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Property profile & analytics
OFF-MARKET
Estimated value
$840,000
Office buildings
29737 New Hub Dr Menifee, CA 92586-6529
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1203993
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2002
Construction
WOOD
Total area
13,706 SF
Lot
0.93 ac (40,510 SF)
APN
336-380-014
UPID
US09-1203993
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
$675k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$840k
Owner & transaction history
Fast Tortoise LLC · 3 yrs held
Fast Tortoise LLC
since 2023
Last sale
$915,000
7 recorded transactions
Zoning & alternative use
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
Method
Estimation
Statistic approach
$690,000
ML approach
$675,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$840k
Range $756k – $924k · ±10% · vs last sale $915k (Jan 18 2023)
Last sale anchor
$915k
Jan 18 2023
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
$61 / 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
$23,975
Tax year 2024
Assessed value
$2,080,164
Assessed 2024
Previous assessed
$2,080,164
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$577,811
Assessed improvement
$1,502,353
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
2002
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Total area
13,706 SF
Lot
0.93 ac (40,510 SF)
APN
336-380-014
UPID
US09-1203993
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
Building & site characteristics
From public records
Year built
2002
Construction
WOOD
Heating
NONE
Stories
2
Units
1
Lot
0.93 ac
Current owner
From public records · entity-resolved
Fast Tortoise LLC
Entity
Mailing address
31620 RAILROAD CYN RD, CANYON LAKE, CA 92587-9476
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2026
—
Vb S1 Assets LLC
—
Deed
related
$80,710 · Deutsche Bank Trust Co Americas
Jan 18, 2023
$915,000
Fast Tortoise LLC
John Regus
Grant Deed
—
Mar 19, 2021
—
John Regus
Regus Mccoy LLC
Grant Deed
—
Aug 21, 2014
—
Regus Mccoy LLC
Regus John & J Trust
Quit Claim Deed
related
—
Oct 13, 2010
—
Regus John & Johanna Trust
Regus John & J Trust
Quit Claim Deed
related
$620,000 · Compass Bank
Aug 31, 2001
—
Regus Trust
—
Trustees Deed
related
$999,770 · Fullerton Community Bank Fsb
Jun 22, 2001
$130,000
Regus Trust
Regus Trust
Grant Deed
related
—
Oct 10, 2000
$130,000
Regus Trust
Mccoy Dbpp
Grant Deed
$130,000 · Seller
Aug 22, 2000
$223,000
Regus Trust
Hub Enterprises
Grant Deed
—
—
—
Regus,tr
—
Deed Of Trust
related
$999,770 · Fullerton Community Bank Fsb
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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