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Property profile & analytics
OFF-MARKET
Estimated value
$3,080,000
Investment properties
24629 Washington Ave Murrieta, CA 92562-8200
Trust Owned
7-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-1925465
Property profile
Verified
Property type
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Year built
2009
Construction
WOOD
Total area
14,449 SF
Lot
0.82 ac (35,719 SF)
Zoning code
SP
APN
906-151-020
UPID
US10-1925465
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
-
Abide Home Shoppe Home Decor Store Department Store
-
Realty Trust Group Real Estate Agency
-
Lilium Lee Florist Wedding Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$3.10M
Comparable Approach
Comparable
$3.56M
Blend (final)
Blend
$3.08M
Owner & transaction history
Weigel Family Legacy Trust · 7 yrs held
Weigel Family Legacy Trust
since 2018
7 recorded transactions
Zoning & alternative use
SP · Murrieta, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$3,360,000
6.5%
$3,100,000
7%
$2,880,000
Blend value · Realmo final
$3.08M
Range $2.77M – $3.39M · ±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
$213 / 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
$24,478
Tax year 2024
Assessed value
$2,190,170
Assessed 2024
Previous assessed
$2,190,170
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$392,360
Assessed improvement
$1,797,810
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
Investment properties
Use group
OFFICE/RESIDENTIAL (MIXED USE)
Status
Off-Market
Year built
2009
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
2
Bathrooms
0
Total area
14,449 SF
Lot
0.82 ac (35,719 SF)
Zoning code
SP
APN
906-151-020
UPID
US10-1925465
Jurisdiction
RIVERSIDE
Zoning & alternative use
SP · Murrieta, CA
Zoning SP · permitted uses
SP · 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.
Building & site characteristics
From public records
Year built
2009
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
2
Bathrooms
0
Lot
0.82 ac
Current owner
From public records · entity-resolved
Weigel Family Legacy Trust
Trust
Free & Clear · 7 yrs held
Mailing address
24942 TYLER PL, MURRIETA, CA 92562-8945
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Nov 27, 2019
—
Weigel Family Legacy Trust
—
Deed
related
—
Dec 18, 2018
—
Weigel Family Legacy Trust
Weigel,andrew T & Sandra L
Quit Claim Deed
related
—
Nov 6, 2018
—
Weigel Family Living Trust
—
Loan Modification
related
$2,100,000 · Union Bk&tr
Apr 2, 2013
$1,795,000
Weigel Family Living Trust
Kalmia Of Washington LLC
Grant Deed
$1,100,000 · Union Bk&tr
Dec 21, 2007
—
Kalmia/washington LLC
Cas Development LLC
Quit Claim Deed
related
—
Dec 23, 2004
—
Cas Dev LLC
California Trinity Dev
Grant Deed
related
—
Aug 27, 2004
$595,000
California Trinity Dev
Kane Virginia R
Grant Deed
—
Aug 21, 1992
$298,621
Kane Trust
Lopresto,ronald
Trustees Deed
related
—
Jan 1, 1989
$350,000
Lopresto Ronald
Kane Virgil E
Trustees Deed
$252,500 · Kane Virgil E
—
—
Ronald Lopresto
—
Deed Of Trust
related
—
—
—
Weigel Family Legacy Trust
—
Loan Modification
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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