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Property profile & analytics
OFF-MARKET
Estimated value
$530,000
Drive through restaurants
1261 Sanderson Ave Hemet, CA 92545
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4349733
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2020
Construction
WOOD
Total area
2,544 SF
Lot
0.86 ac (37,461 SF)
Zoning code
SP001
APN
460-250-015
UPID
US09-4349733
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
-
Starbucks Cafe & Coffee Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$529k
Blend (final)
Blend
$530k
Owner & transaction history
1261 S Sanderson LLC · 2 yrs held
1261 S Sanderson LLC
since 2024
7 recorded transactions
Zoning & alternative use
SP001 · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$530k
Range $477k – $583k · ±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
$208 / 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
$32,390
Tax year 2024
Assessed value
$2,861,100
Assessed 2024
Previous assessed
$2,861,100
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$639,846
Assessed improvement
$2,221,254
Applied tax rate
6.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2020
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,544 SF
Lot
0.86 ac (37,461 SF)
Zoning code
SP001
APN
460-250-015
UPID
US09-4349733
Jurisdiction
RIVERSIDE
Zoning & alternative use
SP001 · Hemet, CA
Zoning SP001 · permitted uses
SP001 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2020
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.86 ac
Current owner
From public records · entity-resolved
1261 S Sanderson LLC
Entity
Free & Clear · 2 yrs held
Mailing address
1000 QUAIL ST STE #225, NEWPORT BEACH, CA 92660-2783
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 29, 2024
—
1261 S Sanderson LLC
Frye Family Partnership
Grant Deed
—
May 26, 2022
$2,750,000
Frye Family Partnership
Rich Alvarado LLC
Grant Deed
—
Dec 14, 2021
—
Rich Varado LLC
—
Deed
related
$8,146,000 · Freedom Reit
May 31, 2019
—
Rich Alvarado LLC
—
Deed
related
$8,840,000 · Bank Of America
Jul 18, 2018
—
Rich Alvarado LLC
—
Deed
related
$8,840,000 · Bank Of America
Jun 29, 2017
—
Rich Alvarado LLC
—
Deed
related
$8,840,000 · Bank Of America
Sep 27, 2010
$3,502,500
Rich Alvarado LLC
Prc Partners LLC
Grant Deed
$16,065,000 · Bank Of America
Nov 21, 2007
—
Prc Partners LLC
Page Plaza Partners LLC
Grant Deed
related
—
—
—
Rich Alvarado LLC
—
Deed Of Trust
related
$8,840,000 · Bank Of America
—
—
Rich Alvarado LLC
—
Loan Modification
related
$8,840,000 · Bank Of America
—
—
Rich Alvarado LLC
—
Loan Modification
related
$8,840,000 · Bank Of America
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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