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Property profile & analytics
OFF-MARKET
Banks
31600 Grape St Lake Elsinore, CA 92532-9703
Individually Owned
21-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2947171
Property profile
Verified
Property type
Banks
Use group
FINANCIAL BUILDING
Year built
1998
Construction
WOOD
Total area
3,464 SF
Lot
0.65 ac (28,314 SF)
APN
363-530-030
UPID
US10-2947171
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
-
Wells Fargo Bank Bank Loan Service
-
Wells Fargo ATM Atm
-
Wells Fargo Advisors Financial Advisor
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
Oak Grove Equities · 21 yrs held
Oak Grove Equities
since 2004
5 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 Lake Elsinore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Elsinore 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
$18,396
Tax year 2024
Assessed value
$1,393,896
Assessed 2024
Previous assessed
$1,393,896
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$577,069
Assessed improvement
$816,827
Applied tax rate
5.0000
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
Banks
Use group
FINANCIAL BUILDING
Status
Off-Market
Year built
1998
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,464 SF
Lot
0.65 ac (28,314 SF)
APN
363-530-030
UPID
US10-2947171
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
1998
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.65 ac
Current owner
From public records · entity-resolved
Oak Grove Equities
Individual
Free & Clear · 21 yrs held
Mailing address
6355 TOPANGA CYN BLVD STE #335, WOODLAND HILLS, CA 91367-2234
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2004
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 13, 2021
—
Lake Elsinore Center LLC
—
Deed
related
$10,600,000 · Standard Insurance Co
Oct 3, 2011
—
Lake Elsinore Center LLC
—
Deed Of Trust
related
$10,000,000 · Midland National Life Ins
Jul 27, 2004
—
Oak Grove Equities
Vons Co INC
Quit Claim Deed
related
—
May 27, 2004
—
Elsinore-veto LLC
Oak Grove Equities
Grant Deed
related
—
Jun 5, 1998
—
Oak Grove Equities
—
Deed Of Trust
related
$4,350,000 · Citizens Business Bank
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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