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Property profile & analytics
OFF-MARKET
Estimated value
$2,630,000
Showrooms
2811 Katella Ave Orange, CA 92867-5247
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3069717
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1986
Total area
6,870 SF
Lot
0.33 ac (14,575 SF)
APN
378-164-08
UPID
US09-3069717
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
-
Rose Financial Loan Service Bank
-
Roberta Nieto M.D.-Bountiful Health Pediatrician Physician
-
Jennifer Donovan, Psy.D. LMFT Social Service Agency Community Center
-
Citrus Grove Orthodontics Dental Office
-
Orange Portable Toilet Rentals Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.69M
CAP Approach
CAP
$1.83M
Comparable Approach
Comparable
$3.54M
Blend (final)
Blend
$2.63M
Owner & transaction history
Fbn Katella LLC · 3 yrs held
Fbn Katella LLC
since 2023
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$3.9M
+52.1%
Neighborhood: shopping center
$3.2M
+25.5%
Auto repair, garage
$3.1M
+19.4%
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$2,785,000
ML approach
$2,690,000
CAP Approach
CAP Return
Estimation
6%
$1,975,000
6.5%
$1,825,000
7%
$1,695,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$2,565,000
Current use
OFFICE BUILDING
$3,905,000
Change: +52% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$3,225,000
Change: +26% · Conversion: Difficult
AUTO REPAIR, GARAGE
$3,065,000
Change: +19% · Conversion: Difficult
RETAIL STORES
$2,405,000
Change: -6% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$2,085,000
Change: -19% · Conversion: Moderate
Blend value · Realmo final
$2.63M
Range $2.37M – $2.89M · ±10% · vs last sale $2.53M (May 25 2023)
Last sale anchor
$2.53M
May 25 2023
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
$383 / 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
$28,302
Tax year 2024
Assessed value
$2,575,500
Assessed 2024
Previous assessed
$2,575,500
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,861,401
Assessed improvement
$714,099
Applied tax rate
8.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1986
Heating
NONE
Total area
6,870 SF
Lot
0.33 ac (14,575 SF)
APN
378-164-08
UPID
US09-3069717
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
COMMERCIAL (GENERAL) Current
Est. value
$2.6M
OFFICE BUILDING
Est. value
$3.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.2M
AUTO REPAIR, GARAGE
Est. value
$3.1M
RETAIL STORES
Est. value
$2.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$2.1M
COMMERCIAL (GENERAL) Current
OFFICE BUILDING
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
RETAIL STORES
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
1986
Heating
NONE
Lot
0.33 ac
Current owner
From public records · entity-resolved
Fbn Katella LLC
Entity
Mailing address
2020 E ORANGETHORPE AVE, FULLERTON, CA 92831-5327
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Oct 31, 2025
—
Fbn Katella LLC
—
Deed
related
$1,850,000 · American Business Bank
May 25, 2023
$2,525,000
Fbn Katella LLC
2811 Katella LLC
Grant Deed
$1,893,750 · City National Bank
Dec 15, 2015
—
2811 Katella LLC
Jtf Rose INC
Quit Claim Deed
—
Apr 2, 2015
$1,430,000
Jtf Rose INC
Donald A Bailey
Grant Deed
$1,000,000 · Bailey Family Trust
Jan 30, 2009
—
Donald A Bailey
Viars,debra L
Grant Deed
—
May 25, 2005
$130,500
Donald A Bailey
Bailey,stevan M
Grant Deed
related
—
—
—
Debra L Viars
—
Deed Of Trust
related
$13,191 · Bailey Donald A
—
—
Donald A Bailey
—
Deed Of Trust
related
$800,000 · General American Financial Co
—
—
Bailey Trust
—
Deed Of Trust
related
$745,000 · Orange National 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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