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Property profile & analytics
OFF-MARKET
Estimated value
$2,550,000
Warehouses
421 Columbine Ave Santa Ana, CA 92707-4412
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1285127
Property summary
AI-generated overview
This exceptional Santa Ana property, located at 421 E Columbine Ave (cross streets: Maple St/E Columbine Ave), offers a unique blend of executive office and warehouse space. The Dexter Business Park building, constructed in 1976, boasts a total of 21,202 square feet, with 2,100 square feet currently available for lease. The space features a desirable 14-foot ceiling height, ideal for various business needs. The property is zoned M1 and sits on a lot with dimensions to be determined by the prospective tenant. Parking is provided with 4 total spaces. The building is situated in the highly sought-after OC Airport Area submarket of Orange County (APN: 411-162-08), offering convenient access to major transportation routes. This multi-tenant building presents a fantastic opportunity for businesses seeking a versatile and strategically located space. Prospective tenants are responsible for verifying all property details, including but not limited to: building/land square footage, permitted office size, construction dates, clear height, power, sprinkler system details, zoning, permits and permitted uses, ADA compliance, parking availability, building and roof condition, HVAC systems, access points, encroachments, floor load capacity, and property taxes. There are no common area maintenance (CAM) charges associated with this property.
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1976
Total area
18,540 SF
Lot
0.82 ac (35,613 SF)
APN
411-162-08
UPID
US09-1285127
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
-
Cyberic Enterprises Inc. Department Store Grocery & Convenience Store
-
Wild Flower Tree Service Landscaping General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.55M
Owner & transaction history
Enfield Garand LLC · 10 yrs held
Enfield Garand LLC
since 2016
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
WAREHOUSE, STORAGE
$3,850,000
Current use
Blend value · Realmo final
$2.55M
Range $2.30M – $2.81M · ±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
$138 / 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
$37,539
Tax year 2024
Assessed value
$3,264,889
Assessed 2024
Previous assessed
$3,264,889
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$2,148,244
Assessed improvement
$1,116,645
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1976
Heating
NONE
Stories
1
Total area
18,540 SF
Lot
0.82 ac (35,613 SF)
APN
411-162-08
UPID
US09-1285127
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
WAREHOUSE, STORAGE Current
Est. value
$3.9M
WAREHOUSE, STORAGE Current
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
1976
Heating
NONE
Stories
1
Lot
0.82 ac
Current owner
From public records · entity-resolved
Enfield Garand LLC
Entity
Mailing address
13181 XRDS PKWY N STE #300, CITY OF INDUSTRY, CA 91746-3429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 18, 2016
$6,825,000
Enfield Garand LLC
Dexter Earl & Mary A Trust
Grant Deed
$4,825,000 · Private Individual
Jan 6, 1976
—
Dexter,earl Trust
—
Grant Deed
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.
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