Back to Search
Property profile & analytics
OFF-MARKET
Drive through restaurants
18492 Dexter Ave Lake Elsinore, CA 92532-1955
Entity Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3146068
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
2002
Construction
WOOD
Total area
4,721 SF
Lot
1.15 ac (50,093 SF)
Zoning code
C2
APN
377-030-071
UPID
US09-3146068
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
-
Jersey mikes subs Take-out & Catering
-
Chipotle Mexican Grill Restaurant
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
Paleros Brothers Holding LLC · 5 yrs held
Paleros Brothers Holding LLC
since 2020
7 recorded transactions
Zoning & alternative use
C2 · Lake Elsinore, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zoning description
ite criteria. § 17.120.050 Setbacks. § 17.120.060 Building height. § 17.120.070 Landscape improvements. § 17.120.080 Parking. § 17.120.090 Signs. § 17.120.100 Design review. § 17.120.110 Design standards. Chapter 17.124 C-2 GENERAL COMMERCIAL DISTRICT § 17.124.010 Purpose. § 17.124.020 Permitted uses. § 17.124.030 Uses subject to a conditional use permit. §…
Zone name
General Commercial
General category
COMMERCIAL
Zone area
495.53 ac
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
$25,932
Tax year 2024
Assessed value
$2,478,731
Assessed 2024
Previous assessed
$2,478,731
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$530,604
Assessed improvement
$1,948,127
Applied tax rate
5.0000
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
4,721 SF
Lot
1.15 ac (50,093 SF)
Zoning code
C2
APN
377-030-071
UPID
US09-3146068
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Lake Elsinore, CAZoning C2 · permitted uses
C2 · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Zoning description
ite criteria. § 17.120.050 Setbacks. § 17.120.060 Building height. § 17.120.070 Landscape improvements. § 17.120.080 Parking. § 17.120.090 Signs. § 17.120.100 Design review. § 17.120.110 Design standards. Chapter 17.124 C-2 GENERAL COMMERCIAL DISTRICT § 17.124.010 Purpose. § 17.124.020 Permitted uses. § 17.124.030 Uses subject to a conditional use permit. § 17.124.040 Lot area. § 17.124.050 Street frontage width. § 17.124.060 Setbacks. § 1
Zone name
General Commercial
General category
COMMERCIAL
Zone area
495.53 ac
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.15 ac
Current owner
From public records · entity-resolved
Paleros Brothers Holding LLC
Entity
Free & Clear · 5 yrs held
Mailing address
4885 GRN CRST DR, YORBA LINDA, CA 92887-1603
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Dec 10, 2020
—
Paleros Brothers Holding LLC
Dimitrios E Karpouzis
Grant Deed
—
Dec 31, 2012
—
Evangelos Karpouzis
Karpouzis Living Trust
Quit Claim Deed
related
—
Jun 23, 2005
—
Karpouzis Trust
Karpouzis,evangelos & Maria
Quit Claim Deed
related
—
Apr 3, 2001
$360,000
Evangelos Karpouzis
Mcdonalds Corp
Grant Deed
—
Aug 21, 1998
$250,000
Mcdonalds Corp
First Bank
Grant Deed
—
Aug 16, 1995
—
Dino H Etux Foutris
First Pac Nb NA,
Grant Deed
related
—
Jun 27, 1995
—
Pac Nb NA First
Tem Inv Etal,
Quit Claim Deed
related
—
Oct 28, 1993
—
Tem Inv Etal
Kubo,george M Et
Grant Deed
related
—
Aug 1, 1990
$831,000
Kubo George M Barbara S
Unknown
Grant Deed
—
Sep 1, 1988
$146,000
Temecula Inv Co
Hanson Robert W
Grant Deed
—
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 18492 Dexter 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.
