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Property profile & analytics
FOR SALE
Office buildings
29054 Goetz Rd Menifee, CA 92587
Individually Owned
8-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3375448
For Sale
1 / 13
$1,200,000
29054 Goetz Rd, Menifee, CA 92587
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1993
Construction
WOOD
Total area
2,628 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C1-CP
APN
341-133-004
UPID
US09-3375448
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
Abdul Nawabi · 8 yrs held
Abdul Nawabi
since 2018
7 recorded transactions
Zoning & alternative use
C1-CP · Canyon Lake, 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
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
$3,332
Tax year 2024
Assessed value
$223,100
Assessed 2024
Previous assessed
$223,100
+0.0% YoY
Effective rate
1.49%
On assessed value
Assessed land
$50,197
Assessed improvement
$172,903
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
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
For Sale
Year built
1993
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Total area
2,628 SF
Lot
0.36 ac (15,681 SF)
Zoning code
C1-CP
APN
341-133-004
UPID
US09-3375448
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1-CP · Canyon Lake, CA
Zoning C1-CP · permitted uses
C1-CP · Canyon Lake, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canyon Lake. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1993
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Lot
0.36 ac
Current owner
From public records · entity-resolved
Abdul Nawabi
Individual
Mailing address
36228 CAPRI DR, WINCHESTER, CA 92596-8739
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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 28, 2018
$200,000
Abdul Nawabi
Bilowit Scott Trust
Grant Deed
$200,000 · Bilowit Scott Trust
May 28, 2013
$180,000
Bilowit,scott Family Trust
Us Bank NA Series 2007-3
Grant Deed
—
Sep 11, 2012
$250,000
Us Bank NA Series 2007-3
Fidelity National Title Co
Trustees Deed
related
—
Jul 1, 1990
$55,000
Stellar Enterpri
Coffron James R
Grant Deed
$41,250 · Seller
—
—
Stella Enterprises INC
—
Deed Of Trust
related
$253,800 · De Anza National Bank
—
—
Stellar Ents INC
—
Deed Of Trust
related
—
—
—
Stellar Ents INC
—
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.
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?”
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