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Property profile & analytics
OFF-MARKET
Estimated value
$1,655,000
Turn key restaurants
2531 Main St Santa Ana, CA 92707-3429
Trust Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5483929
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Total area
5,400 SF
Lot
0.45 ac (19,762 SF)
APN
016-041-24
UPID
US09-5483929
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
-
El Nuevo Corral Bar & Pub
-
La Joya Salvadoreña truck food Restaurant
-
LibertyX Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.81M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.66M
Owner & transaction history
Sarmiento,daisy Trust · 6 yrs held
Sarmiento,daisy Trust
since 2020
Last sale
$1.5M
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
Method
Estimation
Statistic approach
$1,825,000
ML approach
$1,805,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.66M
Range $1.49M – $1.82M · ±10% · vs last sale $1.50M (Jun 26 2020)
Last sale anchor
$1.50M
Jun 26 2020
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
$306 / 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
$25,529
Tax year 2024
Assessed value
$1,931,642
Assessed 2024
Previous assessed
$1,931,642
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$1,416,545
Assessed improvement
$515,097
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Heating
NONE
Stories
1
Total area
5,400 SF
Lot
0.45 ac (19,762 SF)
APN
016-041-24
UPID
US09-5483929
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
0.45 ac
Current owner
From public records · entity-resolved
Sarmiento,daisy Trust
Trust
Mailing address
10751 ORANGE PARK BLVD, ORANGE, CA 92869-1623
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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 26, 2020
—
Sarmiento,daisy Trust
Daisy Sarmiento
Quit Claim Deed
—
Apr 23, 2010
—
Daisyland Corp
Sarmiento,daisy
Quit Claim Deed
—
May 23, 2008
$1,500,000
Daisy Sarmiento
Martinez,manuel & Rosalinda
Grant Deed
$698,500 · Anchor Mortgage Service INC
May 23, 2008
—
Daisy Sarmiento
Baltazar,marco A R
Grant Deed
related
$400,000 · Vicki Sarmiento
Aug 13, 1997
$173,500
Manuel F Martinez
Leon,janet
Grant Deed
$172,000 · Seller
Feb 16, 1990
—
Leon Arthur B
Woodard Richard
Grant Deed
related
—
—
—
Daisy Sarmiento
—
Deed Of Trust
related
$226,600 · Access Investment LLC
—
—
Daisyland Corp
—
Deed Of Trust
related
$425,000 · Alliance Portfolio
—
—
Manuel Martinez
—
Deed Of Trust
related
$150,000 · Daisy Sarmiento
—
—
Manuel F Martinez
—
Deed Of Trust
related
$80,000 · Raul G Mondragon
—
—
Manuel F Martinez
—
Deed Of Trust
related
$37,000 · Alberto Tamayo
—
—
Manuel F Martinez
—
Deed Of Trust
related
$30,000 · Rafael F Alvarez
—
—
Arthur B Leon
—
Deed Of Trust
related
$200,000 · Individual
—
—
Manuel F Martinez
—
Deed Of Trust
related
$282,811 · Everardo & Herminia
—
—
Leon Arthur B
—
Deed Of Trust
related
$78,000 · Allstate Home Loans
—
—
Rosalinda Martinez
—
Deed Of Trust
related
$250,000 · Wells Fargo 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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