Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$1,275,000
Retail space
24399 Skyview Rdg Dr Murrieta, CA 92562-3907
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2709616
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1992
Construction
TILT-UP CONCRETE
Total area
2,784 SF
Lot
0.61 ac (26,571 SF)
Zoning code
RR
APN
949-550-005
UPID
US09-2709616
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.28M
CAP Approach
CAP
$865k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$1.28M
Owner & transaction history
Rc Skyview Properties LLC · 1 yrs held
Rc Skyview Properties LLC
since 2024
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
RR · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+54.1%
Medical building
$1.1M
+43.1%
Office building
$955,000
+22.7%
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 Murrieta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrieta 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
$1,275,000
ML approach
$1,275,000
CAP Approach
CAP Return
Estimation
6%
$935,000
6.5%
$865,000
7%
$805,000
Alternative Use
Use
Estimation
RETAIL STORES
$780,000
Current use
AUTO REPAIR, GARAGE
$1,200,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$1,115,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$955,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$825,000
Change: +5% · Conversion: Difficult
Blend value · Realmo final
$1.28M
Range $1.15M – $1.40M · ±10% · vs last sale $1.28M (Sep 20 2024)
Last sale anchor
$1.28M
Sep 20 2024
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
$458 / 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
$6,108
Tax year 2024
Assessed value
$518,537
Assessed 2024
Previous assessed
$518,537
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$235,654
Assessed improvement
$282,883
Applied tax rate
24.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
2,784 SF
Lot
0.61 ac (26,571 SF)
Zoning code
RR
APN
949-550-005
UPID
US09-2709616
Jurisdiction
RIVERSIDE
Zoning & alternative use
RR · Murrieta, CA
Zoning RR · permitted uses
RR · Murrieta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrieta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$780,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$955,000
WAREHOUSE, STORAGE
Est. value
$825,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
WAREHOUSE, STORAGE
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
1992
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
0.61 ac
Current owner
From public records · entity-resolved
Rc Skyview Properties LLC
Entity
Mailing address
15740 PARAMOUNT BLVD E STE E PARAMOUNT
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 20, 2024
$1,275,000
Rc Skyview Properties LLC
Apb Properties LLC
Grant Deed
$917,500 · Harvest Small Business Finance LLC
Aug 8, 2014
$412,500
Apb Properties LLC
Hanmi Bk
Grant Deed
—
Jul 18, 2014
$410,118
Hanmi Bk
Sbs Trust Deed Network
Trustees Deed
related
—
May 3, 2001
$490,000
Don H Park
Ncrm INC
Grant Deed
$367,500 · Hanmi Bank
Dec 28, 1995
$355,000
Ncrm INC
Cal,california Oaks Car Wash
Grant Deed
$189,000 · Fallbrook National Bank
May 19, 1992
$232,500
Oaks Car Wash Cal
Cal Oaks Dev Co
Grant Deed
related
—
—
—
Oaks Car Wash Cal
—
Deed Of Trust
related
$450,000 · El Dorado Savings Bank
—
—
Don H Park
—
Deed Of Trust
related
$570,000 · Hanmi Bank
—
—
Apb Properties LLC
—
Deed Of Trust
related
$300,000 · Anchor Lns
—
—
Don H Park
—
Deed Of Trust
related
$245,000 · Hanmi Bank
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 24399 Skyview Rdg Dr?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
