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Property profile & analytics
OFF-MARKET
Drive through restaurants
201 State College Blvd Anaheim, CA 92806-2912
Entity Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2729870
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1978
Total area
2,338 SF
Lot
0.71 ac (30,977 SF)
APN
035-290-67
UPID
US09-2729870
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
-
Tierra Mia Coffee Drive Thru Cafe & Coffee Shop
-
Shell Car Wash
-
Food Mart Gas Station
-
Shell Auto Repair Shop Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
201 State College LLC · 8 yrs held
201 State College LLC
since 2017
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
—
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
$26,132
Tax year 2024
Assessed value
$2,119,484
Assessed 2024
Previous assessed
$2,119,484
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$1,762,519
Assessed improvement
$356,965
Applied tax rate
1.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1978
Heating
NONE
Stories
1
Total area
2,338 SF
Lot
0.71 ac (30,977 SF)
APN
035-290-67
UPID
US09-2729870
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
1978
Heating
NONE
Stories
1
Lot
0.71 ac
Current owner
From public records · entity-resolved
201 State College LLC
Entity
Mailing address
2108 N BROADWAY, LOS ANGELES, CA 90031-2205
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 21, 2017
$1,900,000
201 State College LLC
Arora,rakesh & Neetu
Grant Deed
$1,200,000 · Romero Family Trust (pt)
Mar 31, 2004
$872,500
Rakesh Arora
Hammersmith,paul E
Grant Deed
$698,000 · Premier Commercial Bank NA
Dec 4, 1998
—
Paul Hammersmith
Hammersmith,
Quit Claim Deed
related
—
Nov 25, 1998
—
Paul Hammersmith
Pak,
Grant Deed
related
—
Feb 16, 1993
—
Brigette B J Pak
Pak,brigette B
Quit Claim Deed
related
$280,000 · Korea First Bank
Dec 22, 1992
$3,950,000
Bell Diversified Dev INC
Union Fed Bank
Grant Deed
$3,412,800 · Seller
Nov 27, 1990
$367,000
Ty Pak
Wcwp
Grant Deed
$267,000 · Seller
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
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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