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Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Retail space
20 Wilkerson Ave Perris, CA 92570-2249
Individually Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3047441
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1988
Construction
WOOD
Total area
4,268 SF
Lot
1.51 ac (65,775 SF)
Zoning code
M2
APN
310-061-017
UPID
US09-3047441
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
-
Finish Line Calibrations LLC Hardware & Home Improvement General Contractor
-
Becerra's Body Paint Auto Repair Shop
-
Vision Glass & Tint Auto Repair Shop (Bike/Boat/Book/etc) Store
-
Acosta Customs Electronics & Wireless Store Auto Parts Store
-
L & S Auto Works Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.30M
CAP Approach
CAP
$940k
Comparable Approach
Comparable
$1.39M
Blend (final)
Blend
$1.28M
Owner & transaction history
Tonja Sherell Herron · 2 yrs held
Tonja Sherell Herron
since 2023
Last sale
$1.2M
4 recorded transactions
Zoning & alternative use
M2 · 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
$1,265,000
ML approach
$1,300,000
CAP Approach
CAP Return
Estimation
6%
$1,020,000
6.5%
$940,000
7%
$875,000
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $1.20M (Sep 14 2023)
Last sale anchor
$1.20M
Sep 14 2023
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
$299 / 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
$24,136
Tax year 2024
Assessed value
$2,122,025
Assessed 2024
Previous assessed
$2,122,025
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$735,624
Assessed improvement
$1,386,401
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
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Total area
4,268 SF
Lot
1.51 ac (65,775 SF)
Zoning code
M2
APN
310-061-017
UPID
US09-3047441
Jurisdiction
RIVERSIDE
Zoning & alternative use
M2 · Perris, CAZoning M2 · permitted uses
M2 · Perris, 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
1988
Construction
WOOD
Heating
NONE
Stories
1
Units
2
Lot
1.51 ac
Current owner
From public records · entity-resolved
Tonja Sherell Herron
Individual
Free & Clear · 2 yrs held
Mailing address
3990 POWDERHORN DR, LAKE HAVASU CITY, AZ 86404-2321
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 14, 2023
—
Tonja Sherell Herron
Tonja Sherell Herron
Intrafamily Transfer
related
—
Oct 30, 2020
—
Stephen C Hensley
Stern Electa V Trust
Quit Claim Deed
related
—
May 17, 1991
$1,200,000
Stephen Hensley
Mechanics Natl
Grant Deed
—
Jan 30, 1991
$1,210,000
Natl B Mechanics
G & B Partners
Trustees Deed
related
—
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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