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Property profile & analytics
FOR SALE
Gas stations
1500 Patricia Ln Perris, CA 92570
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2061292
For Sale
$3,310,000
1500 Patricia Ln, Perris, CA 92570
View Listing →
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
1997
Construction
WOOD
Total area
1,872 SF
Lot
2.74 ac (119,354 SF)
Zoning code
CC
APN
331-070-006
UPID
US09-2061292
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
-
76 Gas Station
-
United Oil Gas Station
-
Apro Gas Station Atm
-
CoinFlip Bitcoin ATM Atm Commercial Agent
-
Perris Travel Plaza Parking Lot & Garage Gas Station
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.02M
Blend (final)
Blend
$3.31M
Owner & transaction history
Realty Income Properties 4 LLC · 3 yrs held
Realty Income Properties 4 LLC
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
CC · 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
$3,505,000
ML approach
$3,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$2,220,000
Current use
Blend value · Realmo final
$3.31M
Range $2.98M – $3.64M · ±10% · vs last sale $3.22M (Mar 30 2023)
Last sale anchor
$3.22M
Mar 30 2023
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
$1,768 / 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
$35,651
Tax year 2024
Assessed value
$3,287,096
Assessed 2024
Previous assessed
$3,287,096
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$1,530,000
Assessed improvement
$1,757,096
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
For Sale
Year built
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
1,872 SF
Lot
2.74 ac (119,354 SF)
Zoning code
CC
APN
331-070-006
UPID
US09-2061292
Jurisdiction
RIVERSIDE
Zoning & alternative use
CC · Perris, CA
Zoning CC · permitted uses
CC · 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
SERVICE STATION (FULL SERVICE) Current
Est. value
$2.2M
SERVICE STATION (FULL SERVICE) 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
1997
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
2.74 ac
Current owner
From public records · entity-resolved
Realty Income Properties 4 LLC
Entity
Free & Clear · 3 yrs held
Mailing address
11995 EL CAMINO REAL, SAN DIEGO, CA 92130-2539
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 30, 2023
$3,223,000
Realty Income Properties 4 LLC
Arcp Uo Portfolio II LP
Grant Deed
—
Mar 30, 2023
—
Realty Income Properties 4 LLC
Uo Portfolio II LP
Assignment Of Lease (leasehold Sale)
—
Oct 15, 2014
$2,756,000
Uo Portfolio Arcp II
Cf United Propco LLC
Grant Deed
—
Jul 14, 2014
—
Cf United Propco LLC
Apro LLC
Grant Deed
$245,000,000 · Wells Fargo Bank NA
Feb 19, 2002
$1,500,000
Apro LLC
Depesa,kenneth E & Patricia A
Grant Deed
—
Mar 18, 1997
—
Ca Gte
Depesa,ken E Etux
Grant Deed
related
—
May 30, 1996
—
Eastn Mun Wtr Dist
Depesa,ken E Etal
Grant Deed
related
—
May 20, 1996
—
Depesa,kenneth E Etux
Depesa,ken E Etal
Quit Claim Deed
related
$339,042 · Valley Bank
Mar 29, 1993
$165,000
Ken E Depesa
Palos Verdes Nat
Grant Deed
$350,000 · Individual
—
—
Kenneth E Depesa
—
Deed Of Trust
related
$250,000 · Mobil Oil Corp
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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