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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    270 Main St Tustin, CA 92780-4410

    • Retail space
    • 2,958 SF
    • 0.33 lot acres
    OFF-MARKET
    Value Estimations
    $540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1628917
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Retail space

    Property Details for 270 Main St

    Year built
    1954
    Lot size
    0.33 lot acres
    Property size
    2,958 SF
    Property type
    Retail space
    APN
    401-623-06
    APU
    40162306

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $713,000
      Market price range: $714k - $2.32M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Tustin
    County
    Orange
    State
    California
    Longitude
    -117.821
    Latitude
    33.7414
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,440
    $48,419
    $224,899
    $273,318
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,170,000
      16,956 SF

      13112 Newport Ave

      RETAIL STORES (PERSONAL SERVICES) • 16,956 SF
      13112 Newport Ave, Tustin, CA 92780-3425
      View Details
    • Value Estimation
      $2,105,000
      7,572 SF

      414 1st St

      RETAIL STORES (PERSONAL SERVICES) • 7,572 SF
      414 1st St, Tustin, CA 92780-3310
      View Details
    • Value Estimation
      $1,000,000
      3,000 SF

      171 Tustin Ave

      RETAIL STORES (PERSONAL SERVICES) • 3,000 SF
      171 Tustin Ave, Tustin, CA 92780-2907
      View Details
    • Value Estimation
      $590,000
      2,626 SF

      12892 Newport Ave

      RETAIL STORES (PERSONAL SERVICES) • 2,626 SF
      12892 Newport Ave, Tustin, CA 92780-2730
      View Details
    • Value Estimation
      $980,000
      4,725 SF

      160 2nd St

      RETAIL STORES (PERSONAL SERVICES) • 4,725 SF
      160 2nd St, Tustin, CA 92780-3621
      View Details
    • Value Estimation
      $950,000
      2,960 SF

      330 El Camino Real

      RETAIL STORES (PERSONAL SERVICES) • 2,960 SF
      330 El Camino Real, Tustin, CA 92780-3606
      View Details

    Similar Nearby for Sale

    • $3,750,000
      7,160 SF

      Historical Building with Retail Tenants

      Historical building for sale with restaurant and clothing tenants.
      140-158 W Main St, Tustin, CA 92780
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      Prime Medical/Retail Space Available

      Located in a high-traffic, high-income Tustin community.
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      15,736 SF

      Retail Space in Tustin Village

      Retail space in a densely populated area with easy access.
      15761 Tustin Village Way, Tustin, CA 92780
      View Details
    • $2,250,000
      Pending

      Tustin Mixed-Use Commercial Building

      Two-level building with retail, office, and warehouse space.
      3045 Edinger Ave, Tustin, CA 92780
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    • $3,750,000
      7,160 SF

      Historical Landmark in Old Town

      Historical landmark in Old Town Tustin, ready for immediate occupancy.
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    • $1,999,999

      Tustin Restaurant with Drive-Thru

      Freestanding restaurant with drive-thru and ample parking available for sale.
      14551 Newport Ave, Tustin, CA 92780
      View Details

    Similar Nearby for Lease

    • $27 SF/Yr
      49,931 SF

      Packers Square Medical Office

      Tustin, CA: Prime Medical & Retail
      13112 Newport Ave, Tustin, CA 92780
      View Details
    • $2 SF/Yr
      3,640 SF

      Newport Avenue Retail/Medical Space

      Retail or medical space available for lease on Newport Avenue.
      13152 Newport Ave, Tustin, CA 92780
      View Details
    • $2 SF/Yr
      1,210 SF

      Retail Space for Lease

      Retail space available for lease in Tustin, California.
      13112 Newport Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      207,525 SF

      Larwin Square: Prime Orange County Office

      Executive Suites, Retail Space Available
      1st St. & Newport Ave, Tustin, CA 92780
      View Details
    • Contact for pricing
      1,425 SF

      Tustin Retail Space: Prime Location

      1,425 SF Retail Space, 3-Acre Lot
      14402 Prospect Ave, Tustin, CA 92780
      View Details
    • $2 SF/Yr
      3,837 SF

      Tustin Retail Center - Prime Location

      High-traffic retail space, multiple units available.
      275 Centennial Way, Tustin, CA 92780
      View Details
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    270 Main St
    Tustin, CA 92780-4410
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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