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Property profile & analytics
OFF-MARKET
Estimated value
$655,000
Office buildings
31630 Railroad Cyn Rd Canyon Lake, CA 92587-9477
Entity Owned
~
Est. High Equity
Property ID
US10-2974733
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1985
Construction
WOOD
Total area
3,240 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C1CP
APN
355-300-033
UPID
US10-2974733
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
by Request
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$480k
Blend (final)
Blend
$655k
Owner & transaction history
Cnm Development LLC
Cnm Development LLC
since 2026
7 recorded transactions
Zoning & alternative use
C1CP · Canyon Lake, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.1M
+21.7%
Warehouse, storage
$955,000
+8.7%
Medical building
$885,000
+0.6%
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 Canyon Lake submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Canyon Lake 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$880,000
Current use
RETAIL STORES
$1,070,000
Change: +22% · Conversion: Moderate
WAREHOUSE, STORAGE
$955,000
Change: +9% · Conversion: Difficult
MEDICAL BUILDING
$885,000
Change: +1% · Conversion: Easy
Blend value · Realmo final
$655k
Range $590k – $721k · ±10%
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
$202 / 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
$10,239
Tax year 2024
Assessed value
$989,136
Assessed 2024
Previous assessed
$989,136
+0.0% YoY
Effective rate
1.04%
On assessed value
Assessed land
$137,732
Assessed improvement
$851,404
Applied tax rate
23.0000
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1985
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
3,240 SF
Lot
0.32 ac (13,939 SF)
Zoning code
C1CP
APN
355-300-033
UPID
US10-2974733
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1CP · Canyon Lake, CA
Zoning C1CP · permitted uses
C1CP · Canyon Lake, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Canyon Lake. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$880,000
RETAIL STORES
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$955,000
MEDICAL BUILDING
Est. value
$885,000
OFFICE BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
MEDICAL BUILDING
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
1985
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.32 ac
Current owner
From public records · entity-resolved
Cnm Development LLC
Entity
Mailing address
31630 RAILROAD CYN RD, CANYON LAKE, CA 92587-9477
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
21 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 9, 2026
—
Cnm Development LLC
Cnm Development LLC
Deed
related
—
Dec 27, 2019
—
Cnm Development LLC
Whitehead Living Trust
Grant Deed
—
Nov 5, 2019
—
Whitehead Living Trust
Charles Whitehead
Quit Claim Deed
related
—
May 14, 2014
$1,200,000
Charles Whitehead
Newton Family Trust
Grant Deed
—
Jun 3, 2013
—
Newton Family Trust
Newton,gary & Margaret
Quit Claim Deed
related
—
Aug 6, 2009
$1,950,000
Gary Newton
Winner Group LLC
Deed In Lieu Of Foreclosure
related
—
Sep 8, 2005
—
Winner Group LLC
Erwin,gwen
Grant Deed
—
Jun 24, 2005
$1,957,272
Gwen Erwin
Newton,gary & Margaret
Grant Deed
$1,950,000 · Gary & Margaret Newton
Oct 26, 2001
$540,000
Gary Newton
Clow Trust
Grant Deed
related
$566,070 · Clow Trust
Jul 29, 1999
$950,000
Robert G Clow
Bailey,nicholas T
Grant Deed
$566,070 · Temecula Valley National Bank
Jun 1, 1988
$800,000
Nicholas Bailey
South Main Prope
Trustees Deed
—
Jun 1, 1988
—
Nicholas Bailey
Bailey Patricia
Quit Claim Deed
related
—
—
—
Nicholas T Bailey
—
Deed Of Trust
related
$246,743 · North County Bank
—
—
Nicholas T Bailey
—
Deed Of Trust
related
$50,000 · North County Bank
—
—
Micholas T Bailey
—
Deed Of Trust
related
$35,000 · Temecula Valley National Bank
—
—
Gary Newton
—
Deed Of Trust
related
$392,668 · Clow Trust
—
—
Nicholas T Bailey
—
Deed Of Trust
related
$358,944 · Temecula Valley National Bank
—
—
Nicholas Bailey
—
Deed Of Trust
related
$275,000 · Western Federal Savings & Loan
—
—
Charles Whitehead
—
Deed Of Trust
related
$600,000 · California Bk&tr
—
—
Gary Newton
—
Deed Of Trust
related
$350,000 · Hartley R & J Living Trust (lt
—
—
South Main Prope
—
Deed Of Trust
related
$65,000 · N T Bailey Surpl
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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