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Property profile & analytics
OFF-MARKET
Estimated value
$2,780,000
Industrial properties
22982 Alcalde Dr Laguna Hills, CA 92653-1337
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0871982
Property profile
Verified
Property type
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Year built
1986
Total area
14,928 SF
Lot
0.95 ac (41,392 SF)
APN
588-061-04
UPID
US09-0871982
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
$2.69M
Comparable Approach
Comparable
$2.30M
Blend (final)
Blend
$2.78M
Owner & transaction history
22982 Alcalde LLC · 1 yrs held
22982 Alcalde LLC
since 2024
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 Hills submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Laguna Hills 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
by Request
CAP Approach
CAP Return
Estimation
6%
$2,910,000
6.5%
$2,685,000
7%
$2,490,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,150,000
Change: -15% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,950,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$2.78M
Range $2.50M – $3.06M · ±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
$186 / 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
$31,022
Tax year 2024
Assessed value
$3,013,699
Assessed 2024
Previous assessed
$3,013,699
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$1,356,168
Assessed improvement
$1,657,531
Applied tax rate
31.0000
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
Industrial properties
Use group
INDUSTRIAL (GENERAL)
Status
Off-Market
Year built
1986
Heating
NONE
Total area
14,928 SF
Lot
0.95 ac (41,392 SF)
APN
588-061-04
UPID
US09-0871982
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
OFFICE BUILDING
Est. value
$4.2M
WAREHOUSE, STORAGE
Est. value
$4.0M
OFFICE BUILDING
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
1986
Heating
NONE
Lot
0.95 ac
Current owner
From public records · entity-resolved
22982 Alcalde LLC
Entity
Mailing address
9 TUSCANY, LADERA RANCH, CA 92694-1457
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2024
—
22982 Alcalde LLC
John Hwan Joo
Grant Deed
$3,200,000 · Citizens Business Bank
Dec 24, 2024
—
John Hwan Joo
John Hwan Joo
Deed
related
—
Oct 2, 2019
—
John Hwan Joo
—
Deed
related
$2,200,000 · Wells Fargo Bank NA
Aug 8, 2011
—
Joo Myong S & Jae K 1992 Trust
Edinger Avenue LLC
Grant Deed
—
Aug 12, 2009
—
Edinger Avenue LLC
Joo M S & J K 1992 Trust
Grant Deed
—
Mar 2, 2000
$2,000,000
Joo Trust
Alcalde Partners
Grant Deed
$1,200,000 · Citizens Business Bank
Jun 17, 1997
—
Ptnrs Alcalde
Chapl,
Quit Claim Deed
related
—
Nov 26, 1996
—
Louis Chapleau
Regie,
Quit Claim Deed
related
—
—
—
Partners Alcalde
—
Deed Of Trust
related
$1,015,000 · California State Bank
—
—
Edinger Avenue LLC
—
Deed Of Trust
related
$950,000 · Citizens Business Bank
—
—
Joo Myong S & Jae K 1992 Trust
—
Deed Of Trust
related
—
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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