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Property profile & analytics
OFF-MARKET
Estimated value
$1,025,000
Retail space
2246 Newport Blvd Costa Mesa, CA 92627-6743
Entity Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1566398
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1943
Total area
5,842 SF
Lot
0.39 ac (16,945 SF)
APN
426-052-02
UPID
US09-1566398
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
-
Ramsay Rexall Drug Pharmacy
-
Botros Nabil Pharmacy
-
Coastal Handyman Pros Hardware & Home Improvement General Contractor
-
Costa Mesa Carpet & Rug Cleaning Carpet Cleaning Service
-
Mariana Maximous Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.03M
Owner & transaction history
Csc Commercial LLC · 7 yrs held
Csc Commercial LLC
since 2019
6 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 Costa Mesa submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Costa Mesa 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
$175 / 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
$1,965
Tax year 2024
Assessed value
$90,053
Assessed 2024
Previous assessed
$90,053
+0.0% YoY
Effective rate
2.18%
On assessed value
Assessed land
$24,847
Assessed improvement
$65,206
Applied tax rate
15.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1943
Heating
NONE
Stories
1
Units
2
Total area
5,842 SF
Lot
0.39 ac (16,945 SF)
APN
426-052-02
UPID
US09-1566398
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
1943
Heating
NONE
Stories
1
Units
2
Lot
0.39 ac
Current owner
From public records · entity-resolved
Csc Commercial LLC
Entity
Free & Clear · 7 yrs held
Mailing address
1278 GLENNEYRE ST #457, LAGUNA BEACH, CA 92651-3103
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2022
—
Csc Commercial LLC
—
Deed
related
$600,000 · Citizens Business Bank
Jan 3, 2019
—
Csc Commercial LLC
Moore,christina
Grant Deed
—
Mar 22, 2018
—
Christina Moore
Alexander Sylvia Trust
Quit Claim Deed
related
—
Nov 20, 2013
—
Alexander,sylvia Living Trust
Alexander Ralph Living Trust
Quit Claim Deed
related
—
Dec 11, 2012
—
Alexander Ralph Living Trust
Alexander,ralph & Sylvia
Quit Claim Deed
related
—
Jun 27, 1997
$265,000
Ralph Alexander
Powers Trust
Grant Deed
—
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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