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Property profile & analytics
OFF-MARKET
Estimated value
$1,425,000
Commercial real estate
3101 Fairview St, Santa Ana, CA 92704-6513
Entity Owned
30-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-0620783
Property profile
Verified
Property type
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Year built
1970
Total area
5,026 SF
Lot
8.98 ac (391,284 SF)
APN
414-191-02
UPID
US09-0620783
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
-
Plaza Village Space #120 Housing Complex
-
Space 112 Campground & RV Park
-
Santa Ana Produce Food Processing Plant
-
Karez Decor & Design (Bike/Boat/Book/etc) Store Production Facility
-
ILuvcake911 Bakery Specialty Food Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.24M
Comparable Approach
Comparable
$1.11M
Blend (final)
Blend
$1.43M
Owner & transaction history
Mhp-plaza Mobile LLC · 30 yrs held
Mhp-plaza Mobile LLC
since 1996
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.4M
+31.3%
Retail stores
$1.9M
+7.4%
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 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%
$1,345,000
6.5%
$1,240,000
7%
$1,150,000
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$1,795,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,360,000
Change: +31% · Conversion: Difficult
RETAIL STORES
$1,930,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$1,745,000
Change: -3% · Conversion: Moderate
AUTO REPAIR, GARAGE
$1,500,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$1.43M
Range $1.28M – $1.57M · ±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
$284 / 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
$118,901
Tax year 2024
Assessed value
$6,698,907
Assessed 2024
Previous assessed
$6,698,907
+0.0% YoY
Effective rate
1.77%
On assessed value
Assessed land
$6,529,535
Assessed improvement
$169,372
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
Commercial real estate
Use group
COMMERCIAL (GENERAL)
Status
Off-Market
Year built
1970
Heating
NONE
Stories
1
Total area
5,026 SF
Lot
8.98 ac (391,284 SF)
APN
414-191-02
UPID
US09-0620783
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
$1.8M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.4M
RETAIL STORES
Est. value
$1.9M
APARTMENT HOUSE (5+ UNITS)
Est. value
$1.7M
AUTO REPAIR, GARAGE
Est. value
$1.5M
COMMERCIAL (GENERAL) Current
NEIGHBORHOOD: SHOPPING CENTER
RETAIL STORES
APARTMENT HOUSE (5+ UNITS)
AUTO REPAIR, GARAGE
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
1970
Heating
NONE
Stories
1
Lot
8.98 ac
Current owner
From public records · entity-resolved
Mhp-plaza Mobile LLC
Entity
Free & Clear · 30 yrs held
Mailing address
10877 WILSHIRE BLVD STE #1520, LOS ANGELES, CA 90024-4379
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1996
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 17, 2023
—
Mhp Plaza Mobile LLC
—
Deed
related
$500,000 · Jpmorgan Chase Bank NA
Nov 8, 2017
—
Mhp-plaza Mobile LLC
—
Grant Deed
related
$45,000,000 · Pacific Premier Bk
May 10, 2013
—
Mhp-plaza Mobile LLC
—
Deed Of Trust
related
$35,000,000 · Pacific Premier Bank
Jun 7, 1996
$641,000
Mhp-plaza Mobile LLC
Heffernan Trust
Grant Deed
—
Jun 7, 1996
$432,500
Mhp-plaza Mobile LLC
Heffernan Law Corp
Grant Deed
—
Jun 7, 1996
$564,000
Mhp-plaza Mobile LLC
Hefferman,robert E
Grant Deed
—
Jun 7, 1996
$2,070,000
Mhp-plaza Mobile LLC
Kremer Trust
Trustees Deed
—
Jan 6, 1995
$1,025,000
Equity Reserve INC
John B Heffernan Trustee
Trustees Deed
related
—
Jan 6, 1995
$540,500
Heffernan,robert E
John B Heffernan Trustee
Trustees Deed
related
—
Jan 5, 1995
$1,565,000
John B Heffernan Trustee
Florence P Roche Estate
Grant Deed
—
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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