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    Property profile & analytics

    623 Brookhurst St Anaheim, CA 92804-3580

    • Retail space
    • 1,826 SF
    • 0.57 lot acres
    OFF-MARKET
    Value Estimations
    $420,000
    Show details
    Cap Rate Potential
    6.8%
    Retail space
    Location Intelligence
    Property ID
    US09-1989972
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • The Honey Baked Ham Company / Gift Shop / Gourmet Grocery Store

    Property Details for 623 Brookhurst St

    Year built
    1962
    Lot size
    0.57 lot acres
    Property size
    1,826 SF
    Property type
    Retail space
    APN
    127-231-62
    APU
    12723162

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $425,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $480,000
      6.5%
      $440,000
      7%
      $410,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $321,000
      Market price range: $101k - $322k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.96
    Latitude
    33.824
    CBSA code
    31080
    CBSA name
    LOS ANGELES-LONG BEACH-ANAHEIM, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $27,343
    $823,518
    $1,333,007
    $2,156,525
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      154,465 SF

      Brookhurst St. & Ball Rd

      Individual retail properties • 154,465 SF
      0 Brookhurst St. & Ball Rd, Anaheim, CA 92804
      View Details
    • Value Estimation
      $365,000
      6,803 SF

      10424 Knott Ave

      RETAIL STORES (PERSONAL SERVICES) • 6,803 SF
      10424 Knott Ave, Anaheim, CA 92804-4707
      View Details
    • Value Estimation
      $605,000
      34,114 SF

      2424 Ball Rd

      RETAIL STORES (PERSONAL SERVICES) • 34,114 SF
      2424 Ball Rd, Anaheim, CA 92804-5272
      View Details
    • Value Estimation
      $505,000
      12,300 SF

      481 Brookhurst St

      RETAIL STORES (PERSONAL SERVICES) • 12,300 SF
      481 Brookhurst St, Anaheim, CA 92804-2413
      View Details
    • Value Estimation
      $295,000
      1,082 SF

      1225 Brookhurst St

      RETAIL STORES (PERSONAL SERVICES) • 1,082 SF
      1225 Brookhurst St, Anaheim, CA 92804-5444
      View Details
    • Value Estimation
      $315,000
      1,210 SF

      10441 Magnolia Ave

      RETAIL STORES (PERSONAL SERVICES) • 1,210 SF
      10441 Magnolia Ave, Anaheim, CA 92804-5113
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      3,000 SF

      Anaheim Retail Space Available Now

      High-traffic retail space, flexible layouts.
      3024 Rd, Anaheim, CA 92804
      View Details
    • $1,400,000

      Anaheim Multifamily Investment Opportunity

      Well-maintained 4-unit property with upside potential in a prime location.
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      Anaheim Triplex with Private Patios

      Triplex in Anaheim featuring private patios and shared laundry.
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      Anaheim Office Building For Sale

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      4,566 SF

      Anaheim Multifamily Investment Opportunity

      Fourteen-unit multifamily property in a prime Anaheim location.
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      Established Dental Labs Business Opportunity

      Two established dental laboratories in Anaheim, Orange County for sale.
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    Similar Nearby for Lease

    • Contact for pricing
      29,710 SF

      Brookhurst Center Retail Space For Lease

      Ralphs-anchored Anaheim retail center. High traffic, great visibility.
      921 Brookhurst St, Anaheim, CA 92804
      View Details
    • Contact for pricing

      Retail Center Space For Rent

      Retail spaces available in multi-tenant shopping center.
      3024 W Ball Rd, Anaheim, CA 92804
      View Details
    • Contact for pricing
      154,465 SF

      Brookhurst Center Retail Space

      Anaheim retail space, high visibility location.
      0 Brookhurst St. & Ball Rd, Anaheim, CA 92804
      View Details
    • $3 SF/Yr
      1,300 SF

      Retail Space Available For Rent

      Retail space available for rent in Anaheim, CA.
      8869-8879 Katella Ave, Anaheim, CA 92804
      View Details
    • Contact for pricing
      6,200 SF

      Prime Anaheim Retail Space

      High-traffic location, 6,200 sq ft.
      2156 Lincoln Ave, Anaheim, CA 92804
      View Details
    • $3,200 /Mo

      Spacious Condo with Private Backyard

      Comfortable 2-bedroom, 2-bath condo in Anaheim with modern amenities.
      8892 Katella Ave, Anaheim, CA 92804
      View Details

    Property Visit Statistics

    • Visits by month
      4.4k
    • Visitors by month
      4.0k
    • Avg Time on site
      21 min
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    623 Brookhurst St
    Anaheim, CA 92804-3580
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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