Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$2,785,000
Warehouses
181 Gemini Ave Brea, CA 92821-3702
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1397368
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1978
Total area
10,527 SF
Lot
0.59 ac (25,574 SF)
APN
296-121-06
UPID
US09-1397368
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
-
VX DESIGN SOLUTIONS, INC. Construction Company General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.84M
CAP Approach
CAP
$2.49M
Comparable Approach
Comparable
$3.86M
Blend (final)
Blend
$2.79M
Owner & transaction history
Michael Jerome Curry · 5 yrs held
Michael Jerome Curry
since 2021
Last sale
$2.7M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$4.5M
+62.2%
Apartment house (5+ units)
$4.3M
+53.1%
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 Brea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brea 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
$2,825,000
ML approach
$2,835,000
CAP Approach
CAP Return
Estimation
6%
$2,690,000
6.5%
$2,485,000
7%
$2,305,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,785,000
Current use
OFFICE BUILDING
$4,515,000
Change: +62% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$4,260,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$2.79M
Range $2.51M – $3.06M · ±10% · vs last sale $2.74M (Feb 10 2021)
Last sale anchor
$2.74M
Feb 10 2021
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
$265 / 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
$33,557
Tax year 2024
Assessed value
$2,904,546
Assessed 2024
Previous assessed
$2,904,546
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$2,292,209
Assessed improvement
$612,337
Applied tax rate
2.0000
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
1978
Heating
NONE
Stories
1
Total area
10,527 SF
Lot
0.59 ac (25,574 SF)
APN
296-121-06
UPID
US09-1397368
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
$2.8M
OFFICE BUILDING
Est. value
$4.5M
APARTMENT HOUSE (5+ UNITS)
Est. value
$4.3M
WAREHOUSE, STORAGE Current
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
1978
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Michael Jerome Curry
Individual
Mailing address
1307 DENISE CT, BREA, CA 92821-2014
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Feb 10, 2021
$2,737,500
Michael Jerome Curry
Claudio J Saltarelll &cecilia M Car
Grant Deed
—
Jul 7, 2016
—
Claudio J Saltarelli & Cecilia
—
Deed
related
$1,350,000 · California Bk&tr
Aug 10, 2012
—
Claudio J Saltarelli & Cecilia M Ca
Claudio J Saltarelli & Cecilia M Ca
Grant Deed
related
$1,330,000 · Mission Valley Bank
Jul 19, 2007
—
Claudio J Saltarreli
Saltarelli,claudio
Quit Claim Deed
—
Apr 7, 2006
—
Frank D Wykoff
Wykoff,theresa D
Quit Claim Deed
$1,182,000 · Zions First National Bank
Nov 1, 2005
—
Gary D Holcomb
G & D Ents
Quit Claim Deed
related
—
Nov 30, 1989
$734,000
G&d Enterprises
Reeves Larry
Trustees Deed
$366,800 · Excelmark Financ
—
—
G&d Enterprises
—
Deed Of Trust
related
$296,000 · Santa Ana Econom
—
—
Larry Reeves
—
Deed Of Trust
related
$125,000 · Orange National Bank
—
—
G&d Enterprises
—
Deed Of Trust
related
—
—
—
Claudio J Saltarelli & Cecilia
—
Deed Of Trust
related
$1,350,000 · California Bk&tr
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 181 Gemini 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.
