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Property profile & analytics
OFF-MARKET
Estimated value
$1,290,000
Manufacturing properties
1323 Jet Way Perris, CA 92571-7466
Entity Owned
19-yr Hold
~
Est. High Equity
Property ID
US10-1762766
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1998
Construction
TILT-UP CONCRETE
Total area
8,000 SF
Lot
0.68 ac (29,620 SF)
Zoning code
R1
APN
294-190-061
UPID
US10-1762766
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
-
Basic Occupational Training Center Adult Day Care
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.01M
Comparable Approach
Comparable
$1.37M
Blend (final)
Blend
$1.29M
Owner & transaction history
Abell Properties LLC · 19 yrs held
Abell Properties LLC
since 2007
7 recorded transactions
Zoning & alternative use
R1 · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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%
$1,095,000
6.5%
$1,010,000
7%
$940,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$1,565,000
Current use
Blend value · Realmo final
$1.29M
Range $1.16M – $1.42M · ±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
$161 / 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
$17,841
Tax year 2024
Assessed value
$1,576,203
Assessed 2024
Previous assessed
$1,576,203
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$214,092
Assessed improvement
$1,362,111
Applied tax rate
8.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
8,000 SF
Lot
0.68 ac (29,620 SF)
Zoning code
R1
APN
294-190-061
UPID
US10-1762766
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Perris, CA
Zoning R1 · permitted uses
R1 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$1.6M
INDUSTRIAL (GENERAL) Current
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1998
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.68 ac
Current owner
From public records · entity-resolved
Abell Properties LLC
Entity
Mailing address
1323 JET WAY, PERRIS, CA 92571-7466
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2007
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
Mar 16, 2017
—
Abell Properties LLC
—
Deed
related
$840,000 · City National Bank
Jun 7, 2007
—
Abell Properties LLC
Abell Properties LLC
Quit Claim Deed
related
$501,000 · Cdc Small Business Finance Co
May 2, 2007
$1,200,000
Abell Properties LLC
Welter Family Trust
Grant Deed
$600,000 · Inland Empire National Bank
Jan 21, 2000
$345,000
Welter Trust
Garancsi Trust
Grant Deed
—
Dec 2, 1998
$375,640
M K Mudge
Sigman,gary S & Nadine
Trustees Deed
—
Jan 31, 1996
$85,500
Gary S Sigman
Johnson Trust
Grant Deed
—
—
—
Professional Racers Emporium
—
Deed Of Trust
related
$330,000 · M K Garancsi A/c #607-785-58
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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