Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$10,030,000
Flex space
3101 Enterprise St Brea, CA 92821-6237
Entity Owned
6-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1530515
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1979
Total area
39,228 SF
Lot
2.08 ac (90,749 SF)
APN
320-231-11
UPID
US09-1530515
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
-
NMC Aerospace Corporate Office
-
Econo Air Heating & A/C Hardware & Home Improvement HVAC Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$13.45M
CAP Approach
CAP
$7.06M
Comparable Approach
Comparable
$13.91M
Blend (final)
Blend
$10.03M
Owner & transaction history
Molitke LLC · 6 yrs held
Molitke LLC
since 2020
Last sale
$8.9M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$15.9M
+53.3%
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 Brea submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Brea 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
$13,270,000
ML approach
$13,445,000
CAP Approach
CAP Return
Estimation
6%
$7,640,000
6.5%
$7,055,000
7%
$6,550,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$10,360,000
Current use
APARTMENT HOUSE (5+ UNITS)
$15,885,000
Change: +53% · Conversion: Difficult
Blend value · Realmo final
$10.03M
Range $9.03M – $11.03M · ±10% · vs last sale $8.93M (Jan 9 2020)
Last sale anchor
$8.93M
Jan 9 2020
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
$256 / 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
$116,073
Tax year 2024
Assessed value
$9,929,487
Assessed 2024
Previous assessed
$9,929,487
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$7,430,627
Assessed improvement
$2,498,860
Applied tax rate
2.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1979
Heating
NONE
Stories
1
Total area
39,228 SF
Lot
2.08 ac (90,749 SF)
APN
320-231-11
UPID
US09-1530515
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
INDUSTRIAL (GENERAL) Current
Est. value
$10.4M
APARTMENT HOUSE (5+ UNITS)
Est. value
$15.9M
INDUSTRIAL (GENERAL) Current
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
1979
Heating
NONE
Stories
1
Lot
2.08 ac
Current owner
From public records · entity-resolved
Molitke LLC
Entity
Mailing address
223 S RENOAK ST, ANAHEIM, CA 92804-2012
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 9, 2020
$8,930,500
Molitke LLC
Kirkhill Aircraft Parts Co
Grant Deed
$6,697,687 · Mufg Union Bank NA
Dec 26, 2019
—
Kirkhill Aircraft Parts Co
—
Loan Modification
related
$14,141,210 · Wells Fargo Bk
May 20, 2016
—
Kirkhill Aircraft Parts Co
—
Deed
related
$155,000 · Wells Fargo Bank NA
—
—
Kirkhill Aircraf
—
Deed Of Trust
related
$4,755,000 · California Federal Bank
—
—
Kirkhill Aircraft Parts Co
—
Deed Of Trust
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.
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?”
You own 3101 Enterprise St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
