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Property profile & analytics
OFF-MARKET
Estimated value
$970,000
Showrooms
7942 Gdn Grv Blvd, Garden Grove, CA 92841-4208
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1122699
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1972
Total area
7,435 SF
Lot
0.35 ac (15,386 SF)
APN
096-281-14
UPID
US09-1122699
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
-
Hanmi Piano Yamaha Authorized Dealer OC/LA (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$970k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$722k
Blend (final)
Blend
$970k
Owner & transaction history
Jong Chil Kim · 2 yrs held
Jong Chil Kim
since 2024
Last sale
$970,000
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 Garden Grove submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Garden Grove 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
$970,000
ML approach
$970,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$970k
Range $873k – $1.07M · ±10% · vs last sale $970k (May 3 2024)
Last sale anchor
$970k
May 3 2024
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
$130 / 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
$18,038
Tax year 2024
Assessed value
$1,419,928
Assessed 2024
Previous assessed
$1,419,928
+0.0% YoY
Effective rate
1.27%
On assessed value
Assessed land
$898,821
Assessed improvement
$521,107
Applied tax rate
18.0000
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
Off-Market
Year built
1972
Heating
NONE
Total area
7,435 SF
Lot
0.35 ac (15,386 SF)
APN
096-281-14
UPID
US09-1122699
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
Year built
1972
Heating
NONE
Lot
0.35 ac
Current owner
From public records · entity-resolved
Jong Chil Kim
Individual
Mailing address
5582 NELSON ST, CYPRESS, CA 90630-3147
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2024
—
Jong Chil Kim
Jong Chil Kim
Intrafamily Transfer
related
—
Jun 23, 2023
—
Jong Chil Kim
Jong Chil Kim
Intrafamily Transfer
related
—
Oct 8, 2002
$135,000
Jong C Kim
Im,won S
Grant Deed
related
—
Jul 31, 2001
$970,000
Won S Im
Wang,ai S
Grant Deed
$870,000 · United Commercial Bank
Jan 4, 1996
$6,000
Levine Trust
Schumer Trust
Trustees Deed
—
—
—
Kim,jong C
—
Deed Of Trust
related
$87,600 · Bank Of America
—
—
Wang,al S
—
Deed Of Trust
related
$540,000 · Liberty National Bank
—
—
Kim,jong C
—
Deed Of Trust
related
$780,000 · Centerbank
—
—
Kim,jong C
—
Deed Of Trust
related
$150,000 · Bbcn Bk
—
—
Kim,jong C
—
Deed Of Trust
related
$1,100,000 · Centerbank
—
—
Jong C Kim
—
Deed Of Trust
related
$800,000 · Centerbank
—
—
Kim,jong C
—
Deed Of Trust
related
$684,802 · Centerbank
—
—
Kim,jong C
—
Deed Of Trust
related
$1,200,000 · Bbu Bank
—
—
Jong C Kim
—
Deed Of Trust
related
$1,314,000 · Bbcn 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.
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