Back to Search
Property profile & analytics
OFF-MARKET
Turn key restaurants
501 State College Blvd Fullerton, CA 92831-3500
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1452756
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1968
Total area
10,221 SF
Lot
2.06 ac (89,663 SF)
APN
283-212-33
UPID
US09-1452756
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
-
Represent LTD. HQ Clothing Store
-
Chipotle Mexican Grill Restaurant
-
Panda Express Restaurant
-
Ari Kitchen & Bath, LLC Kitchen & Bath Showroom Furniture & Home Goods
-
Nick the Greek Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Roma Properties LLC
Roma Properties LLC
since 2025
Last sale
$312,500
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 Fullerton submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Fullerton 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
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
$48,504
Tax year 2024
Assessed value
$3,128,091
Assessed 2024
Previous assessed
$3,128,091
+0.0% YoY
Effective rate
1.55%
On assessed value
Assessed land
$916,997
Assessed improvement
$2,211,094
Applied tax rate
3.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1968
Heating
NONE
Stories
1
Total area
10,221 SF
Lot
2.06 ac (89,663 SF)
APN
283-212-33
UPID
US09-1452756
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
Year built
1968
Heating
NONE
Stories
1
Lot
2.06 ac
Current owner
From public records · entity-resolved
Roma Properties LLC
Entity
Mailing address
1131 EMERALD BAY, LAGUNA BEACH, CA 92651-1261
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 17, 2025
—
Roma Properties LLC
Ronald P Beard Trust
Quitclaim Deed
related
—
Dec 26, 2024
—
Hdl Associates LLC
Hdl Business Park LLC
Deed
related
—
Jul 17, 2024
—
Sms Real Estate LLC
Shane Sears
Correction Deed
related
—
Mar 16, 2023
—
Hdl Business Park LLC
—
Deed
related
$2,850,000 · City National Bank
Apr 22, 2022
—
Sms Real Estate LLC
—
Deed
related
$2,000,000 · American Fidelity Assurance Company
Mar 25, 2022
—
Sms Real Estate LLC
—
Deed
related
$1,800,000 · American Fidelity Assurance Company
Feb 11, 2021
—
Sms Real Estate LLC
Shane Sears
Quit Claim Deed
related
—
Feb 11, 2021
$165,000
Shane Sears
Hal M Sears
Quit Claim Deed
related
—
Feb 9, 2021
—
Sms Real Estate LLC
Hal M Sears
Intrafamily Transfer
related
—
Apr 2, 2018
—
Hdl Business Park LLC
—
Deed
related
$2,650,000 · California Bk&tr
Apr 22, 1988
—
Claire Nichols
Nichols Michael
Quit Claim Deed
related
—
Apr 22, 1988
$312,500
Ronald P Beard
First American
Trustees Deed
$980,000 · First Nationwide Bank
Apr 22, 1988
$208,000
First American F
First American
Trustees Deed
related
—
Apr 22, 1988
$69,500
First American F
Nichols Claire C
Grant Deed
related
—
Apr 22, 1988
$584,000
First American F
Chapman Inv Co
Grant Deed
related
—
Apr 22, 1988
$389,500
First American F
First American
Trustees Deed
related
—
—
—
Sears Hal M Trust
—
Deed Of Trust
related
$1,000,000 · Beard Ronald P Trust
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?”
You own 501 State College Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
