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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8550 Garden Grove Blvd, Unit 103 Garden Grove, CA 92844

    • Investment properties
    • 10,224 SF
    • 0.55 lot acres
    For Lease
    View listing
    $1,900 /Mo
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3037010
    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

    • Total Rehab & Health Center 2 Garden Grove / Medical Clinic
    • Cuts DJ Academy / Vocational School / Training Center
    • Ideal Optometry / Physician
    • Eye Q Optometry Inc - Optometrist in Westminster, CA / Physician
    • Nobile/Praise / Church

    Property Details for 8550 Garden Grove Blvd

    Year built
    1962
    Lot size
    0.55 lot acres
    Property size
    10,224 SF
    Property type
    Investment properties
    Property subtype
    Retail residential properties
    APN
    097-213-37
    APU
    9721337

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $2,350,000
      6.5%
      $2,170,000
      7%
      $2,015,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,409,000
      Market price range: $401k - $3.71M

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

    Location Insight

    • Map
    • Local Demand
    City
    Garden Grove
    County
    Orange
    State
    California
    Longitude
    -117.983
    Latitude
    33.7735
    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
    $35,300
    $1,673,278
    $1,015,121
    $2,688,399
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $7,065,000
      53,963 SF

      9656 Gdn Grv Blvd

      STORE/OFFICE (MIXED USE) • 53,963 SF
      9656 Gdn Grv Blvd, Garden Grove, CA 92844-1516
      View Details
    • Value Estimation
      $1,420,000
      7,440 SF

      9681 Gdn Grv Blvd

      STORE/OFFICE (MIXED USE) • 7,440 SF
      9681 Gdn Grv Blvd, Garden Grove, CA 92844-1541
      View Details
    • Value Estimation
      $1,375,000
      9,742 SF

      8862 Gdn Grv Blvd

      STORE/OFFICE (MIXED USE) • 9,742 SF
      8862 Gdn Grv Blvd, Garden Grove, CA 92844-1262
      View Details
    • Value Estimation by Request
      127,926 SF

      10080 Garden Grove Blvd

      Restaurants • 127,926 SF
      10080 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • Value Estimation
      $820,000
      3,990 SF

      8052 Larson Ave

      APARTMENT HOUSE (UNDER 5 UNITS) • 3,990 SF
      8052 Larson Ave, Garden Grove, CA 92844-1033
      View Details
    • Value Estimation
      $1,215,000
      4,386 SF

      13101 Monroe St

      APARTMENT HOUSE (UNDER 5 UNITS) • 4,386 SF
      13101 Monroe St, Garden Grove, CA 92844-1147
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      2,082 SF

      Westminster Medical Office Space for Lease

      Prime location, 2,082 sq ft, ample parking.
      14501, Westminster, CA 92844
      View Details
    • $150,000

      Retail Business Opportunity in Plaza

      Retail business for sale in a Korean shopping center.
      9580 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • $100,000

      Restaurant with Extensive Kitchen Equipment

      Restaurant with walk-in freezer, cooler, and parking lot.
      8547 Westminster Ave, Garden Grove, CA 92844
      View Details
    • $5,100,000

      Commercial Land on Garden Grove

      Commercial land available on Garden Grove Blvd, Garden Grove, CA
      8132 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • $40,000

      Garden Grove Hair Salon

      Turnkey hair salon with 6 stations and 2 shampoos.
      Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • $45,000

      Established Head Spa Business

      Emerging head spa business with high potential for sale.
      8512 Garden Grove Blvd, Garden Grove, CA 92844
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      51,172 SF

      Freestanding Retail Building Available

      Retail spaces available in a freestanding building.
      9618 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • Contact for pricing
      11,250 SF

      Retail Space in Garden Grove Plaza

      Retail space available in a busy Garden Grove shopping center.
      9757 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • $1.70 SF/Yr
      1,053 SF

      Garden Grove Office Space Available

      Second floor office space available for rent in Garden Grove.
      9140 Trask Ave, Garden Grove, CA 92844
      View Details
    • $1.69 SF/Yr
      800 SF

      Garden Grove Office Space Available

      Office space for rent in Garden Grove, CA.
      9681 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • $2,187 /Mo

      Garden Grove Retail/Office Space

      Retail or office space in a high-traffic commercial plaza.
      8762 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
    • Contact for pricing
      1,176 SF

      Garden Grove Commercial Space Available

      Commercial spaces available for lease in Garden Grove, California.
      9252 Garden Grove Blvd, Garden Grove, CA 92844
      View Details
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    8550 Garden Grove Blvd, Unit 103
    Garden Grove, CA 92844
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    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
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