Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7441 Lincoln Way Garden Grove, CA 92841-1452

    • Commercial real estate
    • 41,032 SF
    • 2.18 lot acres
    OFF-MARKET
    Last Sale
    Oct 06, 2023
    $24,947,500
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2229274
    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

    • Modivcare Business Office - California / Freight Service / Logistics Company
    • Church World Service Orange County / Charitable Organization / Social Service Agency

    Property Details for 7441 Lincoln Way

    Year built
    1983
    Lot size
    2.18 lot acres
    Property size
    41,032 SF
    Property type
    Commercial real estate
    APN
    131-021-26
    APU
    13102126

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -118.002
    Latitude
    33.7988
    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
    $121,933
    $6,606,084
    $3,293,916
    $9,900,000
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      7615 Park Ave

      COMMERCIAL (GENERAL)
      7615 Park Ave, Garden Grove, CA 92841-4010
      View Details
    • Value Estimation
      $3,730,000
      27,650 SF

      12881 Knott St

      COMMERCIAL (GENERAL) • 27,650 SF
      12881 Knott St, Garden Grove, CA 92841-3925
      View Details
    • Value Estimation by Request
      1,828 SF

      11111 Magnolia St

      SHOW ROOM, WAREHOUSE • 1,828 SF
      11111 Magnolia St, Garden Grove, CA 92841-1031
      View Details
    • Value Estimation
      $515,000
      3,082 SF

      12921 Fern St

      SHOW ROOM, WAREHOUSE • 3,082 SF
      12921 Fern St, Garden Grove, CA 92841-4300
      View Details
    • Value Estimation
      $8,115,000
      33,362 SF

      12882 Shackelford Ln

      COMMERCIAL (GENERAL) • 33,362 SF
      12882 Shackelford Ln, Garden Grove, CA 92841-5109
      View Details
    • Value Estimation by Request
      2.05 Acres

      9621 Bixby Ave

      COMMERCIAL (GENERAL) • 2.05 Acres
      9621 Bixby Ave, Garden Grove, CA 92841-3726
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      88,164 SF

      Distribution Building Under Construction

      88,164 SF distribution building with office space and ample parking.
      11311 Western Ave, Garden Grove, CA 92841
      View Details
    • $2,840,000
      8,000 SF

      Free Standing Industrial Building

      Industrial building with fenced yards and vacant space available.
      7542-7552 Acacia Ave, Garden Grove, CA 92841
      View Details
    • $239,900

      Garden Grove Specialty Property

      Specialty property available for sale in Garden Grove, CA.
      7700 Lampson Ave, Garden Grove, CA 92841
      View Details
    • $1,500,000

      Garden Grove Triplex Investment Opportunity

      Triplex in Garden Grove with strong income potential.
      12892 Adelle St, Garden Grove, CA 92841
      View Details
    • $1,700,000

      Two Multifamily Properties For Sale

      Two adjacent multifamily properties with upside rent potential in Garden Grove.
      12932 Shackelford Ln, Garden Grove, CA 92841
      View Details
    • $326,500

      Senior Community Mobile Home

      Spacious 2-bedroom mobile home in a 55+ community.
      7700 Lampson 138, Garden Grove, CA 92841
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      30,000 SF

      Garden Grove Industrial Manufacturing Space

      30,000 SF Warehouse - Ready for Occupancy
      7091 Belgrave Ave, Garden Grove, CA 92841
      View Details
    • $28 SF/Yr

      Prime Garden Grove Fitness Space

      1,505 SF Retail Fitness Center
      9561 Chapman Ave, Garden Grove, CA 92841
      View Details
    • Contact for pricing
      47,092 SF

      Garden Grove Warehouse - 47,092 SF

      Large Industrial Warehouse, Excellent Location
      7261 Lampson Ave, Garden Grove, CA 92841
      View Details
    • $1.49 SF/Yr
      36,303 SF

      Garden Grove Warehouse Space Available

      Warehouse space available for lease in Garden Grove, CA.
      12601 Industry St, Garden Grove, CA 92841
      View Details
    • $1.50 SF/Yr
      2,210 SF

      Garden Grove Flex Space Available

      Multi-tenant building with ground level loading door and offices.
      11542 Knott St, Garden Grove, CA 92841
      View Details
    • $1.39 SF/Yr
      33,372 SF

      Industrial Building with Secured Yard

      Freestanding industrial building featuring a secured yard and ample power.
      7221 Orangewood Ave, Garden Grove, CA 92841
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    7441 Lincoln Way
    Garden Grove, CA 92841-1452
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.