New search
Property profile & analytics
OFF-MARKET
Estimated value
$4,025,000
Flex space
7 Marconi Irvine, CA 92618-2701
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2496742
Property profile
Verified
Property type
Flex space
Use group
LIGHT INDUSTRIAL
Year built
1978
Total area
17,500 SF
Lot
0.78 ac (33,820 SF)
APN
590-032-01
UPID
US09-2496742
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
-
Nipro Optics Inc Industrial Manufacturer Production Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.48M
CAP Approach
CAP
$3.48M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$4.03M
Owner & transaction history
Fee Ana LLC · 5 yrs held
Fee Ana LLC
since 2021
Last sale
$3.7M
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 Irvine submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Irvine 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
$4,680,000
ML approach
$4,480,000
CAP Approach
CAP Return
Estimation
6%
$3,770,000
6.5%
$3,480,000
7%
$3,230,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$6,360,000
Current use
COMMERCIAL (GENERAL)
$6,145,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$4.03M
Range $3.62M – $4.43M · ±10% · vs last sale $3.75M (Jan 13 2021)
Last sale anchor
$3.75M
Jan 13 2021
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
$230 / 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
$41,470
Tax year 2024
Assessed value
$3,976,897
Assessed 2024
Previous assessed
$3,976,897
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$3,419,763
Assessed improvement
$557,134
Applied tax rate
26.0000
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
1978
Heating
NONE
Stories
1
Total area
17,500 SF
Lot
0.78 ac (33,820 SF)
APN
590-032-01
UPID
US09-2496742
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
$6.4M
COMMERCIAL (GENERAL)
Est. value
$6.1M
INDUSTRIAL (GENERAL) Current
COMMERCIAL (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
1978
Heating
NONE
Stories
1
Lot
0.78 ac
Current owner
From public records · entity-resolved
Fee Ana LLC
Entity
Mailing address
27081 IRONWOOD DR, LAGUNA HILLS, CA 92653-7540
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jan 19, 2021
—
Nipro Optics INC
—
Deed
related
$1,873,800 · Wells Fargo Bk
Jan 13, 2021
$3,748,000
Fee Ana LLC
Catherine Humphrey
Grant Deed
$1,873,800 · Wells Fargo Bank NA
Jul 13, 2015
—
Humphrey,catherine Trust
Humphrey Catherine
Quit Claim Deed
related
—
Jun 22, 2015
—
Catherine Humphrey
Riley Family Trust
Quit Claim Deed
—
Mar 27, 2015
—
Riley Family Trust
Riley Family Trust
Quit Claim Deed
related
—
Nov 25, 2014
—
Riley,virginia C Tr
Riley,james H
Affidavit Of Death
related
—
—
—
Nipro Optics INC
—
Deed Of Trust
related
$1,873,800 · Wells Fargo Bk
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 7 Marconi?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
