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Property profile & analytics
OFF-MARKET
Estimated value
$675,000
Apartment buildings
333 Gilbert St Hemet, CA 92543-5987
Individually Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2300927
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1979
Construction
WOOD
Total area
1,617 SF
Lot
1.53 ac (66,646 SF)
Zoning code
R2
APN
446-020-057
UPID
US10-2300927
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
-
Suburban Shavings Trucking Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$646k
Blend (final)
Blend
$675k
Owner & transaction history
Scott Lowery · 9 yrs held
Scott Lowery
since 2016
7 recorded transactions
Zoning & alternative use
R2 · Hemet, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$700,000
+22.0%
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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
$565,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
APARTMENT HOUSE (5+ UNITS)
$570,000
Current use
AUTO REPAIR, GARAGE
$700,000
Change: +22% · Conversion: Difficult
WAREHOUSE, STORAGE
$480,000
Change: -17% · Conversion: Difficult
Blend value · Realmo final
$675k
Range $608k – $743k · ±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
$417 / 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
$19,753
Tax year 2024
Assessed value
$1,710,965
Assessed 2024
Previous assessed
$1,710,965
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$486,469
Assessed improvement
$1,224,496
Applied tax rate
6.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1979
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
11
Total area
1,617 SF
Lot
1.53 ac (66,646 SF)
Zoning code
R2
APN
446-020-057
UPID
US10-2300927
Jurisdiction
RIVERSIDE
Zoning & alternative use
R2 · Hemet, CA
Zoning R2 · permitted uses
R2 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
APARTMENT HOUSE (5+ UNITS) Current
Est. value
$570,000
AUTO REPAIR, GARAGE
Est. value
$700,000
WAREHOUSE, STORAGE
Est. value
$480,000
APARTMENT HOUSE (5+ UNITS) Current
AUTO REPAIR, GARAGE
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
1979
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
11
Lot
1.53 ac
Current owner
From public records · entity-resolved
Scott Lowery
Individual
Mailing address
10114 GLORIA AVE, NORTH HILLS, CA 91343-1408
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2016
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 7, 2016
—
Scott Lowery
Mcguire Jeanne A Living
Quit Claim Deed
related
—
Jun 3, 2014
—
Mcguire,jeanne A Living Trust
Mcguire,jeanne A
Quit Claim Deed
related
—
Sep 22, 2004
—
Jeanne Mcguire
Lowery,scott
Quit Claim Deed
related
$990,000 · Washington Mutual Fsb
Feb 15, 2002
$869,000
Mcguire,jeanne
Pacific Rim Investment Group
Grant Deed
—
Jun 13, 2001
—
Pac Rim Inv Gp
Lim,lorraine
Grant Deed
related
—
Sep 14, 1999
$390,000
Lorraine Lim
Washington Mutual Fsb
Grant Deed
$450,000 · Golden Security Bank
Feb 16, 1999
$666,000
Washington Mutual Fsb
Ornelas,richard G & Rita A
Trustees Deed
related
—
Sep 1, 1988
$825,000
Richard Ornelas
Lee Jau N
Grant Deed
$618,750 · Coast Federal Bank
—
—
Mcguire,jeanne
—
Deed Of Trust
related
$651,750 · Southern Pacific 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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