New search
Property profile & analytics
OFF-MARKET
Estimated value
$13,715,000
Retail properties & Spaces
1855 Tustin St Orange, CA 92865-4604
Entity Owned
19-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2971723
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1968
Total area
113,100 SF
Lot
12.06 ac (525,155 SF)
APN
372-301-03
UPID
US10-2971723
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
-
Pro Desk at The Home Depot Big Box & Wholesale Store Building Supply
-
Penske Truck Rental Car Rental Facility
-
Compact Power Equipment Rental (Bike/Boat/Book/etc) Store Rental Equipment Company
-
Tool & Truck Rental Center at The Home Depot Rental Equipment Company
-
Yale KeyExpress Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$13.72M
Owner & transaction history
Hd Dev Of Maryland INC · 19 yrs held
Hd Dev Of Maryland INC
since 2006
4 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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$121 / 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
$183,425
Tax year 2024
Assessed value
$16,399,051
Assessed 2024
Previous assessed
$16,399,051
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$12,982,590
Assessed improvement
$3,416,461
Applied tax rate
8.0000
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
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
113,100 SF
Lot
12.06 ac (525,155 SF)
APN
372-301-03
UPID
US10-2971723
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
Year built
1968
Heating
NONE
Stories
1
Lot
12.06 ac
Current owner
From public records · entity-resolved
Hd Dev Of Maryland INC
Entity
Free & Clear · 19 yrs held
Mailing address
2455 PACES FRY RD SE, ATLANTA, GA 30339-1834
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2006
$1,500
Hd Dev Of Maryland INC
Home Depot USA INC
Grant Deed
—
Mar 1, 2006
—
Home Depot USA INC
Orange Associates
Grant Deed
related
—
Sep 12, 2005
—
Triester Intl Trading Corp
Triester Orange Realty Corp
Quit Claim Deed
related
—
Nov 12, 2004
—
Orange Assoc
Owner,record
Grant Deed
related
—
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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