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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Flex space
2225 Laguna Cyn Rd Laguna Beach, CA 92651-1118
Entity Owned
30-yr Hold
Free & Clear
Property ID
US09-2745663
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1971
Total area
2,852 SF
Lot
0.29 ac (12,639 SF)
APN
632-101-16
UPID
US09-2745663
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
-
Pacific Woodcraft Construction Company General Contractor
-
PROFESSIONAL PORTRAIT RETOUCHING SERVICES Photography Service (Bike/Boat/Book/etc) Store
-
Mike Brennan Raku Industrial Manufacturer Big Box & Wholesale Store
-
David Koop General Contractor Construction Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$575k
CAP Approach
CAP
$515k
Comparable Approach
Comparable
$717k
Blend (final)
Blend
$605k
Owner & transaction history
Bellworth Improvement Co · 30 yrs held
Bellworth Improvement Co
since 1996
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 Laguna Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Beach 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
by Request
ML approach
$575,000
CAP Approach
CAP Return
Estimation
6%
$555,000
6.5%
$515,000
7%
$475,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$935,000
Current use
WAREHOUSE, STORAGE
$755,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$212 / 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
$10,185
Tax year 2024
Assessed value
$806,196
Assessed 2024
Previous assessed
$806,196
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$773,640
Assessed improvement
$32,556
Applied tax rate
5.0000
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
1971
Heating
NONE
Stories
1
Units
2
Total area
2,852 SF
Lot
0.29 ac (12,639 SF)
APN
632-101-16
UPID
US09-2745663
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$935,000
WAREHOUSE, STORAGE
Est. value
$755,000
INDUSTRIAL (GENERAL) Current
WAREHOUSE, STORAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1971
Heating
NONE
Stories
1
Units
2
Lot
0.29 ac
Current owner
From public records · entity-resolved
Bellworth Improvement Co
Entity
Free & Clear · 30 yrs held
Mailing address
2225 LAGUNA CYN RD STE E2, LAGUNA BEACH, CA 92651-1118
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 2, 1996
$795,000
Bellworth Improvement Co
Baywood Inv Trust
Grant Deed
—
Sep 28, 1994
$500
Baywood Investment Trust
Pond,quincy R
Grant Deed
related
—
Sep 23, 1994
$800,000
Pond,quincy R
Canyon Club Building Trust
Trustees Deed
$142,270 · George Trust
Aug 13, 1990
$1,000,000
Daugherty Lonnie
Asset Services I
Trustees Deed
—
Aug 13, 1990
$70,000
Stapp Alan
Strang Robert
Trustees Deed
related
—
Jul 11, 1988
—
Robert Strang
Strang Susan
Quit Claim Deed
related
—
—
—
Robert Strang
—
Deed Of Trust
related
$290,908 · Strachan Harry
—
—
Bellworth Improvement Co
—
Deed Of Trust
related
$180,000 · Erwin A & Joan F Heger
—
—
Alamosa Trading INC
—
Deed Of Trust
related
$700,000 · Persian Services Corp
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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