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Property profile & analytics
OFF-MARKET
Estimated value
$735,000
Grocery and convenience stores
1355 Alessandro Blvd Riverside, CA 92508-2329
Entity Owned
30-yr Hold
~
Est. High Equity
Property ID
US09-1415640
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1990
Construction
WOOD
Total area
5,760 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CPS
APN
297-041-001
UPID
US09-1415640
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
-
Gift Shop Riverside (Bike/Boat/Book/etc) Store
-
G B Engineering Engineering Consultant Engineer
-
RainCross Strength and Conditioning Gym & Fitness Center
-
Cosmokenzieee Hair Salon
-
CitiStaff Solutions, Inc. - Riverside Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$735k
Owner & transaction history
Adira Corp · 30 yrs held
Adira Corp
since 1995
3 recorded transactions
Zoning & alternative use
CPS · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$128 / 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
$4,211
Tax year 2024
Assessed value
$366,421
Assessed 2024
Previous assessed
$366,421
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$138,420
Assessed improvement
$228,001
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,760 SF
Lot
0.65 ac (28,314 SF)
Zoning code
CPS
APN
297-041-001
UPID
US09-1415640
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Riverside, CA
Zoning CPS · permitted uses
CPS · 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
1990
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Adira Corp
Entity
Mailing address
PO BOX 2887, LAGUNA HILLS, CA 92654-2887
Ownership since
1995
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 11, 1995
$600,000
Adira Corp
Federal Depository Ins Corp
Grant Deed
$450,000 · Federal Depository Ins Corp
Jan 1, 1992
—
Pioneer Bank
Unknown
Grant Deed
related
—
Jul 1, 1989
—
Allessandro Day
Acrey Edmund G
Grant Deed
$2,250,000 · Pioneer Bank
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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