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Property profile & analytics
OFF-MARKET
Estimated value
$910,000
Retail space
135 Commercial St Blythe, CA 92225-1506
Individually Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3243570
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1967
Construction
WOOD
Total area
21,368 SF
Lot
0.95 ac (41,382 SF)
Zoning code
IS
APN
845-112-025
UPID
US10-3243570
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
-
Griffindustries Co. Grocery & Convenience Store
-
Halby's Clothing & Fashion Store
-
Almquist Power Sports Car Dealership Motorcycle Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.11M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$753k
Blend (final)
Blend
$910k
Owner & transaction history
Joseph M Halby III · 5 yrs held
Joseph M Halby III
since 2020
Last sale
$750,000
5 recorded transactions
Zoning & alternative use
IS · Blythe, 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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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
$940,000
ML approach
$1,105,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$1,050,000
Current use
Blend value · Realmo final
$910k
Range $819k – $1.00M · ±10% · vs last sale $750k (Dec 4 2020)
Last sale anchor
$750k
Dec 4 2020
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
$43 / 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
$7,593
Tax year 2024
Assessed value
$673,865
Assessed 2024
Previous assessed
$673,865
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$132,652
Assessed improvement
$541,213
Applied tax rate
3.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1967
Construction
WOOD
Heating
NONE
Stories
2
Total area
21,368 SF
Lot
0.95 ac (41,382 SF)
Zoning code
IS
APN
845-112-025
UPID
US10-3243570
Jurisdiction
RIVERSIDE
Zoning & alternative use
IS · Blythe, CA
Zoning IS · permitted uses
IS · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blythe. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.1M
RETAIL STORES 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
1967
Construction
WOOD
Heating
NONE
Stories
2
Lot
0.95 ac
Current owner
From public records · entity-resolved
Joseph M Halby III
Individual
Free & Clear · 5 yrs held
Mailing address
4500 CHARRO CT, WICKENBURG, AZ 85390-0006
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2020
$750,000
Joseph M Halby III
Almquist Family Trust
Grant Deed
—
Dec 24, 2012
$700,000
Almquist Family Trust
Nwk2 INC
Grant Deed
$700,000 · Palo Verde Valley Cmnty Improv
Aug 2, 2011
$744,000
Nwk2 INC
Wt Capital Lender Services
Trustees Deed
related
—
Jun 22, 2007
—
Waymen M Dekens
Dekens,waymen M
Quit Claim Deed
related
$1,186,000 · Rabobank
—
—
Waymen M Dekens
—
Deed Of Trust
related
$195,000 · First Interstate Bank Arizona
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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