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Property profile & analytics
OFF-MARKET
Estimated value
$3,305,000
Strip malls
205 Stetson Ave, Hemet, CA 92543-7181
Entity Owned
3-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-2852914
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1974
Construction
TILT-UP CONCRETE
Total area
22,400 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
451-080-008
UPID
US09-2852914
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
-
Western Union Bank Credit Union
-
Dollar General Market Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$3.46M
CAP Approach
CAP
$4.35M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.31M
Owner & transaction history
Li S LLC · 3 yrs held
Li S LLC
since 2023
Last sale
$3.2M
7 recorded transactions
Zoning & alternative use
C2 · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
$3,440,000
ML approach
$3,455,000
CAP Approach
CAP Return
Estimation
6%
$4,705,000
6.5%
$4,345,000
7%
$4,035,000
Blend value · Realmo final
$3.31M
Range $2.97M – $3.64M · ±10% · vs last sale $3.17M (May 2 2023)
Last sale anchor
$3.17M
May 2 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
$148 / 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
$36,727
Tax year 2024
Assessed value
$3,228,245
Assessed 2024
Previous assessed
$3,228,245
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,065,900
Assessed improvement
$2,162,345
Applied tax rate
6.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1974
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
22,400 SF
Lot
2 ac (87,120 SF)
Zoning code
C2
APN
451-080-008
UPID
US09-2852914
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Hemet, CA
Zoning C2 · permitted uses
C2 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1974
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2 ac
Current owner
From public records · entity-resolved
Li S LLC
Entity
Free & Clear · 3 yrs held
Mailing address
2269 CHESTNUT ST #477, SAN FRANCISCO, CA 94123-2600
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
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 2, 2023
$3,165,000
Li S LLC
Simoncre Sd II LLC
Grant Deed
—
May 12, 2021
$2,605,000
Simoncre Sd II LLC
Hemet Dg LLC
Grant Deed
$2,022,000 · Crossfirst Bank
Jun 18, 2020
—
Stoller,jonathan W Trust
—
Deed
related
$400,000 · Hemet Dg LLC
Apr 28, 2014
—
Hamsher,john H Trust
Hamsher,john H
Quit Claim Deed
—
Feb 28, 2014
$344,500
Jonathan W Stoller
Dynamic Real Estate Investments I L
Grant Deed
$400,000 · Wells Fargo Bank NA
Aug 22, 2012
—
Dynamic Real Estate Investment I Ll
Frank Scott Betz
Grant Deed
$1,725,000 · Partners Capital Solutions Fund LP
Mar 12, 2007
—
Betz R B & H L Family Trust
Betz,robert B
Quit Claim Deed
related
—
—
—
Stoller,jonathan W Trust
—
Loan Modification
related
$400,000 · Hemet Dg LLC
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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