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Property profile & analytics
OFF-MARKET
Estimated value
$2,300,000
Showrooms
234 Commonwealth Ave, Fullerton, CA 92832-1911
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1127059
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1910
Total area
1,916 SF
Lot
0.32 ac (13,815 SF)
APN
033-032-11
UPID
US09-1127059
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
-
Bullard Brown & Beal Law Firm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.30M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.52M
Blend (final)
Blend
$2.30M
Owner & transaction history
Dalmah LLC · 2 yrs held
Dalmah LLC
since 2024
Last sale
$2.3M
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
$2,300,000
ML approach
$2,300,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$2.30M
Range $2.07M – $2.53M · ±10% · vs last sale $2.30M (Jun 28 2024)
Last sale anchor
$2.30M
Jun 28 2024
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
$1,200 / 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
$15,328
Tax year 2024
Assessed value
$1,329,032
Assessed 2024
Previous assessed
$1,329,032
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$316,440
Assessed improvement
$1,012,592
Applied tax rate
3.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1910
Heating
NONE
Stories
1
Total area
1,916 SF
Lot
0.32 ac (13,815 SF)
APN
033-032-11
UPID
US09-1127059
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
1910
Heating
NONE
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Dalmah LLC
Entity
Mailing address
631 S PO BOX 432ND ST STE #201, FULLERTON, CA 92836-0432
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
16 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 28, 2024
—
Dalmah LLC
Dalmah LLC
Intrafamily Transfer
related
$826,000 · The Mortgage Capital Development Co
May 31, 2024
$2,300,000
Dalmah LLC
James E Bullard
Grant Deed
$1,150,000 · Pnc Bank NA
Jan 3, 2019
—
James E Bullard
—
Deed
related
$625,000 · First Foundation Bank
Sep 12, 2014
—
Bullard,james E Trust
Bullard,james E
Quit Claim Deed
related
—
Oct 6, 1999
$545,000
Bullard,james E
Corynne Trust
Trustees Deed
$642,500 · Heller First Capital
Oct 6, 1999
—
James Bullard
Bullard,
Quit Claim Deed
related
—
Oct 1, 1999
—
Robert Winters
Commo,
Quit Claim Deed
related
—
Nov 28, 1995
$480,500
Barry J Levinson
Winters,robert H & Corynne C
Grant Deed
$270,000 · Countrywide Funding Corp
Mar 31, 1988
$260,000
Mid Exchange INC
Marti
Trustees Deed
$130,000 · Peninsula Bank San Diego
—
—
James E Bullard
—
Deed Of Trust
related
$700,000 · Union Bank Of California
—
—
James E Bullard
—
Deed Of Trust
related
$75,000 · Granafei Dinah L Trust (pt)
—
—
James E Bullard
—
Deed Of Trust
related
$100,000 · Genco INC
—
—
James E Bullard
—
Deed Of Trust
related
$130,260 · Mariners Holdings INC
—
—
Commonwealth Pla
—
Deed Of Trust
related
—
—
—
James E Bullard
—
Deed Of Trust
related
$175,000 · Wind & Sea Charters INC
—
—
Robert H Winters
—
Deed Of Trust
related
$780,587 · Pioneer Bank
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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