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Property profile & analytics
OFF-MARKET
Estimated value
$2,135,000
Warehouses
16401 Lakeshore Dr Lake Elsinore, CA 92530-5019
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2730185
Property profile
Verified
Property type
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Year built
1982
Construction
WOOD
Total area
8,000 SF
Lot
2 ac (87,120 SF)
Zoning code
CP
APN
379-250-044
UPID
US09-2730185
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
-
Machado Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.14M
Owner & transaction history
Pebley,gary W Trust · 7 yrs held
Pebley,gary W Trust
since 2018
7 recorded transactions
Zoning & alternative use
CP · Lake Elsinore, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$3.5M
+46.1%
Retail stores
$2.4M
+0.8%
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 Lake Elsinore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Elsinore 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,365,000
Current use
AUTO REPAIR, GARAGE
$3,455,000
Change: +46% · Conversion: Easy
RETAIL STORES
$2,380,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$2.14M
Range $1.92M – $2.35M · ±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
$267 / 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
$27,564
Tax year 2024
Assessed value
$2,588,812
Assessed 2024
Previous assessed
$2,588,812
+0.0% YoY
Effective rate
1.06%
On assessed value
Assessed land
$479,578
Assessed improvement
$2,109,234
Applied tax rate
5.0000
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
Warehouses
Use group
MINI-WAREHOUSE, STORAGE
Status
Off-Market
Year built
1982
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
6
Stories
1
Units
7
Total area
8,000 SF
Lot
2 ac (87,120 SF)
Zoning code
CP
APN
379-250-044
UPID
US09-2730185
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Lake Elsinore, CA
Zoning CP · permitted uses
CP · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Elsinore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.4M
AUTO REPAIR, GARAGE
Est. value
$3.5M
RETAIL STORES
Est. value
$2.4M
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
RETAIL STORES
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
1982
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
6
Units
7
Lot
2 ac
Current owner
From public records · entity-resolved
Pebley,gary W Trust
Trust
Mailing address
1005 EASTRIDGE DR, LOGAN, UT 84321-4996
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2018
—
Pebley,gary W Trust
Pebley G W Trust
Quit Claim Deed
related
—
Mar 5, 2015
—
Pebley,gary W Trust
Machado Storage LLC
Quit Claim Deed
related
—
Jun 15, 2012
—
Pebley G W Trust
Pebley Gary W Trust
Quit Claim Deed
related
$1,510,000 · Rabobank
Feb 16, 2012
—
Pebley Gary W Trust
Machado Storage LLC
Quit Claim Deed
related
—
Dec 27, 2011
—
Pebley Gary W Trust
Machado Storage LLC
Quit Claim Deed
related
—
Apr 12, 2011
—
Machado Storage LLC
Pebley G W Trust
Quit Claim Deed
related
—
Jan 6, 2005
—
Pebley G W Trust
Pebley Gary W & T L Trust
Quit Claim Deed
related
—
Apr 22, 2004
—
Machado Storage LLC
—
Trustees Deed
related
$650,000 · Temecula Valley Bank NA
Jan 15, 1997
$80,000
Gary W Pebley Trustee
Merrill,hella C
Grant Deed
$80,000 · Individual
Oct 1, 1989
$550,000
Pebley Gary W &
Accomodex INC
Trustees Deed
$400,000 · Merrill Hella C
Oct 1, 1989
—
Accomodex INC
Merrill Mining C
Trustees Deed
related
—
—
—
Pebley,gary W Trust
—
Deed Of Trust
related
$1,528,000 · Capitalsource
—
—
Pebley G W Trust
—
Deed Of Trust
related
—
—
—
Pebley,gary W Tr
—
Deed Of Trust
related
$690,000 · Temecula Valley Bank NA
—
—
Pebley Trust
—
Deed Of Trust
related
$156,000 · Home Investment & Loan
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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