Back to Search
Property profile & analytics
OFF-MARKET
Estimated value
$845,000
Warehouses
2660 3rd St Riverside, CA 92507-3321
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4538805
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1920
Construction
TILT-UP CONCRETE
Total area
18,640 SF
Lot
0.91 ac (39,639 SF)
Zoning code
BMP
APN
211-021-001
UPID
US09-4538805
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
-
ONE Restaurant Source LLC Big Box & Wholesale Store
-
Fridgcon Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.05M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$879k
Blend (final)
Blend
$845k
Owner & transaction history
John C Sun · 3 yrs held
John C Sun
since 2023
Last sale
$745,500
7 recorded transactions
Zoning & alternative use
BMP · Riverside, 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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$810,000
ML approach
$1,045,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$845k
Range $761k – $930k · ±10% · vs last sale $746k (Apr 27 2023)
Last sale anchor
$746k
Apr 27 2023
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
$45 / 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
$10,817
Tax year 2024
Assessed value
$943,206
Assessed 2024
Previous assessed
$943,206
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$199,702
Assessed improvement
$743,504
Applied tax rate
9.0000
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
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
18,640 SF
Lot
0.91 ac (39,639 SF)
Zoning code
BMP
APN
211-021-001
UPID
US09-4538805
Jurisdiction
RIVERSIDE
Zoning & alternative use
BMP · Riverside, CA
Zoning BMP · permitted uses
BMP · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1920
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
0.91 ac
Current owner
From public records · entity-resolved
John C Sun
Individual
Mailing address
325 CONDOR AVE, MCALLEN, TX 78504-2720
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 27, 2023
—
John C Sun
John Sun
Intrafamily Transfer
related
—
Apr 26, 2023
—
John Sun
John Sun
Intrafamily Transfer
related
—
Mar 9, 2017
—
John C Sun
—
Deed
related
$1,000,000 · Hua Nan Commercial Bank Ltd
Mar 28, 2011
$745,500
John Sun
Bank Of America NA
Grant Deed
—
Feb 26, 2010
$1,628,400
Bank Of America NA
Old Republic Title Co
Trustees Deed
related
—
May 6, 2005
$1,300,000
Chanh C Le
David Brueske
Grant Deed
$1,170,000 · Lehman Brothers Bank Fsb
Mar 19, 2004
—
David Brueske
Riverside & Fourth LLC
Grant Deed
$675,000 · Cnl Commercial Finance INC
Mar 17, 2003
—
David P Olsan
Olsan,alice
Quit Claim Deed
related
—
Mar 17, 2003
$275,000
Riverside & Fourth LLC
Olsan,tr
Grant Deed
—
—
—
Riverside & Fourth LLC
—
Deed Of Trust
related
$375,000 · Comerica Bank California
—
—
Inland Properties
—
Deed Of Trust
related
$150,000 · De Anza National Bank
—
—
Chanh C Le
—
Deed Of Trust
related
$1,504,000 · Bank Of America
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 2660 3rd St?
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.
