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Property profile & analytics
OFF-MARKET
Estimated value
$960,000
Warehouses
24850 Las Brisas Rd Murrieta, CA 92562-4066
Trust Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1221762
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1999
Construction
WOOD
Total area
2,990 SF
Lot
3.33 ac (145,054 SF)
APN
948-500-042
UPID
US09-1221762
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
-
StaxUp Storage Storage Facility
-
U-Haul Neighborhood Dealer Car Rental Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.17M
Blend (final)
Blend
$960k
Owner & transaction history
Strauss Survivors Trust · 7 yrs held
Strauss Survivors Trust
since 2018
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.3M
+46.1%
Medical building
$1.2M
+35.6%
Office building
$1.0M
+16.3%
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
$745,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$885,000
Current use
AUTO REPAIR, GARAGE
$1,290,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$1,200,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$1,025,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$840,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$960k
Range $864k – $1.06M · ±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
$321 / 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
$109,382
Tax year 2024
Assessed value
$9,784,051
Assessed 2024
Previous assessed
$9,784,051
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,776,209
Assessed improvement
$7,007,842
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1999
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
2
Units
5
Total area
2,990 SF
Lot
3.33 ac (145,054 SF)
APN
948-500-042
UPID
US09-1221762
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$885,000
AUTO REPAIR, GARAGE
Est. value
$1.3M
MEDICAL BUILDING
Est. value
$1.2M
OFFICE BUILDING
Est. value
$1.0M
RETAIL STORES
Est. value
$840,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
1999
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
2
Units
5
Lot
3.33 ac
Current owner
From public records · entity-resolved
Strauss Survivors Trust
Trust
Mailing address
2055 3RD AVE STE #200, SAN DIEGO, CA 92101-2058
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 1, 2023
—
Strauss California LP
—
Deed
related
$6,840,000 · Kinecta FCU
Jul 20, 2018
—
Strauss Survivors Trust
Strauss P U & A L Trust
Quit Claim Deed
related
—
May 18, 2018
—
Strauss,brian P Family Trust
Strauss P U & A L Turst
Quit Claim Deed
related
—
Oct 17, 2005
$7,210,000
Self-storage Murrieta
Murrieta-spc LLC
Grant Deed
$4,800,000 · Lasalle National Bank
Feb 7, 2003
—
Murrieta-spc LLC
—
Deed Of Trust
related
$3,102,000 · General Electric Capital Corp
Oct 13, 1999
—
Murrieta-spc LLC
—
Deed Of Trust
related
$2,550,000 · Valley Independent Bank
Jul 11, 1997
$630,000
Secured Storage
Rancho Rof
Grant Deed
—
—
—
Murrieta Self-storage LP
—
Deed Of Trust
related
$5,025,000 · Keybank USA
—
—
Murrieta Self-storage LP
—
Loan Modification
related
$4,370,000 · Keybank USA
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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