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Property profile & analytics
FOR LEASE
Retail space
2600 W Edinger Ave Santa Ana, CA 92704
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2337626
For Lease
1 / 2
$3,740,000
2600 W Edinger Ave, Santa Ana, CA 92704
View Listing →
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
784 SF
Lot
0.07 ac (3,246 SF)
APN
408-041-05
UPID
US09-2337626
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
-
Mariscos Ixtapa Mexican Grill 360 Restaurant
-
mariscos ixtapa mexican grill 360 llc Restaurant
-
BIRRERIA GUADALAJARA Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.67M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.74M
Owner & transaction history
Santa Ana Stater Shops LLC · 4 yrs held
Santa Ana Stater Shops LLC
since 2022
Last sale
$3.8M
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
$3,635,000
ML approach
$3,670,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.74M
Range $3.37M – $4.11M · ±10% · vs last sale $3.83M (Apr 11 2022)
Last sale anchor
$3.83M
Apr 11 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
$4,770 / 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
$7,551
Tax year 2024
Assessed value
$520,200
Assessed 2024
Previous assessed
$520,200
+0.0% YoY
Effective rate
1.45%
On assessed value
Assessed land
$457,952
Assessed improvement
$62,248
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
For Lease
Year built
1965
Heating
NONE
Stories
1
Total area
784 SF
Lot
0.07 ac (3,246 SF)
APN
408-041-05
UPID
US09-2337626
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
1965
Heating
NONE
Stories
1
Lot
0.07 ac
Current owner
From public records · entity-resolved
Santa Ana Stater Shops LLC
Entity
Mailing address
17165 NEWHOPE ST STE H, FOUNTAIN VALLEY, CA 92708-4230
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2022
$3,825,000
Santa Ana Stater Shops LLC
Morse Santa Ana
Grant Deed
$2,300,000 · Pacific Alliance Bank
Apr 11, 2022
—
Lawrence Morse
Toni Ann Hollander Morse
Intrafamily Transfer
related
—
Jan 24, 2020
—
Morse,lon & Toni Living Trust
Lawrence D Morse
Quit Claim Deed
related
—
Jan 24, 2020
$134,000
Morse,lon & Toni Living Trust
Kalvin Jack & Gioia Trust
Grant Deed
—
Dec 20, 2016
—
Morse Family Properties-a LLC
Morse,lawrence D
Quit Claim Deed
related
—
Oct 25, 2016
—
Lawrence D Morse
Morse Harold & L R Trust
Quit Claim Deed
related
—
Jan 20, 2004
—
Jack Kalvin
Kalvin,tr
Quit Claim Deed
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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