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Property profile & analytics
OFF-MARKET
Estimated value
$925,000
Office buildings
211 State St, Hemet, CA 92543-4159
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-3277400
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
WOOD
Total area
7,092 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R3
APN
443-194-024
UPID
US10-3277400
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
-
All Cities Home Inspection Home Inspector
-
Batara Immigration Law Law Firm
-
J & J Document Services Law Firm
-
NEW CENTURY REALTY & INVESTMENT - NOE GOMEZ Real Estate Agency
-
Healthy Money Happy Life Consultant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$885k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$895k
Blend (final)
Blend
$925k
Owner & transaction history
Merrick K Lynn · 5 yrs held
Merrick K Lynn
since 2020
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
R3 · 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
$1,040,000
ML approach
$885,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$695,000
Current use
Blend value · Realmo final
$925k
Range $833k – $1.02M · ±10% · vs last sale $950k (Dec 7 2020)
Last sale anchor
$950k
Dec 7 2020
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
$130 / 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
$11,569
Tax year 2024
Assessed value
$1,008,147
Assessed 2024
Previous assessed
$1,008,147
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$291,832
Assessed improvement
$716,315
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
7,092 SF
Lot
0.5 ac (21,780 SF)
Zoning code
R3
APN
443-194-024
UPID
US10-3277400
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Hemet, CA
Zoning R3 · permitted uses
R3 · 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
OFFICE BUILDING Current
Est. value
$695,000
OFFICE BUILDING Current
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
1978
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.5 ac
Current owner
From public records · entity-resolved
Merrick K Lynn
Individual
Mailing address
630 S STATE ST, SAN JACINTO, CA 92583-4023
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 7, 2020
$950,909
Merrick K Lynn
Mendoza Family 2011 Trust
Grant Deed
$300,000 · Mendoza Familty 2011 Trust (rt
Feb 2, 2012
—
Mendoza Family 2011 Trust
Mendoza,carlos & Consuelo
Quit Claim Deed
related
—
Dec 5, 2005
—
Craig Smarker
Smarker,pamela S
Quit Claim Deed
related
—
Dec 5, 2005
$1,150,000
Carlos Mendoza
Smarker,craig
Grant Deed
$250,000 · Craig Smarker
Sep 15, 2003
$400,000
Pamela S Smarker
Kalos Property Management LLC
Grant Deed
related
—
Jul 31, 2002
$349,091
Kalos Property Management LLC
Sandeen Trust
Grant Deed
$349,175 · Sandeen Trust
Dec 19, 2000
$345,000
Rolland D Sandeen
Atwater Building
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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