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Property profile & analytics
OFF-MARKET
Estimated value
$5,270,000
Retail space
27975 Bradley Rd Menifee, CA 92586-2273
Entity Owned
5-yr Hold
Free & Clear
Property ID
US09-3331622
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2003
Construction
TILT-UP CONCRETE
Total area
12,928 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1
APN
335-192-002
UPID
US09-3331622
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
$5.09M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.27M
Owner & transaction history
Project Jupiter Nlp LLC · 5 yrs held
Project Jupiter Nlp LLC
since 2021
Last sale
$5.4M
3 recorded transactions
Zoning & alternative use
C1 · Menifee, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$8.0M
+87.6%
Auto repair, garage
$5.6M
+30.5%
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
$5,215,000
ML approach
$5,085,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$4,280,000
Current use
RESTAURANT
$8,025,000
Change: +88% · Conversion: Easy
AUTO REPAIR, GARAGE
$5,580,000
Change: +30% · Conversion: Difficult
WAREHOUSE, STORAGE
$3,820,000
Change: -11% · Conversion: Difficult
MEDICAL BUILDING
$3,535,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$5.27M
Range $4.74M – $5.80M · ±10% · vs last sale $5.39M (May 20 2021)
Last sale anchor
$5.39M
May 20 2021
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
$408 / 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
$66,820
Tax year 2024
Assessed value
$5,718,848
Assessed 2024
Previous assessed
$5,718,848
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$896,720
Assessed improvement
$4,822,128
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
12,928 SF
Lot
0.97 ac (42,253 SF)
Zoning code
C1
APN
335-192-002
UPID
US09-3331622
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Menifee, CA
Zoning C1 · permitted uses
C1 · 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.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$4.3M
RESTAURANT
Est. value
$8.0M
AUTO REPAIR, GARAGE
Est. value
$5.6M
WAREHOUSE, STORAGE
Est. value
$3.8M
MEDICAL BUILDING
Est. value
$3.5M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.97 ac
Current owner
From public records · entity-resolved
Project Jupiter Nlp LLC
Entity
Free & Clear · 5 yrs held
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 20, 2021
$5,389,000
Project Jupiter Nlp LLC
Walgreen Co
Grant Deed
—
Aug 15, 2003
—
Walgreen Co
Soco Group INC
Grant Deed
related
—
Aug 9, 1995
—
Soco Group INC
—
Deed Of Trust
related
$5,750,000 · Texas Commerce Bank
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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