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Property profile & analytics
OFF-MARKET
Estimated value
$7,790,000
Grocery and convenience stores
210 Stetson Ave Hemet, CA 92543-7176
Individually Owned
35-yr Hold
Free & Clear
Property ID
US09-2462427
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1991
Construction
TILT-UP CONCRETE
Total area
35,232 SF
Lot
3.31 ac (144,183 SF)
Zoning code
R1
APN
446-300-026
UPID
US09-2462427
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
-
Stater Plaza Grocery & Convenience Store Food Market
-
Stater Bros. Markets Grocery & Convenience Store Food Market
-
MoneyGram Bank Credit Union
-
Coinstar Kiosk | Bitcoin ATM Currency Exchange Service Atm
-
Coinme at Coinstar - Bitcoin Kiosk Shopping Center & Mall (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$7.77M
Comparable Approach
Comparable
$9.54M
Blend (final)
Blend
$7.79M
Owner & transaction history
Stater · 35 yrs held
Stater
since 1991
1 recorded transaction
Zoning & alternative use
R1 · Hemet, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Apartment house (5+ units)
$12.5M
+108.9%
Warehouse, storage
$10.4M
+74.4%
Industrial (general)
$7.9M
+31.6%
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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$8,415,000
6.5%
$7,770,000
7%
$7,215,000
Alternative Use
Use
Estimation
RETAIL STORES
$5,970,000
Current use
APARTMENT HOUSE (5+ UNITS)
$12,465,000
Change: +109% · Conversion: Difficult
WAREHOUSE, STORAGE
$10,410,000
Change: +74% · Conversion: Difficult
INDUSTRIAL (GENERAL)
$7,855,000
Change: +32% · Conversion: Difficult
Blend value · Realmo final
$7.79M
Range $7.01M – $8.57M · ±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
$221 / 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
$87,979
Tax year 2024
Assessed value
$7,548,942
Assessed 2024
Previous assessed
$7,548,942
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$2,036,179
Assessed improvement
$5,512,763
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1991
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
35,232 SF
Lot
3.31 ac (144,183 SF)
Zoning code
R1
APN
446-300-026
UPID
US09-2462427
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Hemet, CA
Zoning R1 · permitted uses
R1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$6.0M
APARTMENT HOUSE (5+ UNITS)
Est. value
$12.5M
WAREHOUSE, STORAGE
Est. value
$10.4M
INDUSTRIAL (GENERAL)
Est. value
$7.9M
RETAIL STORES Current
APARTMENT HOUSE (5+ UNITS)
WAREHOUSE, STORAGE
INDUSTRIAL (GENERAL)
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1991
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
3.31 ac
Current owner
From public records · entity-resolved
Stater
Individual
Free & Clear · 35 yrs held
Mailing address
PO BOX 150, SAN BERNARDINO, CA 92402-0150
Ownership since
1991
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 1991
$1,102,500
Stater
Unknown
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.
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