New search
Property profile & analytics
OFF-MARKET
Estimated value
$12,730,000
Flex space
2400 Garnsey St, Santa Ana, CA 92707-3335
Entity Owned
9-yr Hold
~
Est. High Equity
Property ID
US09-0619046
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1973
Total area
104,604 SF
Lot
5.2 ac (226,691 SF)
APN
410-024-09
UPID
US09-0619046
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
-
X And J Chimney Services General Contractor Renovation Specialist
-
Beaston's Delivery Services Trucking Company
-
AFTCO | American Fishing Tackle Company Industrial Manufacturer Production Facility
-
Zero Debt USA Financial Advisor
-
Melby & Meador Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.73M
Owner & transaction history
Shedd Family Properties LLC · 9 yrs held
Shedd Family Properties LLC
since 2016
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 Santa Ana submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Santa Ana 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
$122 / 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
$118,847
Tax year 2024
Assessed value
$10,035,436
Assessed 2024
Previous assessed
$10,035,436
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$5,586,380
Assessed improvement
$4,449,056
Applied tax rate
11.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
104,604 SF
Lot
5.2 ac (226,691 SF)
APN
410-024-09
UPID
US09-0619046
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
1973
Heating
NONE
Stories
1
Lot
5.2 ac
Current owner
From public records · entity-resolved
Shedd Family Properties LLC
Entity
Mailing address
2400 S GARNSEY ST, SANTA ANA, CA 92707-3335
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Shedd Family Properties LLC
—
Deed
related
$5,000,000 · American Business Bank
Jun 10, 2020
—
Shedd Family Properties LLC
—
Deed
related
$8,000,000 · Miscellaneous Ins Co
Mar 12, 2020
—
Shedd Family Properties LLC
—
Deed
related
$2,000,000 · Bank Of America
Sep 2, 2016
—
Shedd Family Properties LLC
Shedd Family Properties LLC
Intrafamily Transfer
related
$4,560,000 · Bank Of America NA
Aug 17, 2011
$8,121,500
Shedd Family Properties LLC
Burtin Realty Ents
Deed Of Trust
$5,700,000 · Bank Of America
—
—
Burtin Realty Enterprises
—
Deed Of Trust
related
$3,750,000 · Bank Of America Community Dev
—
—
Burtin Realty Enterprises
—
Deed Of Trust
related
$971,000 · Bank Of America Community Dev
—
—
Shedd Family Properties LLC
—
Deed Of Trust
related
$2,000,000 · Bank Of America
—
—
Shedd Family Properties LLC
—
Deed Of Trust
related
$8,000,000 · Miscellaneous Ins Co
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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