Back to Search
Property profile & analytics
OFF-MARKET
Grocery and convenience stores
17941 Grand Ave Lake Elsinore, CA 92530-6022
Individually Owned
Free & Clear
Property ID
US09-0618074
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1946
Construction
WOOD
Total area
3,434 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C1/CP
APN
381-221-028
UPID
US09-0618074
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
-
Los Pancho Market & Restaurant Restaurant
-
ATM Atm
-
Bitcoin Depot | Bitcoin ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Maha Azzam
Maha Azzam
since 2025
7 recorded transactions
Zoning & alternative use
C1/CP · Lake Elsinore, 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 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,086
Tax year 2024
Assessed value
$199,634
Assessed 2024
Previous assessed
$199,634
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$36,764
Assessed improvement
$162,870
Applied tax rate
65.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1946
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,434 SF
Lot
0.08 ac (3,484 SF)
Zoning code
C1/CP
APN
381-221-028
UPID
US09-0618074
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1/CP · Lake Elsinore, CAZoning C1/CP · permitted uses
C1/CP · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1946
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.08 ac
Current owner
From public records · entity-resolved
Maha Azzam
Individual
Free & Clear · 0 yrs held
Mailing address
17941 GRAND AVE, LAKE ELSINORE, CA 92530-6022
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2025
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
Sep 4, 2025
—
Maha Azzam
Maha Azzam
Deed
related
—
Oct 25, 2011
—
Khalid Azzam
Azzam,khalid & Sibylle E
Quit Claim Deed
related
—
Jun 27, 2007
$200,000
Khalid Azzam
Azzam,faraj
Grant Deed
—
Oct 18, 2005
—
Heshma Omar I Family Trust
Heshma,omar
Quit Claim Deed
related
—
Mar 7, 2003
$200,000
Omar Heshma
Fancy Vision International INC
Grant Deed
—
Mar 7, 2003
$159,000
Faraj Azzam
Azzam,khlood-alesh
Grant Deed
related
—
Jun 21, 2002
$125,000
Fancy Visions International
Southwestern Enterprises INC
Grant Deed
$100,000 · Southwestern Enterprises INC
Jan 31, 1997
—
Ents Swestn
Mcnallen,robert H Etal
Grant Deed
related
—
Jan 23, 1995
$65,000
Southwestern Enterprises INC
Guglielmana,lawrence & Judith
Grant Deed
—
—
—
Robert H Mcnallen
—
Deed Of Trust
related
$140,000 · Southwestern Enterprises INC
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 17941 Grand Ave?
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.
