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Property profile & analytics
OFF-MARKET
Estimated value
$1,220,000
Individual retail properties
220 Sanderson Ave Hemet, CA 92545-3614
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2904868
Property profile
Verified
Property type
Individual retail properties
Use group
GYM, HEALTH SPA
Year built
2008
Construction
TILT-UP CONCRETE
Total area
42,064 SF
Lot
4.71 ac (205,167 SF)
Zoning code
C1
APN
448-310-006
UPID
US09-2904868
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
-
LA Fitness Gym & Fitness Center
-
Amazon Hub Locker - Modem Postal Service Courier Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.22M
Owner & transaction history
Precious Hemet Holdings LLC · 12 yrs held
Precious Hemet Holdings LLC
since 2014
7 recorded transactions
Zoning & alternative use
C1 · 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
by Request
ML approach
$1,220,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.22M
Range $1.10M – $1.34M · ±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
$29 / 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
$146,930
Tax year 2024
Assessed value
$12,949,677
Assessed 2024
Previous assessed
$12,949,677
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,403,649
Assessed improvement
$10,546,028
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
Individual retail properties
Use group
GYM, HEALTH SPA
Status
Off-Market
Year built
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
42,064 SF
Lot
4.71 ac (205,167 SF)
Zoning code
C1
APN
448-310-006
UPID
US09-2904868
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Hemet, CA
Zoning C1 · permitted uses
C1 · 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
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
4.71 ac
Current owner
From public records · entity-resolved
Precious Hemet Holdings LLC
Entity
Mailing address
6362 VAN NUYS BLVD, VAN NUYS, CA 91401-2601
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
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
Aug 8, 2019
—
Precious Hemet Holdings LLC
—
Grant Deed
related
$5,888,000 · Wells Fargo Bk
Feb 14, 2014
$4,672,500
Precious Hemet Holdings LLC
Schwarzblatt G Trust
Grant Deed
$6,501,912 · Rabobank
Aug 30, 2013
—
Schwarzblatt,gerry & M Trust
Schwarzblatt & Sirebrenik Prop
Quit Claim Deed
related
—
Apr 3, 2013
—
Schwarzblatt Prop
Sirebrenik J & I Trust
Quit Claim Deed
related
—
Dec 9, 2011
$9,600,000
Sirebrenik Jaime & I Trust
Eden Group LLC
Grant Deed
—
Dec 9, 2011
—
Schwarzblatt Gerry & M Trust
—
Deed Of Trust
related
$6,700,000 · Rabobank
Oct 21, 2009
$1,523,000
Eden Group LLC
Sanderson Plaza LLC
Grant Deed
—
Oct 21, 2009
—
Sanderson Plaza LLC
Sanderson Plaza LLC
Deed Of Trust
related
$6,927,334 · Eden Group LLC
Nov 8, 2007
—
Sanderson Plaza LLC
Sanderson Plaza LLC
Quit Claim Deed
related
$1,925,000 · Standard Mgmt Co
Dec 30, 2005
—
Jnt Investments LLC
Guell,john & Bernita W
Grant Deed
related
—
Oct 7, 2005
—
Sanderson Plaza LLC
Sanderson Plaza LLC
Quit Claim 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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