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Property profile & analytics
OFF-MARKET
Estimated value
$1,985,000
Turn key restaurants
3203 Msn Inn Ave Riverside, CA 92507-4073
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1826460
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2003
Construction
WOOD
Total area
3,614 SF
Lot
0.54 ac (23,522 SF)
Zoning code
M2
APN
213-251-003
UPID
US09-1826460
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
-
Sam's Bann Thai Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.14M
Blend (final)
Blend
$1.99M
Owner & transaction history
Mr Taco Fresh Mexican Grill LLC · 3 yrs held
Mr Taco Fresh Mexican Grill LLC
since 2022
Last sale
$1.9M
7 recorded transactions
Zoning & alternative use
M2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$3.1M
+81.5%
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$1,880,000
ML approach
$2,095,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,715,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$3,110,000
Change: +82% · Conversion: Difficult
AUTO REPAIR, GARAGE
$1,600,000
Change: -7% · Conversion: Difficult
Blend value · Realmo final
$1.99M
Range $1.79M – $2.18M · ±10% · vs last sale $1.91M (Feb 3 2022)
Last sale anchor
$1.91M
Feb 3 2022
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
$549 / 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
$21,996
Tax year 2024
Assessed value
$1,987,164
Assessed 2024
Previous assessed
$1,987,164
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$624,240
Assessed improvement
$1,362,924
Applied tax rate
9.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Total area
3,614 SF
Lot
0.54 ac (23,522 SF)
Zoning code
M2
APN
213-251-003
UPID
US09-1826460
Jurisdiction
RIVERSIDE
Zoning & alternative use
M2 · Riverside, CA
Zoning M2 · permitted uses
M2 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.1M
AUTO REPAIR, GARAGE
Est. value
$1.6M
RESTAURANT Current
NEIGHBORHOOD: SHOPPING CENTER
AUTO REPAIR, GARAGE
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
2003
Construction
WOOD
Heating
NONE
Stories
1
Units
1
Lot
0.54 ac
Current owner
From public records · entity-resolved
Mr Taco Fresh Mexican Grill LLC
Entity
Mailing address
18363 OAK PARK DR, RIVERSIDE, CA 92504-9429
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 8, 2022
—
Mr Taco Fresh Mexican Grill LLC
Ay Mi Pa
Lease
$806,000 · California Statewide Certified Developme
Feb 3, 2022
$1,910,000
Ay Mi Pa
Mlm Properties LLC
Grant Deed
$1,650,000 · Equity Financial Design LLC
Jan 23, 2020
$1,400,000
Mlm Properties LLC
Mission & Vine LLC
Grant Deed
$709,993 · Banner Bank
Oct 31, 2001
$190,000
Mission & Vine LLC
Mbk River Marketplace Partners
Grant Deed
—
Jun 1, 1990
$682,500
Campbel Birtcher
Hyrosen Properti
Grant Deed
—
—
—
Mission & Vine LLC
—
Deed Of Trust
related
$500,000 · Security Bk/ca
—
—
Mission & Vine LLC
—
Deed Of Trust
related
$600,000 · Pff Bank & Trust
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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