Add Listing
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

    887 Anaheim Blvd Anaheim, CA 92805-5204

    • Turn key restaurants
    • 5,007 SF
    • 0.84 lot acres
    OFF-MARKET
    Last Sale
    May 20, 2021
    $600,000
    Value Estimations
    $635,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2599513
    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

    • Anaheim White House / Restaurant
    • Anaheim Health Insurance / Insurance Agency
    • Tesla Destination Charger / Electric Vehicle Charging Station
    • Truxaw-Gervais House / Tour Operator

    Property Details for 887 Anaheim Blvd

    Year built
    1982
    Lot size
    0.84 lot acres
    Property size
    5,007 SF
    Property type
    Turn key restaurants
    APN
    037-072-47
    APU
    3707247

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $665,000
      ML approach
      $675,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $835,000
      Market price range: $369k - $1.11M

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

    Location Insight

    • Map
    • Local Demand
    City
    Anaheim
    County
    Orange
    State
    California
    Longitude
    -117.911
    Latitude
    33.8235
    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
    $38,693
    $1,887,045
    $808,734
    $2,695,779
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      1,064 SF

      922 Lincoln Ave

      RESTAURANT • 1,064 SF
      922 Lincoln Ave, Anaheim, CA 92805-2403
      View Details
    • Value Estimation
      $9,750,000
      7,704 SF

      710 Katella Ave

      RESTAURANT • 7,704 SF
      710 Katella Ave, Anaheim, CA 92805-6611
      View Details
    • Value Estimation by Request
      2,874 SF

      735 Anaheim Blvd

      RESTAURANT • 2,874 SF
      735 Anaheim Blvd, Anaheim, CA 92805-2652
      View Details
    • Value Estimation by Request
      1,440 SF

      119 Ball Rd

      RESTAURANT • 1,440 SF
      119 Ball Rd, Anaheim, CA 92805-6045
      View Details
    • Value Estimation by Request
      0.61 Acres

      1418 Lincoln Ave

      RESTAURANT • 0.61 Acres
      1418 Lincoln Ave, Anaheim, CA 92805-2213
      View Details
    • Value Estimation by Request
      3,598 SF

      520 Anaheim Blvd

      RESTAURANT • 3,598 SF
      520 Anaheim Blvd, Anaheim, CA 92805-2647
      View Details

    Similar Nearby for Sale

    • $1,250,000
      1,620 SF

      Anaheim Auto Shop Opportunity

      Commercial auto shop in prime Anaheim location for sale.
      712 S Anaheim Blvd, Anaheim, CA 92805
      View Details
    • Contact for pricing
      24,538 SF

      Anaheim Industrial Park Property

      Industrial park property with single or multi-tenant occupancy options.
      309 East Ball Rd, Anaheim, CA 92805
      View Details
    • Contact for pricing
      400 SF

      Profitable La Michoacana Store

      Profitable La Michoacana store with pride of ownership.
      1271 E Brian Ln, Anaheim, CA 92805
      View Details
    • $850,000
      1,200 SF

      Anaheim Commercial Building For Sale

      Commercial building operating as a tire store for over 37 years.
      1129 S Lemon St, Anaheim, CA 92805
      View Details
    • $850,000
      1,200 SF

      Established Tire Store Near Freeway

      Commercial building operating as a tire store for 37 years.
      1129 S Lemon St, Anaheim, CA 92805
      View Details
    • $270,000

      Fully Stocked Liquor Store Opportunity

      Liquor store for sale on a main avenue corner.
      1931 E Lincoln Ave, Anaheim, CA 92805
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Commercial Kitchen Spaces for Rent

      Private commercial kitchens ranging from 200 to 2,000 square feet.
      1560 S Lewis St, Anaheim, CA 92805
      View Details
    • $1.85 SF/Yr

      Anaheim Retail Space For Rent

      6,238 SF strip center available for lease.
      870 W Lincoln Ave, Anaheim, CA 92805
      View Details
    • $2 SF/Yr

      Retail Space in Harbor Lofts

      Retail space in a 129-unit luxury loft & condominium complex.
      110 S Harbor Blvd, Anaheim, CA 92805
      View Details
    • Contact for pricing
      14,195 SF

      Anaheim Warehouse with Showroom/Office Space

      Sublease opportunity with showroom, office, and warehouse space.
      240 E Palais Rd, Anaheim, CA 92805
      View Details
    • Contact for pricing
      3,680 SF

      Anaheim Stadium Area Commercial Property

      Commercial property near Anaheim Stadium with fenced yard and freeway access.
      621-631 S East St, Anaheim, CA 92805
      View Details
    • $1.25 SF/Yr
      2,000 SF

      Anaheim Office Space For Rent

      990 square feet of office space available for rent.
      451 W Lincoln Ave, Anaheim, CA 92805
      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.
    887 Anaheim Blvd
    Anaheim, CA 92805-5204
    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.
    Sign Up Successful!
    You now have access to more from Realmo!