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Property profile & analytics
OFF-MARKET
Estimated value
$5,615,000
Showrooms
23891 Bridger Rd Lake Forest, CA 92630-3712
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1738562
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1971
Total area
2,044 SF
Lot
0.49 ac (21,514 SF)
APN
616-033-02
UPID
US09-1738562
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
$5.28M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.62M
Owner & transaction history
El Toro Oil Corp · 3 yrs held
El Toro Oil Corp
since 2023
Last sale
$5.9M
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 Lake Forest submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Forest 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
$5,370,000
ML approach
$5,280,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.62M
Range $5.05M – $6.18M · ±10% · vs last sale $5.90M (Jan 24 2022)
Last sale anchor
$5.90M
Jan 24 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
$2,747 / 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
$59,392
Tax year 2024
Assessed value
$5,774,220
Assessed 2024
Previous assessed
$5,774,220
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$5,566,140
Assessed improvement
$208,080
Applied tax rate
30.0000
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
1971
Heating
NONE
Stories
1
Total area
2,044 SF
Lot
0.49 ac (21,514 SF)
APN
616-033-02
UPID
US09-1738562
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
1971
Heating
NONE
Stories
1
Lot
0.49 ac
Current owner
From public records · entity-resolved
El Toro Oil Corp
Entity
Mailing address
31 E MACARTHUR CRES APT B501, SANTA ANA, CA 92707-5994
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Jun 20, 2023
—
El Toro Oil Corp
Lake 5 LLC
Assignment Of Lease (leasehold Sale)
$1,940,000 · The Mortgage Capital Development Corpora
Jan 24, 2022
$5,900,000
Lake 5 LLC
Hatami LLC
Grant Deed
$3,145,000 · T Bank NA
Feb 27, 2019
—
Hatami LLC
—
Deed
related
$1,815,000 · Wells Fargo Bank NA
Nov 22, 2000
—
Hatami LLC
—
Deed Of Trust
related
$1,978,000 · Citicorp Leasing INC
Sep 30, 1988
—
Land Dev Chevron
Franson Wallace
Grant Deed
related
—
Jun 24, 1988
—
Chevron USA INC
Chevron Land&dev
Quit Claim Deed
related
—
—
—
Hatami LLC
—
Deed Of Trust
related
$50,000 · First National Bank North Coun
—
—
Hatami LLC
—
Deed Of Trust
related
$1,055,000 · Nara Bank
—
—
Hatami LLC
—
Deed Of Trust
related
$2,445,000 · Nara Bank
—
—
Hatami LLC
—
Deed Of Trust
related
$2,445,000 · Bbu Bank
—
—
Hatami LLC
—
Deed Of Trust
related
$1,000,000 · Bbu 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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