Back to Search
Property profile & analytics
OFF-MARKET
Showrooms
20602 Lk Frst Dr Lake Forest, CA 92630-7744
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0259144
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
1.27 ac (55,324 SF)
APN
612-032-09
UPID
US09-0259144
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
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
Cypress Express Partners LLC · 1 yrs held
Cypress Express Partners LLC
since 2025
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 Lake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Forest 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
$18,768
Tax year 2024
Assessed value
$1,799,078
Assessed 2024
Previous assessed
$1,799,078
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$783,526
Assessed improvement
$1,015,552
Applied tax rate
30.0000
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
1.27 ac (55,324 SF)
APN
612-032-09
UPID
US09-0259144
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
1.27 ac
Current owner
From public records · entity-resolved
Cypress Express Partners LLC
Entity
Free & Clear · 1 yrs held
Mailing address
590 S WHISPERING RDG LN, ANAHEIM, CA 92808-1368
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 21, 2025
—
Cypress Express Partners LLC
—
Deed
related
$3,250,000 · Tri Counties Bank
Jul 15, 2025
—
Cypress Express Partners LLC
Lake Forest Car Wash Corporation
Deed
—
Jun 15, 2021
—
Lake Forest Car Wash Corporation
—
Deed
related
$950,000 · Bbcn Bank
Jul 13, 2017
—
Lake Forest Car Wash Corp
—
Deed
related
$1,000,000 · Commonwealth Busn Bk
May 23, 2013
—
Lake Forest Car Wash Corp
—
Deed Of Trust
related
$1,081,000 · Bbu Bank
Jul 13, 2005
—
Lake Forest Car Wash Corp
Long Family Trust
Grant Deed
$1,081,000 · Centerbank
Mar 15, 2002
$1,800,000
Miller Trust
Beacon Bay Enterpirses INC
Grant Deed
$1,992,000 · California Bank & Trust
Nov 8, 1995
$1,467,000
Suzanne G Gildred
D R R Properties INC
Grant Deed
$732,000 · Seller
—
—
Lake Forest Car Wash Corp
—
Deed Of Trust
related
—
—
—
Lake Forest Car Wash Corp
—
Deed Of Trust
related
$1,000,000 · Commonwealth Busn Bk
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 20602 Lk Frst Dr?
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.
