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Property profile & analytics
OFF-MARKET
Estimated value
$2,010,000
Commercial land
2205 Palmyra Ave Orange, CA 92869-4636
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1490853
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.97 ac (42,351 SF)
APN
392-052-24
UPID
US09-1490853
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
$1.93M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.01M
Owner & transaction history
Komerstone Park LLC · 4 yrs held
Komerstone Park LLC
since 2021
Last sale
$2.1M
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
$1,595,000
ML approach
$1,925,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.01M
Range $1.81M – $2.21M · ±10% · vs last sale $2.05M (Jul 23 2021)
Last sale anchor
$2.05M
Jul 23 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
—
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
$3,715
Tax year 2024
Assessed value
$349,965
Assessed 2024
Previous assessed
$349,965
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$349,965
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.97 ac (42,351 SF)
APN
392-052-24
UPID
US09-1490853
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
0.97 ac
Current owner
From public records · entity-resolved
Komerstone Park LLC
Entity
Mailing address
7632 E SANTIAGO CYN RD, ORANGE, CA 92869-1812
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 18, 2026
—
Kornerstone Park LLC
—
Deed
related
$3,081,800 · Wallis State Bank
Jul 23, 2021
—
Komerstone Park LLC
Sana Ullah Khan
Intrafamily Transfer
related
$1,537,500 · Wallis State Bank
Jul 7, 2020
—
Jak Trust
—
Deed
related
$1,537,500 · Wallis Bk
Feb 14, 2020
—
Jak Trust
—
Deed
related
$1,537,500 · Wallis Bk
Oct 26, 2018
$2,050,000
Jak Trust
Young Mens Christian Assn Of O
Grant Deed
$1,537,500 · Wallis St Bk
Aug 16, 2017
—
Young Mens Christian Assn Of Ora
—
Deed
related
$200,000 · Bank Of The West
—
—
Mens Christinan Assn Young
—
Deed Of Trust
related
$74,586 · Farmers & Merchants Bk Lng Bch
—
—
Jak Trust
—
Loan Modification
related
$1,537,500 · Wallis Bk
—
—
Jak Trust
—
Loan Modification
related
$1,537,500 · Wallis Bk
—
—
Young Mens Christian Assn Of Ora
—
Deed Of Trust
related
$200,000 · Bank Of The West
—
—
Young Mens Christian Assn Of Ora
—
Deed Of Trust
related
$150,000 · Bank Of The West
—
—
Young Mens Christian Assn Of Ora
—
Deed Of Trust
related
$200,000 · Bank Of The West
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.
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