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Property profile & analytics
OFF-MARKET
Estimated value
$605,000
Retail space
202 4th St Perris, CA 92570-2011
Trust Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2462982
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1980
Construction
WOOD
Total area
3,990 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CP
APN
313-121-027
UPID
US09-2462982
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
-
Pizza Chalet Restaurant
-
The Chicken King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$633k
Blend (final)
Blend
$605k
Owner & transaction history
Chu,s & K 2006 Family Trust · 8 yrs held
Chu,s & K 2006 Family Trust
since 2018
7 recorded transactions
Zoning & alternative use
CP · 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$605k
Range $545k – $666k · ±10%
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
$152 / 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
$7,622
Tax year 2024
Assessed value
$669,309
Assessed 2024
Previous assessed
$669,309
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$206,370
Assessed improvement
$462,939
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
1980
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,990 SF
Lot
0.42 ac (18,295 SF)
Zoning code
CP
APN
313-121-027
UPID
US09-2462982
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Perris, CAZoning CP · permitted uses
CP · 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
1980
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.42 ac
Current owner
From public records · entity-resolved
Chu,s & K 2006 Family Trust
Trust
Mailing address
5347 ENCINITA AVE, TEMPLE CITY, CA 91780-3115
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 1, 2018
$40,000
Chu,s & K 2006 Family Trust
Greene,winston L JR & Jeri A
Grant Deed
$30,000 · Winston L JR & Jeri A Greene
Aug 16, 2017
$600,000
Paul Quach
Simon Chu
Grant Deed
$390,000 · Cathay Bank
Jan 29, 2014
—
Chu,s & K Family 2006 Trust
Chu,shin D & Lu I
Quit Claim Deed
related
$371,500 · Arrowhead Ctrl Cu
Feb 5, 2007
—
Chu S & K Family 2006 Trust
Chu,shin D & Lu I
Quit Claim Deed
—
Nov 16, 1998
—
Shindiann Chu
Chu,chuenguan Etux
Quit Claim Deed
related
—
Oct 17, 1996
—
Shin D Etux Chu
Chu,jui F Etux
Quit Claim Deed
related
—
Apr 21, 1993
—
Shin-diann Chu
Chu,lui-i & Shin
Quit Claim Deed
related
$143,000 · Valley Bank
May 2, 1991
$84,000
Gertrud Menchaca
Mid Exchange INC
Grant Deed
$71,400 · Associated Mortgage Lending
Jan 1, 1991
—
Khalsa,leon G
—
Grant Deed
related
$22,000 · Individual
Feb 1, 1988
$200,000
Shin D Chu
Thomp
Grant Deed
—
—
—
Shin D Chu
—
Deed Of Trust
related
$60,000 · Myrid Capital In
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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