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Property profile & analytics
OFF-MARKET
Estimated value
$565,000
Commercial land
29616 Nuevo Rd Nuevo, CA 92567-9201
Individually Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-3759508
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Year built
1950
Total area
720 SF
Lot
0.18 ac (7,840 SF)
Zoning code
CPS
APN
307-162-023
UPID
US09-3759508
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
$530k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$363k
Blend (final)
Blend
$565k
Owner & transaction history
Abugherir Amer H & Lani H · 6 yrs held
Abugherir Amer H & Lani H
since 2019
Last sale
$600,000
7 recorded transactions
Zoning & alternative use
CPS · Nuevo, 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 Nuevo submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Nuevo 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
$520,000
ML approach
$530,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$735,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$620,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$565k
Range $509k – $622k · ±10% · vs last sale $600k (May 22 2025)
Last sale anchor
$600k
May 22 2025
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
$785 / 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
$986
Tax year 2024
Assessed value
$85,773
Assessed 2024
Previous assessed
$85,773
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$85,773
Applied tax rate
83.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Year built
1950
Heating
NONE
Stories
1
Bathrooms
1
Total area
720 SF
Lot
0.18 ac (7,840 SF)
Zoning code
CPS
APN
307-162-023
UPID
US09-3759508
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Nuevo, CA
Zoning CPS · permitted uses
CPS · Nuevo, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Nuevo. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL) Current
Est. value
$735,000
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$620,000
COMMERCIAL (GENERAL) Current
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
1950
Heating
NONE
Stories
1
Bathrooms
1
Lot
0.18 ac
Current owner
From public records · entity-resolved
Abugherir Amer H & Lani H
Individual
Mailing address
29616 NUEVO RD, NUEVO, CA 92567-9201
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2019
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 2, 2019
$600,000
Abugherir Amer H & Lani H
Mohammad Abdelkarim
Trustees Deed
$1,600,000 · Bank Of Hope
Jun 13, 2014
$150,000
Mohammad Abdelkarim
Tabel,nadir E
Grant Deed
—
Jun 11, 2014
$200,000
Abugherir Amer H
Abufarha,issam
Grant Deed
—
Oct 12, 2011
$130,000
Amer H Abugherir
Abdelkarim,mohammad
Grant Deed
—
Jul 19, 2011
—
Issam Abufarha
Abufarha,fatena
Quit Claim Deed
related
$1,350,000 · Nuevo Village Investments
Feb 15, 1996
—
Nuevo Village Investments
—
Deed Of Trust
related
$1,100,000 · Chino Valley Bank
Jul 20, 1992
$100,000
Nuevo Village Inv
Nuevo,tors
Grant Deed
related
—
May 20, 1992
$100,000
Nuevo Village Investors
Nuevo Water Co
Grant Deed
related
—
May 1, 1992
$100,000
Nuevo Village Inv
Unknown
Grant Deed
—
—
—
Nuevo Village Investments
—
Deed Of Trust
related
$100,000 · Chino Valley Bank
—
—
Mohammad Abdelkarim
—
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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