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Property profile & analytics
FOR LEASE
Retail properties & Spaces
26940 Crown Valley Pkwy Mission Viejo, CA 92691
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1668297
For Lease
$6,530,000
26940 Crown Valley Pkwy, Mission Viejo, CA 92691
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Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1975
Total area
23,540 SF
Lot
2.75 ac (119,806 SF)
APN
740-061-03
UPID
US09-1668297
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
by Request
CAP Approach
CAP
$8.23M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$6.53M
Owner & transaction history
Bwp Crown Valley 1 LLC · 5 yrs held
Bwp Crown Valley 1 LLC
since 2020
3 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 Mission Viejo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Mission Viejo 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,915,000
6.5%
$8,230,000
7%
$7,640,000
Alternative Use
Use
Estimation
AUTO REPAIR, GARAGE
$10,500,000
Change: -8% · Conversion: Difficult
OFFICE BUILDING
$10,100,000
Change: -12% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$9,530,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$6.53M
Range $5.88M – $7.18M · ±10%
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
$277 / 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
$126,556
Tax year 2024
Assessed value
$12,502,831
Assessed 2024
Previous assessed
$12,502,831
+0.0% YoY
Effective rate
1.01%
On assessed value
Assessed land
$8,297,535
Assessed improvement
$4,205,296
Applied tax rate
27.0000
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 properties & Spaces
Use group
DEPARTMENT STORE
Status
For Lease
Year built
1975
Heating
NONE
Stories
1
Total area
23,540 SF
Lot
2.75 ac (119,806 SF)
APN
740-061-03
UPID
US09-1668297
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
Alternative use value scenarios
Repositioning upside vs current use
AUTO REPAIR, GARAGE
Est. value
$10.5M
OFFICE BUILDING
Est. value
$10.1M
APARTMENT HOUSE (5+ UNITS)
Est. value
$9.5M
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1975
Heating
NONE
Stories
1
Lot
2.75 ac
Current owner
From public records · entity-resolved
Bwp Crown Valley 1 LLC
Entity
Mailing address
1100 NEWPORT CTR DR STE #200, NEWPORT BEACH, CA 92660-6254
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
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 4, 2022
—
Bwp Crown Valley 1 LLC
—
Deed
related
$30,000,000 · John Hancock Life Insurance Company USA
Nov 19, 2020
—
Bwp Crown Valley 1 LLC
—
Deed Of Trust
related
$23,000,000 · Pacific Premier Bk
Aug 27, 2020
$9,014,000
Bwp Crown Valley 1 LLC
26940 Crown Co LLC
Grant Deed
$11,700,000 · 26940 Crown Co LLC
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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