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Property profile & analytics
OFF-MARKET
Estimated value
$775,000
Office buildings
24910 Las Brisas Rd Murrieta, CA 92562-4010
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3671045
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
TILT-UP CONCRETE
Total area
3,017 SF
APN
948-501-009
UPID
US09-3671045
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
-
Grace Family Health Medical Clinic
-
Village Family Dental Practice Dental Office
-
Victory Dental Practice Dental Office
-
Livingwater's Medical Clinic, Inc. Medical Clinic
-
Lily Phillips, MD Pediatrician Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$645k
CAP Approach
CAP
$665k
Comparable Approach
Comparable
$719k
Blend (final)
Blend
$775k
Owner & transaction history
Cassondra M Rose · 4 yrs held
Cassondra M Rose
since 2022
Last sale
$890,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.2M
+16.6%
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
$845,000
ML approach
$645,000
CAP Approach
CAP Return
Estimation
6%
$720,000
6.5%
$665,000
7%
$620,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,035,000
Current use
MEDICAL BUILDING
$1,210,000
Change: +17% · Conversion: Easy
WAREHOUSE, STORAGE
$890,000
Change: -14% · Conversion: Difficult
RETAIL STORES
$845,000
Change: -18% · Conversion: Moderate
Blend value · Realmo final
$775k
Range $698k – $853k · ±10% · vs last sale $890k (Feb 24 2022)
Last sale anchor
$890k
Feb 24 2022
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
$257 / 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
$10,334
Tax year 2024
Assessed value
$925,956
Assessed 2024
Previous assessed
$925,956
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$270,504
Assessed improvement
$655,452
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,017 SF
APN
948-501-009
UPID
US09-3671045
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
OFFICE BUILDING Current
Est. value
$1.0M
MEDICAL BUILDING
Est. value
$1.2M
WAREHOUSE, STORAGE
Est. value
$890,000
RETAIL STORES
Est. value
$845,000
OFFICE BUILDING Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Current owner
From public records · entity-resolved
Cassondra M Rose
Individual
Mailing address
24910 LAS BRISAS RD, MURRIETA, CA 92562-4010
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 24, 2022
$890,000
Cassondra M Rose
Michael S Stromsoe
Grant Deed
$756,500 · City National Bank
Jan 29, 2018
—
Stromsoe Family 2009 Trust
Stromsoe,michael S & Cynthia K
Quit Claim Deed
related
—
Nov 14, 2017
—
Michael S Stromsoe
Michael S Stromsoe
Intrafamily Transfer
related
$391,110 · Compass Bank
Dec 29, 2009
—
Stromsoe Family 2009 Trust
Stromsoe,michael S & Cynthia K
Quit Claim Deed
related
—
Mar 24, 2006
$799,500
Michael S Stromsoe
Las Brisas 6 LLC
Grant Deed
$399,753 · Mission Oaks National Bank
—
—
Stromsoe Family 2009 Trust
—
Deed Of Trust
related
$900,000 · Live Oak Bkng Co
—
—
Michael S Stromsoe
—
Deed Of Trust
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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