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Property profile & analytics
OFF-MARKET
Estimated value
$2,200,000
Strip malls
2395 Hamner Ave Norco, CA 92860-2674
Individually Owned
29-yr Hold
~
Est. High Equity
Property ID
US10-2666804
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1980
Construction
WOOD
Total area
16,825 SF
Lot
1.81 ac (78,843 SF)
Zoning code
CP
APN
125-020-001
UPID
US10-2666804
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 Star Driving School Training Center Vocational School
-
Crusty's Pizza Restaurant
-
C & N Liquor (Bike/Boat/Book/etc) Store Wine and Liquor Store
-
Affordable Cards & Comics (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Norco Nutrition Spot Specialty Food Shop (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$2.20M
Owner & transaction history
Yam K Wong · 29 yrs held
Yam K Wong
since 1997
3 recorded transactions
Zoning & alternative use
CP · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$131 / 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
$16,547
Tax year 2024
Assessed value
$1,462,898
Assessed 2024
Previous assessed
$1,462,898
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$555,722
Assessed improvement
$907,176
Applied tax rate
15.0000
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
1980
Construction
WOOD
Heating
NONE
Stories
1
Total area
16,825 SF
Lot
1.81 ac (78,843 SF)
Zoning code
CP
APN
125-020-001
UPID
US10-2666804
Jurisdiction
RIVERSIDE
Zoning & alternative use
CP · Norco, CA
Zoning CP · permitted uses
CP · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1980
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.81 ac
Current owner
From public records · entity-resolved
Yam K Wong
Individual
Mailing address
PO BOX 4343, PALOS VERDES PENINSULA, CA 90274-9585
Ownership since
1997
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 1, 1997
$829,000
Yam K Wong
540 S San Pedro LP
Grant Deed
$334,000 · Seller
Dec 1, 1988
$1,720,000
Gim T Jeong
Peninsula Dev Co
Trustees Deed
$1,050,000 · Investors Thrift
Dec 1, 1988
—
Peninsula Dev Co
Cheng William C
Trustees 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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