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Property profile & analytics
OFF-MARKET
Estimated value
$5,145,000
Retail space
626 Tustin St Orange, CA 92867-7127
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2417555
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
17,530 SF
Lot
1.06 ac (46,133 SF)
APN
386-191-05
UPID
US09-2417555
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
-
Edge Salon Hair Salon
-
Shingaar Salon & Spa Hair Salon Nail Salon
-
Glambygogis Hair Salon
-
24 Hour Locksmith Orange Locksmith
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.87M
CAP Approach
CAP
$3.82M
Comparable Approach
Comparable
$6.10M
Blend (final)
Blend
$5.15M
Owner & transaction history
George H Garcia · 3 yrs held
George H Garcia
since 2022
Last sale
$5.3M
5 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$8.2M
+33.9%
Auto repair, garage
$7.8M
+27.3%
Commercial (general)
$6.6M
+6.7%
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 Orange submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Orange 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
$5,065,000
ML approach
$4,870,000
CAP Approach
CAP Return
Estimation
6%
$4,130,000
6.5%
$3,815,000
7%
$3,540,000
Alternative Use
Use
Estimation
RETAIL STORES
$6,140,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$8,225,000
Change: +34% · Conversion: Moderate
AUTO REPAIR, GARAGE
$7,820,000
Change: +27% · Conversion: Difficult
COMMERCIAL (GENERAL)
$6,550,000
Change: +7% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$5,315,000
Change: -13% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$5,000,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$5.15M
Range $4.63M – $5.66M · ±10% · vs last sale $5.33M (Sep 12 2022)
Last sale anchor
$5.33M
Sep 12 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
$293 / 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
$66,514
Tax year 2024
Assessed value
$5,431,500
Assessed 2024
Previous assessed
$5,431,500
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$4,630,800
Assessed improvement
$800,700
Applied tax rate
8.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1965
Heating
NONE
Stories
2
Units
14
Total area
17,530 SF
Lot
1.06 ac (46,133 SF)
APN
386-191-05
UPID
US09-2417555
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
RETAIL STORES Current
Est. value
$6.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$8.2M
AUTO REPAIR, GARAGE
Est. value
$7.8M
COMMERCIAL (GENERAL)
Est. value
$6.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$5.3M
INDUSTRIAL (GENERAL)
Est. value
$5.0M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
INDUSTRIAL (GENERAL)
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
1965
Heating
NONE
Stories
2
Units
14
Lot
1.06 ac
Current owner
From public records · entity-resolved
George H Garcia
Individual
Mailing address
1031 W CHAPMAN AVE STE #204, ORANGE, CA 92868-2872
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
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 12, 2022
$5,325,000
George H Garcia
Carolyn Mcclelland
Grant Deed
$2,800,000 · Royal Business Bank
Sep 12, 2022
—
Carolyn Mcclelland
Mcclelland Enterprises LLC
Intrafamily Transfer
related
—
Oct 5, 2017
—
Shannen Oulicky
Boyles Linda S Trust
Quit Claim Deed
related
—
Jul 25, 2016
—
Mcclelland Ents LLC
Mcclelland,carolyn
Quit Claim Deed
—
Jul 2, 2008
—
Linda Boyles
Rodieck Family Trust
Quit Claim Deed
related
—
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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