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Property profile & analytics
OFF-MARKET
Estimated value
$12,860,000
Flex space
5340 Hunter Ave Anaheim, CA 92807-2053
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1492162
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1980
Total area
10,304 SF
Lot
0.53 ac (22,925 SF)
APN
346-222-03
UPID
US09-1492162
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
-
Pacific Contours Corporate Office Factory
-
Pacific Contours Corp Corporate Office Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$12.86M
Owner & transaction history
5340 E Hunter Ave LLC · 4 yrs held
5340 E Hunter Ave LLC
since 2022
Last sale
$10.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$7.0M
+155.1%
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 Anaheim submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Anaheim 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
$12,860,000
ML approach
$9,730,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$7,030,000
Change: +155% · Conversion: Difficult
Blend value · Realmo final
$12.86M
Range $11.57M – $14.15M · ±10% · vs last sale $10.55M (Apr 13 2022)
Last sale anchor
$10.55M
Apr 13 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
$1,248 / 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
$41,401
Tax year 2024
Assessed value
$3,848,578
Assessed 2024
Previous assessed
$3,848,578
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$3,487,739
Assessed improvement
$360,839
Applied tax rate
1.0000
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
1980
Heating
NONE
Stories
1
Total area
10,304 SF
Lot
0.53 ac (22,925 SF)
APN
346-222-03
UPID
US09-1492162
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
RESTAURANT
Est. value
$7.0M
RESTAURANT
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
1980
Heating
NONE
Stories
1
Lot
0.53 ac
Current owner
From public records · entity-resolved
5340 E Hunter Ave LLC
Entity
Mailing address
507 L ST, NEWPORT BEACH, CA 92661-1537
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
20 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 12, 2022
—
5340 E Hunter Ave LLC
—
Deed
related
$5,250,000 · Bank Of America NA
Apr 13, 2022
$10,550,000
5340 E Hunter Ave LLC
Thomas Rapacz
Grant Deed
—
Aug 30, 2021
—
Thomas Rapaca
Michael Henry Rapacz
Affidavit Of Death Of Joint Tenant
—
Dec 7, 2020
—
Michael Henry Rapacz
—
Deed
related
$3,900,000 · Network Small Business Finance LLC
May 3, 2019
—
Rapacz,michael H Trust
—
Deed
related
$17,500 · Harvest Com'l Cap LLC
Apr 22, 2015
—
Rapacz,michael H Trust
Rapacz Michael
Quit Claim Deed
related
—
Apr 6, 2015
—
Michael Rapacz
Rapacz Family Trust
Quit Claim Deed
related
—
Apr 4, 2005
—
Rapacz Family Trust
Rapacz,michael H & Mary K
Quit Claim Deed
related
—
Sep 14, 1998
$722,000
Michael H Rapacz
Carroll Trust
Grant Deed
$653,000 · Sierrawest Bank
May 25, 1989
$669,500
Merle E Carroll
Clothestime INC
Grant Deed
$502,029 · Clothestime INC
—
—
Michael H Rapacz
—
Deed Of Trust
related
$298,000 · Cdc Small Business Finance Co
—
—
Rapacz,michael H Trust
—
Deed Of Trust
related
—
—
—
Merle E Carroll
—
Deed Of Trust
related
$400,000 · Bank Of America
—
—
Carroll Trust
—
Deed Of Trust
related
$383,309 · Bank Of America
—
—
Michael H Rapacz
—
Deed Of Trust
related
$300,000 · South County Bank NA
—
—
Michael H Rapacz
—
Deed Of Trust
related
$1,000,000 · Ge Capital Small Business Finl
—
—
Rapacz,michael H Trust
—
Deed Of Trust
related
$17,500 · Harvest Com'l Cap LLC
—
—
Michael H Rapacz
—
Deed Of Trust
related
$220,000 · Alliance Bank
—
—
Michael H Rapacz
—
Deed Of Trust
related
$125,000 · California Bank & Trust
—
—
Michael H Rapacz
—
Deed Of Trust
related
$343,000 · California Bank & 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.
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