022)
Last sale anchor
$235.25M
Jun 17 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
—
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
$505,948
Tax year 2024
Assessed value
$48,898,800
Assessed 2024
Previous assessed
$48,898,800
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$37,341,879
Assessed improvement
$11,556,921
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Heating
NONE
Lot
0.78 ac (34,021 SF)
APN
435-111-15
UPID
US09-2552468
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
Heating
NONE
Lot
0.78 ac
Current owner
From public records · entity-resolved
Mim Intersect Owner LLC
Entity
Mailing address
17872 S GILLETTE AVE STE #120, IRVINE, CA 92614-6573
Mailing matches property
Yes
Owner-occupied
Yes
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 17, 2022
$235,250,000
Mim Intersect Owner LLC
Quintana Office Property LLC
Grant Deed
$117,625,000 · Allianz Life Ins Co Of North Americ
Jun 8, 2020
—
Quintana Office Property LLC
—
Deed
related
$182,100,000 · Metlife Commercial Mortgage Originator L
Apr 30, 2018
—
Quintana Office Property LLC
—
Grant Deed
related
$108,000,000 · Miscellaneous Ins Co
Oct 14, 2016
—
Quintana Office Property LLC
—
Deed
related
$78,978,750 · Miscellaneous Ins Co
May 2, 2016
—
Quintana Office Property LLC
—
Deed
related
$75,453,750 · Miscellaneous Ins Co
Dec 6, 2010
—
Quintana Office Ptrs LLC
Owner Name Unavailable
Grant Deed
related
—
Nov 23, 2004
—
Props-irvine Mv Campus Maguire
Maguire Properties
Quit Claim Deed
related
$106,000,000 · Column Financial INC
Mar 18, 1999
—
Irvine Corporate Center INC
Lba-vfi Irvine Plaza LLC
Quit Claim Deed
related
—
—
—
Quintana Office Property LLC
—
Deed Of Trust
related
$75,453,750 · Miscellaneous Ins Co
—
—
Quintana Office Property LLC
—
Loan Modification
related
$75,453,750 · Miscellaneous Ins Co
—
—
Quintana Office Property LLC
—
Loan Modification
related
$78,978,750 · 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?”
You own 17872 Gillette Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
