New search
Property profile & analytics
OFF-MARKET
Estimated value
$9,365,000
Flex space
1927 Glassell St Orange, CA 92865-4313
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0129952
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Total area
3,609 SF
Lot
1.73 ac (75,358 SF)
APN
374-441-02
UPID
US09-0129952
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
-
Made Blinds (Bike/Boat/Book/etc) Store Home Decor Store
-
KDC Construction Construction Company
-
Cirks Construction Inc Construction Company General Contractor
-
Meyer Construction Services Painting Service General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.85M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$9.37M
Owner & transaction history
Cirks Properties II LLC · 4 yrs held
Cirks Properties II LLC
since 2021
Last sale
$8.5M
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 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
Method
Estimation
Statistic approach
$10,615,000
ML approach
$9,850,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$9.37M
Range $8.43M – $10.30M · ±10% · vs last sale $8.50M (Nov 15 2021)
Last sale anchor
$8.50M
Nov 15 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
$2,595 / 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
$101,267
Tax year 2024
Assessed value
$9,129,000
Assessed 2024
Previous assessed
$9,129,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$8,088,598
Assessed improvement
$1,040,402
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Units
1
Total area
3,609 SF
Lot
1.73 ac (75,358 SF)
APN
374-441-02
UPID
US09-0129952
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
1979
Heating
NONE
Stories
1
Units
1
Lot
1.73 ac
Current owner
From public records · entity-resolved
Cirks Properties II LLC
Entity
Mailing address
1442 E LINCOLN AVE #144, ORANGE, CA 92865-1934
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
Nov 15, 2021
$8,500,000
Cirks Properties II LLC
Meyer Properties LLC
Grant Deed
$5,950,000 · Partners Bank
Oct 24, 2019
—
Meyer Properties LLC
—
Deed
related
$1,500,000 · American Business Bank
Mar 18, 2019
—
Meyer Properties LLC
—
Deed
related
$2,213,000 · Business Fin Cap
Feb 15, 2019
$6,030,000
Meyer Properties LLC
Avc Properties LLC
Grant Deed
$3,300,000 · Morgan Stanley Bank NA
Jul 21, 2005
—
Avc Properties LLC
Budget Blinds INC
Grant Deed
$2,720,000 · City National Bank
Sep 2, 2003
$2,375,000
Budget Blinds INC
Rossman,tr
Grant Deed
$1,425,000 · Zions First National Bank
—
—
Meyer Properties LLC
—
Deed Of Trust
related
$3,300,000 · Morgan Stanley Bk
—
—
Budget Blinds
—
Deed Of Trust
related
$720,000 · First American Savings Bank
—
—
Rossman Trust
—
Deed Of Trust
related
$575,000 · Orange National Bank
—
—
Meyer Properties LLC
—
Loan Modification
related
$2,152,386 · Harvest Com'l Cap LLC
—
—
Meyer Properties LLC
—
Deed Of Trust
related
$2,213,000 · Business Fin Cap
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 1927 Glassell St?
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.
