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Property profile & analytics
OFF-MARKET
Estimated value
$850,000
Retail space
1835 Perris Blvd Perris, CA 92571-2724
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2410411
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1997
Construction
WOOD
Total area
2,177 SF
Lot
0.56 ac (24,393 SF)
Zoning code
C2
APN
320-223-019
UPID
US09-2410411
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
-
Miller Jones Mortuary-Perris Social Service Agency
-
Miller Jones Mortuary and Crematory Social Service Agency
-
Hamilton Jones mortuary Mortuary
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$880k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$850k
Owner & transaction history
Sci California Funeral Services INC · 4 yrs held
Sci California Funeral Services INC
since 2021
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C2 · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
$820,000
ML approach
$880,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$850k
Range $765k – $935k · ±10% · vs last sale $850k (Dec 28 2021)
Last sale anchor
$850k
Dec 28 2021
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
$390 / 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
$10,183
Tax year 2024
Assessed value
$884,340
Assessed 2024
Previous assessed
$884,340
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$208,080
Assessed improvement
$676,260
Applied tax rate
8.0000
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
1997
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Units
1
Bathrooms
2
Total area
2,177 SF
Lot
0.56 ac (24,393 SF)
Zoning code
C2
APN
320-223-019
UPID
US09-2410411
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Perris, CA
Zoning C2 · permitted uses
C2 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1997
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Units
1
Bathrooms
2
Lot
0.56 ac
Current owner
From public records · entity-resolved
Sci California Funeral Services INC
Entity
Mailing address
1929 ALLEN PKWY, HOUSTON, TX 77019-2506
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 28, 2021
$850,000
Sci California Funeral Services INC
Nhj Enterprises LLC
Warranty Deed
—
Sep 15, 2020
—
Nhj Enterprises LLC
—
Deed
related
$720,000 · First Citizens Bank & Trust Co
Aug 13, 2020
—
Nhj Enterprises LLC
James Nicholas Jones
Quit Claim Deed
related
$2,027,000 · First Citizens Bank & Trust Co
Apr 30, 2008
—
James N Jones
Jones,nicholas
Quit Claim Deed
related
—
Feb 15, 1996
$160,000
Jones,nicholas
Transamerica Financial Svc
Trustees Deed
—
Feb 15, 1996
—
Nicholas Jones
Jones,charlotte
Quit Claim Deed
related
—
Jul 17, 1995
$230,000
Transamerica Financial Svc
Levesque,normand A & June L
Trustees Deed
related
—
Feb 3, 1995
—
Normand A Etux Levesque
Frevert Prop,
Grant Deed
related
—
May 16, 1994
$91,500
Properties Frevert
Levesque,normand
Grant Deed
—
Jul 1, 1989
$201,000
Normand Levesque
Cleve Eddie M
Grant Deed
related
$150,750 · Cleve Eddie M
—
—
Nicholas Jones
—
Deed Of Trust
related
$420,000 · Bank Of Hemet
—
—
Nicholas Jones
—
Deed Of Trust
related
$750,000 · Bank Of Hemet
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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