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Property profile & analytics
OFF-MARKET
Estimated value
$915,000
Retail space
8223 Commonwealth Ave Buena Park, CA 90621-2523
Trust Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0836902
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1965
Total area
5,014 SF
Lot
0.48 ac (20,736 SF)
APN
066-260-27
UPID
US09-0836902
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
-
ATM Atm
-
SWAN SPA Alternative Medicine Practice Spa & Massage Center
-
Sg Flooring Wood Line Big Box & Wholesale Store Building Supply
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$915k
Owner & transaction history
Singh,jagjit & Joginder K Trust · 10 yrs held
Singh,jagjit & Joginder K Trust
since 2016
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 Buena Park submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Buena Park 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$915k
Range $824k – $1.01M · ±10%
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
$182 / 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
$11,149
Tax year 2024
Assessed value
$639,932
Assessed 2024
Previous assessed
$639,932
+0.0% YoY
Effective rate
1.74%
On assessed value
Assessed land
$420,018
Assessed improvement
$219,914
Applied tax rate
14.0000
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
1
Units
4
Total area
5,014 SF
Lot
0.48 ac (20,736 SF)
APN
066-260-27
UPID
US09-0836902
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
1965
Heating
NONE
Stories
1
Units
4
Lot
0.48 ac
Current owner
From public records · entity-resolved
Singh,jagjit & Joginder K Trust
Trust
Mailing address
7435 E HUMMINGBIRD CIR, ANAHEIM, CA 92808-1706
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 16, 2024
—
Jagjit Singh
—
Deed
related
$870,000 · Commonwealth Business Bank
Nov 5, 2019
—
Jagjit Singh
—
Deed
related
$973,000 · Commonwealth Business Bank
Jul 7, 2016
—
Singh,jagjit & Joginder K Trust
Singh,jagjit & Joginder K
Quit Claim Deed
related
—
Sep 15, 2014
—
Joginder K Singh
Singh,jagjit & Joginder K
Quit Claim Deed
related
—
Apr 16, 2002
$450,000
Jagjit Singh
Merrick,thomas F & Barbara A
Grant Deed
$270,000 · Metwest Mortgage Source
Jun 7, 1996
$68,000
Thomas F Merrick
Canton,jose G & Cecilia M
Grant Deed
related
—
—
—
Jagjit Singh
—
Deed Of Trust
related
$58,000 · Stathes Trust
—
—
Jagjit Singh
—
Deed Of Trust
related
$475,000 · Centennial Bank
—
—
Jagit Singh
—
Deed Of Trust
related
$400,000 · Gail Ryan
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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