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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Retail space
26786 Encanto Dr Menifee, CA 92585-9794
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2757532
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1976
Construction
TILT-UP CONCRETE
Total area
4,800 SF
Lot
4.19 ac (182,516 SF)
Zoning code
CPS
APN
331-120-022
UPID
US09-2757532
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
$835k
CAP Approach
CAP
$1.06M
Comparable Approach
Comparable
$549k
Blend (final)
Blend
$770k
Owner & transaction history
Nancy Smith · 3 yrs held
Nancy Smith
since 2022
Last sale
$732,000
7 recorded transactions
Zoning & alternative use
CPS · Menifee, 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 Menifee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menifee 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
$785,000
ML approach
$835,000
CAP Approach
CAP Return
Estimation
6%
$1,145,000
6.5%
$1,060,000
7%
$985,000
Blend value · Realmo final
$770k
Range $693k – $847k · ±10% · vs last sale $732k (Oct 25 2022)
Last sale anchor
$732k
Oct 25 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
$160 / 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
$11,421
Tax year 2024
Assessed value
$1,034,849
Assessed 2024
Previous assessed
$1,034,849
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$591,857
Assessed improvement
$442,992
Applied tax rate
26.0000
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
4,800 SF
Lot
4.19 ac (182,516 SF)
Zoning code
CPS
APN
331-120-022
UPID
US09-2757532
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Menifee, CA
Zoning CPS · permitted uses
CPS · Menifee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menifee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
4.19 ac
Current owner
From public records · entity-resolved
Nancy Smith
Individual
Mailing address
10717 INDIANA AVE, RIVERSIDE, CA 92503-5212
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 25, 2022
—
Nancy Smith
Nancy Smith
Intrafamily Transfer
related
—
Dec 21, 2016
—
Richardson Real Estate LLC
—
Deed
related
—
Oct 1, 2004
—
Richardson Real Estate LLC
Richardson,raymond T & Linda A
Quit Claim Deed
related
$6,500,000 · Key Bank & Trust
Sep 28, 2004
—
Richardson Real Estate LLC
Richardson,raymond T & Linda A
Quit Claim Deed
related
—
May 6, 2003
—
Richardson Real Estate LLC
Richardson,raymond T
Quit Claim Deed
related
—
Nov 29, 1995
$732,000
Raymond T Richardson
First Pacific National Bank
Grant Deed
$658,800 · Individual
Aug 15, 1994
$822,890
First Pacific Bank
Canyon Ford
Trustees Deed
related
—
Jun 1, 1988
—
Canyon Ford INC
Canyon Ford
Quit Claim Deed
related
$1,275,000 · Torrey Pines Bank
—
—
Raymond T Richardson
—
Deed Of Trust
related
$342,000 · First Pacific Bank
—
—
Raymond T Richardson
—
Deed Of Trust
related
$427,500 · First Pacific Bank
—
—
Richardson Real Estate LLC
—
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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