Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$5,415,000
Warehouses
1050 Palmyrita Ave Riverside, CA 92507-1700
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3284806
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1776
Construction
TILT-UP CONCRETE
Total area
92,744 SF
Lot
4.87 ac (212,137 SF)
Zoning code
MP
APN
249-060-004
UPID
US10-3284806
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
-
McLane Distribution Center Logistics Company
-
Royal interpak Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$5.89M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$5.16M
Blend (final)
Blend
$5.42M
Owner & transaction history
G&v Assets Group Three LP · 2 yrs held
G&v Assets Group Three LP
since 2023
Last sale
$5.2M
7 recorded transactions
Zoning & alternative use
MP · Riverside, CA
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$5,635,000
ML approach
$5,885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.42M
Range $4.87M – $5.96M · ±10% · vs last sale $5.20M (Aug 15 2023)
Last sale anchor
$5.20M
Aug 15 2023
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
$58 / 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
$61,692
Tax year 2024
Assessed value
$5,541,416
Assessed 2024
Previous assessed
$5,541,416
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$1,306,170
Assessed improvement
$4,235,246
Applied tax rate
9.0000
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
92,744 SF
Lot
4.87 ac (212,137 SF)
Zoning code
MP
APN
249-060-004
UPID
US10-3284806
Jurisdiction
RIVERSIDE
Zoning & alternative use
MP · Riverside, CA
Zoning MP · permitted uses
MP · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
4.87 ac
Current owner
From public records · entity-resolved
G&v Assets Group Three LP
Entity
Mailing address
1478 E FRANCIS ST STE B, ONTARIO, CA 91761-5752
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
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
Apr 15, 2026
—
G & V Assets Group Three LP
—
Deed
related
$12,000,000 · Bank Of California NA
Jul 18, 2025
—
G&v Assets Group Three LP
—
Deed
related
$7,500,000 · Banc Of California
Oct 4, 2023
—
G&v Assets Group Three LP
—
Deed
related
$1,514,873 · Pacific Western National Bank
Aug 15, 2023
—
G&v Assets Group Three LP
G&v Assets Group Five LP
Intrafamily Transfer
related
—
Mar 17, 2008
—
G & V Assets Group Five
G & V Commercial Investments LLC
Quit Claim Deed
related
—
Jun 7, 2007
—
G & V Commercial Investments LLC
G & V Properties
Quit Claim Deed
—
Apr 16, 2004
$5,200,000
G Properties
Roundtree,tr
Grant Deed
$3,540,000 · Vineyard Bank
Apr 12, 2004
—
Rountree,tr
Palmyrita Partners
Quit Claim Deed
related
—
—
—
Palmyrita Partne
—
Deed Of Trust
related
$2,200,000 · Southern California Fed'l S&l
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1050 Palmyrita Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
