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Property profile & analytics
FOR SALE
Showrooms
500 South Main St Orange, CA 92868
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-0054923
For Sale
1 / 17
Contact for pricing
500 South Main St, Orange, CA 92868
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
8.44 ac (367,799 SF)
APN
390-294-02
UPID
US09-0054923
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
-
Union Bank Atm Bank
-
Biggs Cardosa Associates Structural Engineer
-
Towill, Inc. Land Surveyor Mapping Service
-
Orange County Assessor County Government Office Tax Assessor
-
The Square On Main Business Service Center Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$94.30M
Owner & transaction history
Tpp Lpw Som Property LLC · 4 yrs held
Tpp Lpw Som Property LLC
since 2022
Last sale
$97.2M
7 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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$88,490,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$94.30M
Range $84.87M – $103.72M · ±10% · vs last sale $97.20M (Feb 15 2022)
Last sale anchor
$97.20M
Feb 15 2022
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
—
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
$1,124,219
Tax year 2024
Assessed value
$101,794,980
Assessed 2024
Previous assessed
$101,794,980
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$52,228,080
Assessed improvement
$49,566,900
Applied tax rate
8.0000
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Sale
Heating
NONE
Lot
8.44 ac (367,799 SF)
APN
390-294-02
UPID
US09-0054923
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
Building & site characteristics
From public records
Heating
NONE
Lot
8.44 ac
Current owner
From public records · entity-resolved
Tpp Lpw Som Property LLC
Entity
Mailing address
500 S MAIN ST STE #110, ORANGE, CA 92868-4536
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 15, 2022
$97,200,000
Tpp Lpw Som Property LLC
Orange County Realty Investors LLC
Grant Deed
$69,550,000 · Capital One NA
Sep 19, 2007
—
Colton Family Trust
Stone,paul D & Bonnie W
Grant Deed
—
Jun 29, 2007
$91,990,000
Orange Cnty Realty Invtrs LLC
Ubs Partners
Grant Deed
$60,000,000 · Massachusetts Mutual Life Ins
Jan 23, 2007
—
Colton Family Trust
Kincaid,douglas J
Grant Deed
—
Jan 19, 2007
—
Infelise J A & L J 2005 Trust
Jf & C Investments
Grant Deed
—
Dec 27, 2006
—
Colton Family Trust
Neuhuys Family Trust
Grant Deed
—
Dec 18, 2006
—
Colton Family Trust
Ledgerwood Family Trust
Grant Deed
—
Dec 15, 2006
—
Colton Family Trust
Crawford Ramona M Trust
Grant Deed
—
Oct 19, 2006
—
Colton Family Trust
Duarte G E Special Needs Trust P
Grant Deed
—
Sep 26, 2006
—
Colton Family Trust
Horne,ryan W
Grant Deed
—
Aug 22, 2006
—
Colton Family Trust
J Devirl Cruser Family Lc
Grant Deed
—
Dec 7, 2004
—
Breeze E V Trust
Breeze,e V
Quit Claim Deed
related
—
Jul 1, 1994
—
South Main 500
Citi&,
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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