Entity Owned Property summary
AI-generated overview
This exceptional 9,500-square-foot commercial property in Norco, Riverside County, presents a unique opportunity for a variety of businesses. The building, constructed in 1974, offers a versatile blend of industrial, retail, and office space, ideal for a single tenant or multiple occupants. The property boasts a substantial 1.48-acre lot (64,486 square feet), providing ample space for operations and storage. A significant feature is the 2,400-square-foot showroom/office area, perfect for client interaction and administrative functions. The industrial component includes three 14' x 14' oversized ground-level roll-up doors, facilitating easy loading and unloading. The property also benefits from a calculated fire suppression system and 200 amps of power, along with an air compressor system. Zoned M-1/CTO-1, this location offers high visibility and accessibility, situated directly on I-15 and Hamner Avenue, a corridor with 200,000 cars per day. Immediate access to the I-15 freeway on and off ramps ensures convenient transportation. Pylon signage opportunities are available, enhancing brand visibility. The property's APN is 125-210-015. The entire 9,500 square feet is currently vacant. This property is ready for immediate occupancy.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1974
Construction
WOOD
Total area
9,000 SF
Lot
1.48 ac (64,468 SF)
Zoning code
R106
APN
125-210-015
UPID
US09-2479665
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Campground & RV Park
-
Landscaping
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$4.59M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.94M
Blend (final)
Blend
$4.65M
Owner & transaction history
since 2025
Last sale
$3.9M
4 recorded transactions
Zoning & alternative use
R106 · Norco, CA
Top alternative use upside
Retail stores
$6.4M
+218.1%
Restaurant
$5.6M
+178.4%
Auto repair, garage
$3.9M
+93.6%
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
4 alternative uses screened
Sensitivity value band
Source audit · 6 inputs
PDF export
Analytics Standard · 5 reports
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Summary
1
Valuation conclusion
Included free
Estimated market value
$4.65M
Value range
$4.19M – $5.12M
±10% around blend
Estimated value / SF
$517 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
33
Comparable evidence
60
$4.19M
blend $4.65M
$5.12M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
9,000 SF
Lot area
1.48 ac
Year built
1974
Stories
1
APN
125-210-015
Zoning
R106
Assessed value
$4,250,000
Annual tax
$47,406
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.65M
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
1.8 mi away · 7,529 SF
4.0 mi away · 10,490 SF
6.5 mi away · 7,838 SF
8.2 mi away · 6,473 SF
8.7 mi away · 6,438 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$4.65M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
County 1211 sales
$223
+132%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $517/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Alternative use screening
Partial preview
Top alternative use
Retail Stores
Gross theoretical uplift
+218%
vs current-use indication
Restaurant
Auto Repair, Garage
Warehouse, Storage
Values shown before conversion costs, entitlement costs, capital expenditures and stabilization risk.
8
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
17% off on annual
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Analytics Standard · 5 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$3.90M
Move the market yield to see immediate price impact.
Value / SF
$433
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$246k
$4.91M
$3.51M
$2.73M
$273k
$5.46M
$3.90M
$3.03M
$300k
$6.01M
$4.29M
$3.34M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$3.95M
1.7 mi · Mar 2026 · $576/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$47,406
Tax year 2024
Assessed value
$4,250,000
Assessed 2024
Previous assessed
$4,250,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,610,000
Assessed improvement
$2,640,000
Applied tax rate
15.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Total area
9,000 SF
Lot
1.48 ac (64,468 SF)
Zoning code
R106
APN
125-210-015
UPID
US09-2479665
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Norco, CAZoning R106 · permitted uses
R106 · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Alternative use value scenarios
Repositioning upside vs current use
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Building & site characteristics
From public records
Year built
1974
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.48 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R106
Jurisdiction
Norco, CA
Recorded code
R106
Ownership Intelligence
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Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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