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Property profile & analytics
OFF-MARKET
Estimated value
$17,635,000
Retail space
29073 Overland Dr Temecula, CA 92591-3634
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3820492
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2005
Construction
WOOD
Total area
13,488 SF
Lot
1.79 ac (77,972 SF)
APN
921-680-035
UPID
US09-3820492
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
-
Felicie Nail Salon Nail Salon
-
Mariposa Ice Cream Temecula Grocery & Convenience Store Specialty Food Shop
-
Wahoo's Fish Taco Restaurant
-
Flowers boutique Temecula ca (Bike/Boat/Book/etc) Store Florist
-
Kat Marie Artistry Hair Salon
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$17.57M
Blend (final)
Blend
$17.64M
Owner & transaction history
Alcatraz475 LP · 4 yrs held
Alcatraz475 LP
since 2022
Last sale
$17.3M
4 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$13.8M
+15.3%
Apartment house (5+ units)
$13.4M
+11.5%
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 Temecula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temecula 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
$18,480,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RETAIL STORES
$11,975,000
Current use
COMMERCIAL (GENERAL)
$13,810,000
Change: +15% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$13,350,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$11,610,000
Change: -3% · Conversion: Moderate
Blend value · Realmo final
$17.64M
Range $15.87M – $19.40M · ±10% · vs last sale $17.25M (Mar 22 2022)
Last sale anchor
$17.25M
Mar 22 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
$1,307 / 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
$78,743
Tax year 2024
Assessed value
$6,939,599
Assessed 2024
Previous assessed
$6,939,599
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$2,081,878
Assessed improvement
$4,857,721
Applied tax rate
13.0000
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
2005
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
13,488 SF
Lot
1.79 ac (77,972 SF)
APN
921-680-035
UPID
US09-3820492
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$12.0M
COMMERCIAL (GENERAL)
Est. value
$13.8M
APARTMENT HOUSE (5+ UNITS)
Est. value
$13.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.6M
RETAIL STORES Current
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2005
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
1.79 ac
Current owner
From public records · entity-resolved
Alcatraz475 LP
Entity
Free & Clear · 4 yrs held
Mailing address
29 ORINDA WAY UNIT #588, ORINDA, CA 94563-6923
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 14, 2022
—
Alcatraz475 LP
—
Deed
related
$11,212,500 · San Diego County Cu
Mar 22, 2022
$17,250,000
Alcatraz475 LP
Temecula Mo LLC
Grant Deed
—
Nov 30, 2021
—
Temecula Mo LLC
—
Deed
related
$15,224,541 · Comerica Bank
Nov 5, 2014
—
Temecula Mo LLC
—
Loan Modification
related
$62,200,000 · Comerica Bk
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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