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Financial
Distress signals
Property profile

132 E Hobsonway Blythe, CA 92225

FOR SALE
Retail space
Property ID
US10-3113738
3,750 SF 0.17 ac lot Built 1918
Last sale Dec 2004 · $155,000
Individually Owned Owner of record is an individual. 21-yr Hold Held for 21 years. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

Located in Blythe, California, this adaptable commercial property totals approximately 3,750 square feet on a 0.17-acre lot and has been historically used as a professional office and a hair salon. The interior layout includes a large open front area suited for retail, reception, or workstation configurations, along with a break room, a private office, and multiple storage spaces. The property is equipped with existing water hookups, and prior washing stations appear to be accessible behind an…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$1k
Tax billed · 2024
Assessed value$109k
Assessed land$22k
Assessed improvement$87k
Effective rate1.13%

Value estimate

· Oct 2026
$205k
$185k – $226k
NOI build-up
Gross scheduled income$81k
Vacancy & credit loss−$4k
Operating expenses−$23k
NOI · 29.90% cap applied$54k

Realmo valuation models over county records and 20 qualifying comparable sales.

Recently sold

What actually traded nearby?
$49/SF
ZIP average, outlier-cleaned · 27 recorded sales of this use type
Observed band · Q1–Q3$35 – $77
Qualifying comparables20

Cap rate analysis

How does the asset earn?
29.90%
$54k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
CG
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Hair Salon
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Hair Salon10.2
Law Firm9.9
Skin Care Clinic9.7

Location

132 E Hobsonway Blythe, CA 92225
County assessor Recorded deeds · 5 transfers 20 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 9 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
150 Main, Blythe, CA 92225-2509 $95,000 Mar 2025 2,994 SF
508 Hobsonway, Blythe, CA 92225-1737 $250,000 Dec 2023 2,544 SF
127 Spg, Blythe, CA 92225 $170,000 Oct 2022 5,000 SF
214 Hobsonway, Blythe, CA 92225-1619 $125,000 Oct 2022 2,736 SF
15900 Broadway, Blythe, CA 92225-9374 $65,000 Oct 2022 3,000 SF
184 Spg, Blythe, CA 92225-1633 $180,000 Jan 2022 4,753 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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