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Property profile & analytics
OFF-MARKET
Estimated value
$1,140,000
Flex space
511 Cameron St Placentia, CA 92870-6425
Trust Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0965962
Property summary
AI-generated overview
This exceptional 6,949-square-foot freestanding industrial flex building in Placentia, CA, presents a unique opportunity. Located at 511 Cameron St, 92870, this single-tenant property boasts a prime corner location offering two convenient points of entry and drive-around accessibility. The building features a 16-foot ceiling height, providing ample vertical space for various uses. The property includes 13 parking stalls, offering a generous 1.9:1 parking ratio. Power is supplied by a 400-amp, 120/280-volt, 3-phase system (verification recommended). The building currently has a high-quality executive office build-out, which is easily removable to suit the needs of a new tenant. This quiet cul-de-sac location provides easy access to major freeways, including the 57 and 91, with close proximity to the 55, 5, and 22 freeways, ensuring seamless transportation throughout Orange County. The entire 6,949 square feet is currently vacant and ready for immediate occupancy. This property is ideal for businesses seeking a well-appointed, conveniently located industrial space with excellent freeway access.
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1988
Total area
6,449 SF
Lot
0.46 ac (19,928 SF)
APN
339-451-01
UPID
US09-0965962
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
-
Elljay Acoustic Inc Hardware & Home Improvement Interior Design
-
Elljay Acoustics Inc. General Contractor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.16M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.14M
Owner & transaction history
Siegele,raymond H & T R Trust · 9 yrs held
Siegele,raymond H & T R Trust
since 2016
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 Placentia submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Placentia 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%
$1,255,000
6.5%
$1,160,000
7%
$1,075,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,600,000
Current use
Blend value · Realmo final
$1.14M
Range $1.03M – $1.25M · ±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
$177 / 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
$18,648
Tax year 2024
Assessed value
$1,719,720
Assessed 2024
Previous assessed
$1,719,720
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,024,046
Assessed improvement
$695,674
Applied tax rate
9.0000
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
Flex space
Use group
LIGHT INDUSTRIAL
Status
Off-Market
Year built
1988
Heating
NONE
Stories
1
Total area
6,449 SF
Lot
0.46 ac (19,928 SF)
APN
339-451-01
UPID
US09-0965962
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
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
INDUSTRIAL (GENERAL) 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
1988
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Siegele,raymond H & T R Trust
Trust
Mailing address
5571 MTN VW AVE, YORBA LINDA, CA 92886-5452
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 23, 2016
—
Siegele,raymond H & T R Trust
Siegele,raymond & Theodora R
Quit Claim Deed
related
—
Nov 29, 2016
$1,511,500
Raymond Siegele
Bishop Family Trust
Grant Deed
—
Oct 18, 2007
—
Elljay Acoustics INC
Bishop Family Trust
Grant Deed
related
—
Sep 12, 2007
—
Bishop Family Trust
Caliber Properties LLC
Grant Deed
$667,500 · Union Bank Of California
Feb 18, 2004
—
Caliber Properties LLC
Caliber Properties
Quit Claim Deed
related
$150,000 · Citizens Business Bank
Jul 30, 1999
$415,000
Caliber Properties
Roy,james P & Constance
Grant Deed
$372,500 · Seller
Jan 14, 1994
$360,000
James P Roy
California Feder
Grant Deed
$210,000 · California Federal Bank
Jan 6, 1993
$401,925
Cal Fed Bank
Macdonald,gary
Trustees Deed
related
—
Aug 12, 1988
$505,000
Macdonald Gary
Cohen Said
Grant Deed
$375,000 · California Federal Bank
—
—
Bishop Family Trust
—
Deed Of Trust
related
$575,000 · Mufg Union Bk NA
—
—
Caliber Properties LLC
—
Deed Of Trust
related
$500,000 · Citizens Business Bank
—
—
Bishop Family Trust
—
Deed Of Trust
related
$553,000 · Certified Dev Corp Landmark
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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