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Property profile & analytics
FOR LEASE
Office buildings
Sky Canyon Dr Murrieta, CA 92563
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1989989
For Lease
$580,000
Sky Canyon Dr, Murrieta, CA 92563
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2006
Construction
TILT-UP CONCRETE
Total area
2,117 SF
Zoning code
SP
APN
957-331-003
UPID
US09-1989989
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
-
Neighbors HVAC of East Murrieta HVAC Service General Contractor
-
Murrieta Counseling Center Physician Medical Clinic
-
Ronald D. Morgan, EDD Physician Medical Clinic
-
CECILIA M. MATHEWS Marriage Or Relationship Counselor
-
Jamila Zuwayed Marriage and Family Therapist Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$580k
CAP Approach
CAP
$470k
Comparable Approach
Comparable
$770k
Blend (final)
Blend
$580k
Owner & transaction history
Jaad Ca Investments INC · 2 yrs held
Jaad Ca Investments INC
since 2023
Last sale
$673,000
4 recorded transactions
Zoning & alternative use
SP · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$915,000
+33.7%
Medical building
$850,000
+24.1%
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 Murrieta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrieta 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
$505,000
ML approach
$580,000
CAP Approach
CAP Return
Estimation
6%
$505,000
6.5%
$470,000
7%
$435,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$685,000
Current use
AUTO REPAIR, GARAGE
$915,000
Change: +34% · Conversion: Difficult
MEDICAL BUILDING
$850,000
Change: +24% · Conversion: Easy
RETAIL STORES
$665,000
Change: -3% · Conversion: Moderate
WAREHOUSE, STORAGE
$625,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$580k
Range $522k – $638k · ±10% · vs last sale $673k (Aug 2 2023)
Last sale anchor
$673k
Aug 2 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
$274 / 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
$6,933
Tax year 2024
Assessed value
$672,880
Assessed 2024
Previous assessed
$672,880
+0.0% YoY
Effective rate
1.03%
On assessed value
Assessed land
$200,000
Assessed improvement
$472,880
Applied tax rate
94.0000
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
For Lease
Year built
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,117 SF
Zoning code
SP
APN
957-331-003
UPID
US09-1989989
Jurisdiction
RIVERSIDE
Zoning & alternative use
SP · Murrieta, CA
Zoning SP · permitted uses
SP · Murrieta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrieta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$685,000
AUTO REPAIR, GARAGE
Est. value
$915,000
MEDICAL BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$665,000
WAREHOUSE, STORAGE
Est. value
$625,000
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
RETAIL STORES
WAREHOUSE, STORAGE
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
2006
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Current owner
From public records · entity-resolved
Jaad Ca Investments INC
Entity
Mailing address
25240 HANCOCK AVE STE #100, MURRIETA, CA 92562-5991
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 2, 2023
$673,000
Jaad Ca Investments INC
Beta Winchester LLC
Grant Deed
$372,880 · Beta Winchester LLC
Feb 25, 2011
—
Beta Winchester LLC
Sanroman,benjamin
Grant Deed
—
Nov 30, 2007
—
Benjamin Sanroman
Sanroman,melissa
Quit Claim Deed
related
—
Nov 30, 2007
$738,000
Benjamin Sanroman
Beta Winchester LLC
Grant Deed
$732,580 · Beta Winchester LLC
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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