Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    466 Industrial Way Placentia, CA 92870-6320

    • Warehouses
    • 21,996 SF
    • 0.92 lot acres
    OFF-MARKET
    Value Estimations
    $465,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1266943
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Timbersilwood Distribution / Distribution Service / Deck Builder
    • Pacific Architectural Woodworking inc. / Woodworker

    Property Details for 466 Industrial Way

    Year built
    1969
    Lot size
    0.92 lot acres
    Property size
    21,996 SF
    Property type
    Warehouses
    APN
    339-442-03
    APU
    33944203

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $465,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $465,000
      Market price range: $466k - $1.06M

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Placentia
    County
    Orange
    State
    California
    Longitude
    -117.88
    Latitude
    33.8665
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $5,883
    $96,820
    $324,315
    $421,135
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $465,000
      8,812 SF

      1918 Nancita Cir

      WAREHOUSE, STORAGE • 8,812 SF
      1918 Nancita Cir, Placentia, CA 92870-6737
      View Details
    • Value Estimation
      $525,000
      18,661 SF

      1740 Barcelona Cir

      WAREHOUSE, STORAGE • 18,661 SF
      1740 Barcelona Cir, Placentia, CA 92870-6630
      View Details
    • Value Estimation
      $395,000
      12,840 SF

      1630 Miraloma Ave

      WAREHOUSE, STORAGE • 12,840 SF
      1630 Miraloma Ave, Placentia, CA 92870-6622
      View Details
    • Value Estimation
      $990,000
      8,991 SF

      1913 Nancita Cir

      WAREHOUSE, STORAGE • 8,991 SF
      1913 Nancita Cir, Placentia, CA 92870-6737
      View Details
    • Value Estimation
      $2,850,000
      10,816 SF

      1924 Nancita Cir

      WAREHOUSE, STORAGE • 10,816 SF
      1924 Nancita Cir, Placentia, CA 92870-6737
      View Details
    • Value Estimation
      $525,000
      14,124 SF

      1901 Nancita Cir

      WAREHOUSE, STORAGE • 14,124 SF
      1901 Nancita Cir, Placentia, CA 92870-6737
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4,850 SF

      Placentia Business Park Warehouse

      Warehouse with office space and ground level loading door.
      910 Via Rodeo S, Placentia, CA 92870
      View Details
    • $50,888

      Established Placentia Business Opportunity

      Profitable Business, Turnkey Operation
      Placentia, CA 92870
      View Details
    • $254,500

      Lake Park 55+ Community Home

      Comfortable 2-bedroom home in a serene senior community.
      210 Silverlake Dr, Placentia, CA 92870
      View Details
    • $350,000
      10,454 SF

      Placentia Commercial Land Investment

      Prime Placentia lot, redevelopment potential.
      604 Chapman Ave, Placentia, CA 92870
      View Details
    • $155,000

      Profitable Korean Food Franchise Opportunity

      Turn-key Korean food franchise for sale in Placentia, CA.
      2001 E Orangethorpe Ave, Placentia, CA 92870
      View Details
    • $1,450,000

      Placentia Specialty Property for Sale

      Specialty property available for purchase in Placentia, California.
      906 Easton St, Placentia, CA 92870
      View Details

    Similar Nearby for Lease

    • $1.50 SF/Yr
      5,000 SF

      Placentia Warehouse with Office Space

      Industrial warehouse with office space available for lease in Placentia.
      941-981 Via Rodeo, Placentia, CA 92870
      View Details
    • $1.49 SF/Yr
      12,880 SF

      Placentia Warehouse with Fenced Yard

      Freestanding warehouse with office, air conditioning, and fenced yard.
      720 Hundley Way, Placentia, CA 92870
      View Details
    • $1.50 SF/Yr
      5,000 SF

      Industrial Condo in Anaheim Corridor

      Industrial condo with office space in desirable Anaheim Canyon Corridor.
      950-990 Via Rodeo S, Placentia, CA 92870
      View Details
    • $19 SF/Yr
      5,000 SF

      Prime Anaheim Warehouse Space

      5,000 SF Warehouse For Lease
      981 Via Rodeo, Placentia, CA 92870
      View Details
    • $1.55 SF/Yr
      3,800 SF

      Placentia Industrial Building For Rent

      38,655 SF industrial building with 500 SF office space.
      700-720 Monroe Way, Placentia, CA 92870
      View Details
    • $1.35 SF/Yr
      72,736 SF

      Freestanding Industrial Building Available

      72,736 SF industrial building with freeway frontage for lease.
      567 S Melrose St, Placentia, CA 92870
      View Details

    Property Visit Statistics

    • Visits by month
      814
    • Visitors by month
      256
    • Avg Time on site
      45 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    466 Industrial Way
    Placentia, CA 92870-6320
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.