322 Katella Ave 5B Orange, CA 92867-4759
Entity Owned
6-yr Hold
~
Est. High Equity
Estimated value (blended)
$935k
Range $842k – $1.03M (±10%)
Implied cap rate
4.00%
In-place · NOI ÷ last sale
Property ID
US09-0700145
Property profile
Verified
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Year built
1983
Total area
2,935 SF
Lot
0.22 ac (9,641 SF)
APN
930-521-69
UPID
US09-0700145
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Insurance Agency
-
Environmental Consultant
-
Production Facility
-
Insurance Agency
-
Big Box & Wholesale Store Discount Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.04M
CAP Approach
CAP
$575k
Comparable Approach
Comparable
$1.12M
Blend (final)
Blend
$935k
Owner & transaction history
since 2020
Last sale
$865,000
5 recorded transactions
Zoning & alternative use
Top alternative use upside
Neighborhood: shopping center
$1.4M
+64.5%
Auto repair, garage
$1.3M
+56.4%
Commercial (general)
$1.1M
+31.0%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
5 alternative uses screened
Sensitivity value band
Source audit · 10 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$935k
Value range
$842k – $1.03M
±10% around blend
Estimated value / SF
$319 / SF
Confidence
High
8 county-verified comps
Property data
75
Market benchmarks
100
Comparable evidence
80
$842k
blend $935k
$1.03M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
2,935 SF
Lot area
0.22 ac
Year built
1983
APN
930-521-69
Assessed value
$927,453
Annual tax
$10,268
3
Income approach: direct capitalization
Partial preview
Income approach indication
$575k
Direct capitalization · @ 6.5% CAP return
@ 6% CAP return
$620k
@ 6.5% CAP return
$575k
@ 7% CAP return
$530k
4
Sales comparison
Partial preview
Sales approach indication
$1.14M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.6 mi away · 2,567 SF
6.0 mi away · 3,262 SF
7.0 mi away · 3,458 SF
8.0 mi away · 2,400 SF
8.6 mi away · 3,723 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$935k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 25 sales
$285
+12%
Submarket 79 sales
$265
+20%
County 1023 sales
$323
-1%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $319/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Neighborhood: Shopping Center
Gross theoretical uplift
+64%
vs current-use indication
Auto Repair, Garage
Commercial (general)
Retail Stores
Industrial (general) · current use
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Actual rent roll
Not available
Tenant leases
Not available
Physical condition
Not inspected
Conversion costs
Not available
Not analyzed due to unavailable source data: tenant leases, physical condition and capital
requirements were not available for this desktop analysis. Cost Approach excluded due to
availability of income evidence.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
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Overview
Implied cap rate
4.00%
Implied, in-place cap rate for this industrial properties
Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Lower yield / higher price
Higher yield / lower price
5.0%
This property · 4.00%
9.0%
NOI (est.)
$61k *
Last sale · Feb 2020
$865k
* derived from a real price signal at a 7% cap
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$1.51M
Move the market yield to see immediate price impact.
Value / SF
$516
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
3.50%4.00%4.50%
$54k
$1.56M
$1.36M
$1.21M
$61k
$1.73M
$1.51M
$1.35M
$67k
$1.90M
$1.67M
$1.48M
NOI sensitivity ±10% across the selected-rate band (±0.5 pp) — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$1.06M
0.8 mi · Oct 2025 · $458/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$10,268
Tax year 2024
Assessed value
$927,453
Assessed 2024
Previous assessed
$927,453
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$804,152
Assessed improvement
$123,301
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Industrial properties
Use group
CONDOMINIUMS (INDUSTRIAL)
Status
Off-Market
Year built
1983
Heating
NONE
Total area
2,935 SF
Lot
0.22 ac (9,641 SF)
APN
930-521-69
UPID
US09-0700145
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
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1983
Heating
NONE
Lot
0.22 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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