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Property profile & analytics
OFF-MARKET
Estimated value
$13,280,000
Showrooms
8911 Gdn Grv Blvd Garden Grove, CA 92844-1213
Entity Owned
17-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3279719
Property profile
Verified
Property type
Showrooms
Use group
SHOW ROOM, WAREHOUSE
Year built
1974
Total area
65,084 SF
Lot
5.61 ac (244,543 SF)
APN
133-443-05
UPID
US10-3279719
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
-
Sapporo Sushi Restaurant
-
Myung In Dumplings Restaurant
-
Rodeo Cosmetics Cosmetic Store
-
H mark Restaurant
-
H Mart Garden Grove (Bike/Boat/Book/etc) Store Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$13.82M
Comparable Approach
Comparable
$10.38M
Blend (final)
Blend
$13.28M
Owner & transaction history
Global Ptshp LLC · 17 yrs held
Global Ptshp LLC
since 2009
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$14,970,000
6.5%
$13,820,000
7%
$12,830,000
Blend value · Realmo final
$13.28M
Range $11.95M – $14.61M · ±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
$204 / 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
$269,013
Tax year 2024
Assessed value
$19,805,989
Assessed 2024
Previous assessed
$19,805,989
+0.0% YoY
Effective rate
1.36%
On assessed value
Assessed land
$16,015,492
Assessed improvement
$3,790,497
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
1974
Heating
NONE
Total area
65,084 SF
Lot
5.61 ac (244,543 SF)
APN
133-443-05
UPID
US10-3279719
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
1974
Heating
NONE
Lot
5.61 ac
Current owner
From public records · entity-resolved
Global Ptshp LLC
Entity
Mailing address
5300 BCH BLVD STE #110, BUENA PARK, CA 90621-1292
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2009
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 27, 2016
—
Global Partnership LLC
—
Deed
related
$11,500,000 · Wells Fargo Bank NA
Jan 15, 2015
—
Global Ptshp LLC
—
Loan Modification
related
$12,360,000 · Farmers & Merchants Bk/lng Bch
Jul 1, 2009
—
Global Ptshp LLC
Lee,frank S & Eunice P
Grant Deed
—
Sep 14, 2007
$18,000,000
Frank S Lee
Gg Rhee Property LLC
Grant Deed
$12,360,000 · Farmers & Merchants Nat'l Bk
Jul 5, 1990
$5,809,500
Richard Rhee
Phoenix Garden G
Grant Deed
related
$2,280,000 · California Korea Bank
—
—
Gg Rhee Property LLC
—
Deed Of Trust
related
$5,238,700 · Centerbank
—
—
Hyun Oh
—
Deed Of Trust
related
$3,000,000 · Pacific Union Bank
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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