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Property profile & analytics
FOR LEASE
Showrooms
770 The City Dr S Orange, CA 92868
Entity Owned
Absentee Owner
Free & Clear
Property ID
US09-2410955
For Lease
1 / 26
$23,518 SF/Yr
770 The City Dr S, Orange, CA 92868
View Listing →
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Lot
5.21 ac (226,982 SF)
APN
231-261-15
UPID
US09-2410955
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
-
Pediatrix Medical Group Hospital Children's Hospital
-
Aeries Software (Bike/Boat/Book/etc) Store Corporate Office
-
CNY Accountants & Consultants Accounting Firm Tax Preparation
-
Dr. Steve Hong Physician
-
Yanez & Associates Divorce & Family Law Attorneys Orange County Law Firm Child Welfare Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
770 The City Drive LLC
770 The City Drive LLC
since 2025
5 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$535,721
Tax year 2024
Assessed value
$48,663,869
Assessed 2024
Previous assessed
$48,663,869
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$19,142,686
Assessed improvement
$29,521,183
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
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Status
For Lease
Heating
NONE
Lot
5.21 ac (226,982 SF)
APN
231-261-15
UPID
US09-2410955
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
Building & site characteristics
From public records
Heating
NONE
Lot
5.21 ac
Current owner
From public records · entity-resolved
770 The City Drive LLC
Entity
Free & Clear · 0 yrs held
Mailing address
5601 GRANITE PKWY, PLANO, TX 75024-6654
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
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
Dec 23, 2025
$40,000,000
770 The City Drive LLC
Gpi Ocs LLC
Grant Deed
—
Nov 30, 2012
$33,876,500
Gpi-ocs LLC
Spuso5 Oc Square LLC
Grant Deed
$237,187 · New York Life Insurance
Oct 7, 2010
$63,500,000
Spuso5 Oc Square LLC
Chicago Title Co
Grant Deed
related
$51,937,500 · New York Life Insurance
Aug 30, 2007
$130,682,000
Orange City Sq Jv LLC
Massachusetts Mutual Life Ins
Grant Deed
$80,000,000 · New York Life Insurance
Nov 17, 2005
—
Maria Chavira
Chavira,bardo C
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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