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Property profile & analytics
OFF-MARKET
Estimated value
$5,815,000
Flex space
5362 Commercial Dr, Huntington Beach, CA 92649-1252
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2761645
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1977
Total area
12,142 SF
Lot
0.55 ac (23,800 SF)
APN
145-483-03
UPID
US09-2761645
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
-
Swart & Feliciani Business To Business Service Accountant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$6.53M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$5.82M
Owner & transaction history
5362 Commercial Drive Holdings LLC · 1 yrs held
5362 Commercial Drive Holdings LLC
since 2024
Last sale
$5.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.3M
+119.3%
Commercial (general)
$6.8M
+79.2%
Retail stores
$5.9M
+56.7%
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 Huntington Beach submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Huntington Beach 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
$6,585,000
ML approach
$6,530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$3,775,000
Current use
RESTAURANT
$8,285,000
Change: +119% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,765,000
Change: +79% · Conversion: Difficult
RETAIL STORES
$5,915,000
Change: +57% · Conversion: Moderate
NEIGHBORHOOD: SHOPPING CENTER
$5,695,000
Change: +51% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,415,000
Change: +43% · Conversion: Easy
OFFICE BUILDING
$5,210,000
Change: +38% · Conversion: Difficult
APARTMENT HOUSE (5+ UNITS)
$5,155,000
Change: +37% · Conversion: Difficult
Blend value · Realmo final
$5.82M
Range $5.23M – $6.40M · ±10% · vs last sale $5.40M (Sep 20 2022)
Last sale anchor
$5.40M
Sep 20 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
$479 / 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
$64,326
Tax year 2024
Assessed value
$5,508,000
Assessed 2024
Previous assessed
$5,508,000
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$5,191,800
Assessed improvement
$316,200
Applied tax rate
4.0000
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
1977
Heating
NONE
Stories
1
Total area
12,142 SF
Lot
0.55 ac (23,800 SF)
APN
145-483-03
UPID
US09-2761645
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
$3.8M
RESTAURANT
Est. value
$8.3M
COMMERCIAL (GENERAL)
Est. value
$6.8M
RETAIL STORES
Est. value
$5.9M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$5.7M
AUTO REPAIR, GARAGE
Est. value
$5.4M
OFFICE BUILDING
Est. value
$5.2M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.2M
INDUSTRIAL (GENERAL) Current
RESTAURANT
COMMERCIAL (GENERAL)
RETAIL STORES
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
OFFICE BUILDING
APARTMENT HOUSE (5+ UNITS)
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
1977
Heating
NONE
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
5362 Commercial Drive Holdings LLC
Entity
Mailing address
5292 SYSTEM DR, HUNTINGTON BEACH, CA 92649-1527
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2024
—
5362 Commercial Drive Holdings LLC
Gchb Enterprises LLC
Quitclaim Deed
related
—
Sep 20, 2022
$5,400,000
Gchb Enterprises LLC
Burke Commercial Drive LLC
Grant Deed
$2,740,335 · Harvest Commercial Capital LLC
Sep 20, 2022
—
Gchb Enterprises LLC
—
Deed
related
$2,254,000 · Business Finance Capital
Oct 25, 2021
—
Burke Commercial Drive LLC
—
Deed
related
$1,800,000 · Farmers & Merchants Bank Of Long Beach
Sep 9, 2021
$2,925,000
Burke Commercial Drive LLC
Jeffrey A Parris
Grant Deed
—
Aug 14, 2008
—
Jeffrey A Parris
Parris James A Trust
Quit Claim Deed
—
—
—
5362 Commercial Drive LP
—
Deed Of Trust
related
$550,000 · Commerce West Bank
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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