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Property profile & analytics
OFF-MARKET
Manufacturing properties
2881 Hobsonway Blythe, CA 92225-1490
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-2826005
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1965
Construction
WOOD
Total area
2,940 SF
Lot
1.49 ac (64,904 SF)
Zoning code
MM
APN
824-160-005
UPID
US09-2826005
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
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Colorado River Holdings · 6 yrs held
Colorado River Holdings
since 2020
Last sale
$250,000
5 recorded transactions
Zoning & alternative use
MM · Blythe, 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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$2,116
Tax year 2024
Assessed value
$190,864
Assessed 2024
Previous assessed
$190,864
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$66,243
Assessed improvement
$124,621
Applied tax rate
3.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1965
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
2,940 SF
Lot
1.49 ac (64,904 SF)
Zoning code
MM
APN
824-160-005
UPID
US09-2826005
Jurisdiction
RIVERSIDE
Zoning & alternative use
MM · Blythe, CA
Zoning MM · permitted uses
MM · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blythe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1965
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
1.49 ac
Current owner
From public records · entity-resolved
Colorado River Holdings
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 18021, ANAHEIM, CA 92817-8021
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2020
—
Colorado River Holdings
Environmental Engineering Ents
Grant Deed
related
—
Dec 27, 2018
$250,000
Environmental Engineering Ents
Goettsch,douglass
Grant Deed
$200,000 · Douglass Goettsch
Jun 27, 2017
$75,000
Douglass Goettsch
Amerigas Propane LP
Grant Deed
$26,000 · Leth Douglas Trust (rt)
Feb 24, 1997
$200,000
Amerigas Propane LP
Bernard Trust
Grant Deed
—
Jan 17, 1995
—
Frank E Etal Bernard
Bernard,f Earl
Quit Claim Deed
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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