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Property profile & analytics
OFF-MARKET
Estimated value
$1,160,000
Retail space
1665 3rd St Norco, CA 92860-2669
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2390237
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1991
Construction
WOOD
Total area
5,322 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R106
APN
127-230-023
UPID
US10-2390237
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
-
Nezhad Law Firm, PLC Law Firm
-
Michael J. Stefano, DC Alternative Medicine Practice
-
Andes windows & doors Hardware & Home Improvement Interior Design
-
Bill's Tax Services Tax Preparation
-
Definitions Too Massage Therapy Alternative Medicine Practice Spa & Massage Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.18M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.16M
Owner & transaction history
Norco Investments LLC · 1 yrs held
Norco Investments LLC
since 2024
7 recorded transactions
Zoning & alternative use
R106 · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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%
$1,270,000
6.5%
$1,175,000
7%
$1,090,000
Blend value · Realmo final
$1.16M
Range $1.04M – $1.28M · ±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
$218 / 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
$13,429
Tax year 2024
Assessed value
$1,197,546
Assessed 2024
Previous assessed
$1,197,546
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$338,497
Assessed improvement
$859,049
Applied tax rate
15.0000
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
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
5,322 SF
Lot
0.81 ac (35,283 SF)
Zoning code
R106
APN
127-230-023
UPID
US10-2390237
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Norco, CA
Zoning R106 · permitted uses
R106 · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
0.81 ac
Current owner
From public records · entity-resolved
Norco Investments LLC
Entity
Mailing address
3818 E CORONADO ST, ANAHEIM, CA 92807-1620
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 6, 2024
—
Norco Investments LLC
Brent W Ducoing
Grant Deed
—
Jan 22, 2021
—
Ducoing Brent & Ami Living Tru Trust
Brent Ducoing
Quit Claim Deed
related
—
Dec 23, 2016
—
Ducoing Living Trust
—
Deed
related
$800,000 · Private Individual
Feb 28, 2002
—
Ducoing,brent W Etal
Ducoing,brent W Etal
Quit Claim Deed
related
—
Apr 10, 1997
$447,000
Brent Ducoing
Fairfield,robert J & Anita H
Trustees Deed
—
May 26, 1995
—
Krikes,ernest P Etux
Grande,louis N P Etux
Quit Claim Deed
related
—
Dec 30, 1992
$3,000
William H Shadle
Grande,louis N P
Quit Claim Deed
related
—
—
—
Brent Ducoing
—
Deed Of Trust
related
$325,000 · Vist Paint Corp Pst
—
—
Ducoing Trust
—
Deed Of Trust
related
$375,000 · Stancorp Mortgage Investors
—
—
Ducoing Brent & A Living Trust
—
Deed Of Trust
related
$770,000 · Standard Insurance Co
—
—
Ducoing Living Trust
—
Deed Of Trust
related
$800,000 · Private Individual
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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