Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Manufacturing properties
1729 Production Cir Riverside, CA 92509-1715
Individually Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-3286492
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1992
Construction
TILT-UP CONCRETE
Total area
2,343 SF
Lot
0.16 ac (6,969 SF)
Zoning code
M1
APN
175-270-036
UPID
US10-3286492
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$845k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.13M
Blend (final)
Blend
$845k
Owner & transaction history
Michael Murphy · 1 yrs held
Michael Murphy
since 2024
Last sale
$845,000
7 recorded transactions
Zoning & alternative use
M1 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.0M
+51.8%
Retail stores
$785,000
+14.5%
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
Method
Estimation
Statistic approach
$845,000
ML approach
$845,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$685,000
Current use
AUTO REPAIR, GARAGE
$1,040,000
Change: +52% · Conversion: Easy
RETAIL STORES
$785,000
Change: +15% · Conversion: Moderate
MEDICAL BUILDING
$685,000
Change: 0% · Conversion: Difficult
WAREHOUSE, STORAGE
$655,000
Change: -4% · Conversion: Easy
OFFICE BUILDING
$555,000
Change: -19% · Conversion: Difficult
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $845k (Oct 24 2024)
Last sale anchor
$845k
Oct 24 2024
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
$361 / 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
$8,148
Tax year 2024
Assessed value
$751,740
Assessed 2024
Previous assessed
$751,740
+0.0% YoY
Effective rate
1.08%
On assessed value
Assessed land
$249,900
Assessed improvement
$501,840
Applied tax rate
28.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,343 SF
Lot
0.16 ac (6,969 SF)
Zoning code
M1
APN
175-270-036
UPID
US10-3286492
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Riverside, CA
Zoning M1 · permitted uses
M1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$785,000
MEDICAL BUILDING
Est. value
$685,000
WAREHOUSE, STORAGE
Est. value
$655,000
OFFICE BUILDING
Est. value
$555,000
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
OFFICE BUILDING
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
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.16 ac
Current owner
From public records · entity-resolved
Michael Murphy
Individual
Free & Clear · 1 yrs held
Mailing address
2840 MADONNA DRG247, FULLERTON, CA 92835-1830
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 24, 2024
$845,000
Michael Murphy
Cotton Candy LLC
Grant Deed
—
Jun 23, 2023
$737,000
Cotton Candy LLC
Trong Ban Hoang
Grant Deed
—
Oct 1, 2020
$533,000
Trong B Hoang
Osdip LLC
Grant Deed
$200,000 · Hb Invs Trust (ct)
Jan 8, 2014
—
Osdip LLC
Bella Loma LLC
Grant Deed
$300,000 · Citizens Business Bank
Nov 9, 2010
—
Bella Loma LLC
Lindsey,chris J & Julie A
Grant Deed
—
Sep 2, 2009
—
Chris J Lindsey
Lindsey,chris J
Quit Claim Deed
related
$113,000 · Vip Trust Deed Co
Feb 2, 2007
—
Chris J Lindsey
Lindsey,julie A
Quit Claim Deed
related
—
Feb 2, 2007
$380,000
Chris J Lindsey
Bashaw Family Trust
Grant Deed
—
Apr 25, 1997
$128,000
Bashaw Trust
Thams Trust
Grant Deed
$346,500 · De Anza National 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.
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?”
You own 1729 Production Cir?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
