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Property profile & analytics
OFF-MARKET
Estimated value
$56,220,000
Showrooms
3 Macarthur Pl Santa Ana, CA 92707-6067
Individually Owned
10-yr Hold
Free & Clear
Property ID
US09-2173401
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1990
Total area
261,051 SF
Lot
3.14 ac (136,677 SF)
APN
411-073-01
UPID
US09-2173401
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
-
Placeworks Urban Planning Department
-
Law Offices of Sabrina Li, P.C. 李想律师事务所 Law Firm
-
3 MacArthur Pl Garage Parking Lot & Garage
-
Aitken Aitken & Cohn: Michael Penn Law Firm
-
Immigration International Immigration & Naturalization Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$54.68M
Blend (final)
Blend
$56.22M
Owner & transaction history
Banc Of Ca NA · 10 yrs held
Banc Of Ca NA
since 2015
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$77.8M
+1.2%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$76,875,000
Current use
AUTO REPAIR, GARAGE
$77,795,000
Change: +1% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$76,465,000
Change: -1% · Conversion: Moderate
Blend value · Realmo final
$56.22M
Range $50.60M – $61.84M · ±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
$215 / 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
$1,056,177
Tax year 2024
Assessed value
$92,289,997
Assessed 2024
Previous assessed
$92,289,997
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$25,399,425
Assessed improvement
$66,890,572
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
Off-Market
Year built
1990
Heating
NONE
Total area
261,051 SF
Lot
3.14 ac (136,677 SF)
APN
411-073-01
UPID
US09-2173401
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
$76.9M
AUTO REPAIR, GARAGE
Est. value
$77.8M
INDUSTRIAL (GENERAL)
Est. value
$76.5M
COMMERCIAL (GENERAL) Current
AUTO REPAIR, GARAGE
INDUSTRIAL (GENERAL)
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
1990
Heating
NONE
Lot
3.14 ac
Current owner
From public records · entity-resolved
Banc Of Ca NA
Individual
Free & Clear · 10 yrs held
Mailing address
3 MACARTHUR PL STE #100, SANTA ANA, CA 92707-6068
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 12, 2015
$76,366,500
Banc Of Ca NA
Realty Associates Fund Ix LP
Grant Deed
—
Jul 19, 2011
$51,670,000
Realty Associates Fund Ix LP
Hb-3 Macarthur LLC
Grant Deed
—
Oct 14, 2009
$30,960,000
Hb-3 Macarthur LLC
3 Imperial Promenade LLC
Grant Deed
—
Jul 2, 2007
$83,000,000
Ventures Imperial Pro Mountain
Kpers Realty Holding 33 INC
Grant Deed
$89,500,000 · Tishman Speyer Us Office INC
Dec 30, 1999
—
Kpers Realty Holding #33 INC
Brookfield Imperial INC
Grant Deed
related
—
Jul 28, 1994
—
Brookfield Imperial INC
—
Deed Of Trust
related
$17,500,000 · Greyhound Financial
Aug 20, 1991
—
Land Brookfield
—
Grant Deed
related
$32,000,000 · Canadian Imperial Bank Commerc
Jun 29, 1990
$8,996,000
Land Brookfield
Bce Dev INC
Grant Deed
—
Apr 6, 1990
$6,600,000
Bce Dev INC
Bgs Partners
Grant Deed
—
Mar 5, 1990
—
Bgs Partners
Griffin Realty
Quit Claim Deed
related
—
—
—
Brookfield Imperial INC
—
Deed Of Trust
related
—
—
—
Brookfield Imperial INC
—
Deed Of Trust
related
$25,000 · Metropolitan Life Insurance
—
—
Kpers Realty Holding 33 INC
—
Deed Of Trust
related
$24,000,000 · Metropolitan Life Insurance
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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