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Property profile & analytics
OFF-MARKET
Estimated value
$1,635,000
Retail space
372 Lemon Ave Walnut, CA 91789-2345
Entity Owned
19-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-0367510
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1986
Construction
WOOD
Total area
6,000 SF
Lot
0.59 ac (25,712 SF)
Zoning code
WAC3*
APN
8720-001-018
UPID
US10-0367510
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
-
Winly Massage Chair (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$2.04M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.64M
Owner & transaction history
Orange Grove Service INC · 19 yrs held
Orange Grove Service INC
since 2006
7 recorded transactions
Zoning & alternative use
WAC3* · Walnut, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Office building
$2.7M
+17.0%
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 Walnut submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Walnut 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%
$2,210,000
6.5%
$2,040,000
7%
$1,895,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,300,000
Current use
OFFICE BUILDING
$2,690,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$2,270,000
Change: -1% · Conversion: Difficult
Blend value · Realmo final
$1.64M
Range $1.47M – $1.80M · ±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
$273 / 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
$38,049
Tax year 2024
Assessed value
$2,944,901
Assessed 2024
Previous assessed
$2,944,901
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,641,895
Assessed improvement
$1,303,006
Applied tax rate
12.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1986
Construction
WOOD
Heating
NONE
Stories
1
Total area
6,000 SF
Lot
0.59 ac (25,712 SF)
Zoning code
WAC3*
APN
8720-001-018
UPID
US10-0367510
Jurisdiction
LOS ANGELES
Metro division
LOS ANGELES-LONG BEACH-GLENDALE, CA METROPOLITAN DIVISION
Zoning & alternative use
WAC3* · Walnut, CAZoning WAC3* · permitted uses
WAC3* · Walnut, CA
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
RETAIL STORES Current
Est. value
$2.3M
OFFICE BUILDING
Est. value
$2.7M
WAREHOUSE, STORAGE
Est. value
$2.3M
RETAIL STORES Current
OFFICE BUILDING
WAREHOUSE, STORAGE
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
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.59 ac
Current owner
From public records · entity-resolved
Orange Grove Service INC
Entity
Mailing address
3762 HENDERSON PL, CLAREMONT, CA 91711-1471
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2006
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 26, 2025
—
Orange Grove Service INC
—
Deed
related
$10,860,000 · Cathay Bank
Jun 14, 2024
—
Orange Grove Service INC
—
Deed
related
$9,500,000 · Mega Bank
Feb 25, 2020
—
Orange Grove Service INC
—
Deed
related
$5,500,000 · Golden Bank NA
Mar 28, 2017
—
Orange Grove Service INC
—
Deed
related
$5,400,000 · Mega Bank
Apr 19, 2012
—
Orange Grove Services INC
—
Deed Of Trust
related
$1,530,000 · Michael R Brown
Apr 11, 2012
—
Orange Grove Service INC
—
Deed Of Trust
related
$7,080,000 · Signal Walnut Ptshp LP
Jan 17, 2012
—
Orange Grove Service INC
—
Deed Of Trust
related
$7,080,000 · Signal Walnut Partnership LP
Dec 28, 2006
$11,800,000
Orange Grove Service INC
Signal Walnut Ptshp
Grant Deed
$7,080,000 · Signal Walnut Ptshp LP
Oct 29, 1999
$454,500
Signal Walnut Partnership
Commercial Ventures
Grant Deed
—
Jul 1, 1997
—
Westco Real Estate Finance Co
Commercial Ventures
Grant Deed
related
$2,025,000
—
—
Orange Grove Service INC
—
Deed Of Trust
related
$1,316,000 · Michael R Brown
—
—
Orange Grove Service INC
—
Deed Of Trust
related
$150,000 · Yu & Winnie X Yao
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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