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Property profile & analytics
OFF-MARKET
Estimated value
$5,025,000
Investment properties
223 Avenida Del Mar, San Clemente, CA 92672-4012
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3266240
Property profile
Verified
Property type
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Year built
1952
Total area
5,550 SF
Lot
0.09 ac (4,000 SF)
APN
058-112-19
UPID
US10-3266240
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
-
The Smart Fit Method Gym & Fitness Center Alternative Medicine Practice
-
Bluestone Lane San Clemente Coffee Shop Cafe & Coffee Shop
-
Qēt Botanicals Medical Clinic Skin Care Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.04M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.03M
Owner & transaction history
Pinwood 223 LLC · 4 yrs held
Pinwood 223 LLC
since 2022
Last sale
$5.1M
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 San Clemente submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs San Clemente 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
$4,835,000
ML approach
$5,035,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.03M
Range $4.52M – $5.53M · ±10% · vs last sale $5.12M (May 20 2022)
Last sale anchor
$5.12M
May 20 2022
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
$905 / 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
$27,721
Tax year 2024
Assessed value
$2,738,644
Assessed 2024
Previous assessed
$2,738,644
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$2,570,100
Assessed improvement
$168,544
Applied tax rate
10.0000
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
Investment properties
Use group
STORE/OFFICE (MIXED USE)
Status
Off-Market
Year built
1952
Heating
NONE
Stories
2
Units
7
Total area
5,550 SF
Lot
0.09 ac (4,000 SF)
APN
058-112-19
UPID
US10-3266240
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
1952
Heating
NONE
Stories
2
Units
7
Lot
0.09 ac
Current owner
From public records · entity-resolved
Pinwood 223 LLC
Entity
Mailing address
22771 CTR DR, LAKE FOREST, CA 92630-1747
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2022
$5,117,500
Pinwood 223 LLC
Acaaa LLC
Grant Deed
—
Mar 23, 2022
—
Acaaa LLC
—
Deed
related
$500,000 · Randall Merritt Etal
Aug 19, 2021
—
Acaaa LLC
Alan Lee Brodkin
Grant Deed
—
Apr 12, 2018
—
Alan L Brodkin
—
Deed
related
$1,269,000 · Farmers & Merchants Bk/lng Bch
Mar 6, 2015
$2,165,000
Alan L Brodkin
Avenue Del Mar Property LLC
Grant Deed
$1,225,000 · Farmers & Merchants Bk/lng Bch
Jun 1, 2007
—
Avenue Del Mar Property LLC
Avenue Del Mar Property LLC
Grant Deed
related
$1,000,000 · Washington Mutual Bank
Jun 26, 2003
$1,300,000
Avenue Del Mar Property Ca LLC
Bocci,tr
Grant Deed
—
—
—
Alan L Brodkin
—
Deed Of Trust
related
$1,269,000 · Farmers & Merchants Bk/lng Bch
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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