Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    951 Avenida Pico San Clemente, CA 92673-3908

    Property Lookup

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

    951 Avenida Pico San Clemente, CA 92673-3908

    View on Map
    • Showrooms
    • 10.69 lot acres
    Off-Market
    Property ID
    US09-2795118
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Western Union / Bank / Credit Union
    • Walmart Pharmacy / Pharmacy
    • Walmart Photo Center / (Bike/Boat/Book/etc) Store
    • Walmart Auto Care Centers / Auto Repair Shop
    • Minute Key / Locksmith / (Bike/Boat/Book/etc) Store

    Property Details for 951 Avenida Pico

    Lot size
    10.69 lot acres
    Property type
    Showrooms
    APN
    688-021-15
    APU
    68802115

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    San Clemente
    County
    Orange
    State
    California
    Longitude
    -117.606
    Latitude
    33.4553
    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
    $131,975
    $5,140,096
    $7,881,633
    $13,021,729
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      5.44 Acres

      638 Camino De Los Maresa

      SHOW ROOM, WAREHOUSE • 5.44 Acres
      638 Camino De Los Maresa, San Clemente, CA 92673-2848
      View Details
    • Value Estimation
      $6,150,000
      23,866 SF

      629 Camino De Los Mares

      SHOW ROOM, WAREHOUSE • 23,866 SF
      629 Camino De Los Mares, San Clemente, CA 92673-2834
      View Details
    • Value Estimation
      $8,140,000
      1.62 Acres

      180 Avenida La Pata

      SHOW ROOM, WAREHOUSE • 1.62 Acres
      180 Avenida La Pata, San Clemente, CA 92673-6300
      View Details
    • Value Estimation
      $600,000
      2.15 Acres

      943 Avenida Pico

      SHOW ROOM, WAREHOUSE • 2.15 Acres
      943 Avenida Pico, San Clemente, CA 92673-3913
      View Details
    • Value Estimation by Request
      45.27 Acres

      990 Avenida Talega

      SHOW ROOM, WAREHOUSE • 45.27 Acres
      990 Avenida Talega, San Clemente, CA 92673-6849
      View Details
    • Value Estimation
      $570,000
      1.54 Acres

      901 Avenida Pico

      SHOW ROOM, WAREHOUSE • 1.54 Acres
      901 Avenida Pico, San Clemente, CA 92673-3908
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      23,679 SF

      San Clemente Retail Center Opportunity

      Shadow-anchored retail center in affluent San Clemente, California.
      979 Avenida Pico, San Clemente, CA 92673
      View Details
    • Contact for pricing

      San Clemente Retail/Restaurant Space

      Premier retail/restaurant space in Target-anchored location with strong demographics.
      990 Avenida Vista Hermosa, San Clemente, CA 92673
      View Details
    • Contact for pricing
      8,380 SF

      Retail Space Near Talega Community

      Retail space for sale near residential community and sports park.
      990 Avenida Vista Hermosa, San Clemente, CA 92673
      View Details
    • $5,829,600

      Prime Corner Office Building

      High-end office building in South Orange County location.
      1201 Puerta Del Sol, San Clemente, CA 92673
      View Details
    • $8,036,759

      San Clemente Industrial Building For Sale

      Industrial building with warehouse, office space, and fenced yard.
      1001 Calle Negocio, San Clemente, CA 92673
      View Details
    • $5,300,000

      Industrial Property with Private Entry

      Industrial property featuring a private entry and dramatic views.
      1020 Calle Recodo, San Clemente, CA 92673
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Retail Center in Talega

      Neighborhood retail center serving the Talega and San Clemente area.
      1011 Avenida Pico, San Clemente, CA 92673
      View Details
    • $3 SF/Yr

      Mixed-Use Building in Prime Location

      Mixed-use building with ample parking in South Orange County.
      1001 Avenida Pico, San Clemente, CA 92673
      View Details
    • Contact for pricing

      Modern Office and Warehouse Units

      Industrial project with modern office and warehouse units for lease.
      927-931 Calle Negocio, San Clemente, CA 92673
      View Details
    • $1.95 SF/Yr

      Functional Office/Warehouse in Business Park

      Professionally managed office/warehouse spaces with good access and amenities.
      1010-1060 Calle Cordillera, San Clemente, CA 92673
      View Details
    • $2 SF/Yr

      San Clemente Creative Office Suites

      Creative office suites available for rent with convenient freeway access.
      635 Camino De Los Mares, San Clemente, CA 92673
      View Details
    • Contact for pricing

      San Clemente Office Sublease Opportunity

      Office space available for sublease in San Clemente, California.
      San Clemente, CA 92673
      View Details

    Property Visit Statistics

    • Visits by month
      155.3k
    • Visitors by month
      80.2k
    • Avg Time on site
      26 min
    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.
    951 Avenida Pico
    San Clemente, CA 92673-3908
    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!