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Property profile & analytics
OFF-MARKET
Retail space
33671 Old State Hwy Hemet, CA 92545-9223
Individually Owned
8-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-1921011
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
WOOD
Total area
1,536 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RR
APN
458-224-010
UPID
US09-1921011
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
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Joseph Lanera · 8 yrs held
Joseph Lanera
since 2018
7 recorded transactions
Zoning & alternative use
RR · Hemet, CA
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 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
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
$3,016
Tax year 2024
Assessed value
$262,471
Assessed 2024
Previous assessed
$262,471
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$170,607
Assessed improvement
$91,864
Applied tax rate
71.0000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,536 SF
Lot
0.39 ac (16,988 SF)
Zoning code
RR
APN
458-224-010
UPID
US09-1921011
Jurisdiction
RIVERSIDE
Zoning & alternative use
RR · Hemet, CA
Zoning RR · permitted uses
RR · 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.
Building & site characteristics
From public records
Year built
2000
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.39 ac
Current owner
From public records · entity-resolved
Joseph Lanera
Individual
Free & Clear · 8 yrs held
Mailing address
2281 W ESPLANADE AVE STE 102B, SAN JACINTO, CA 92582-4709
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 3, 2018
—
Joseph Lanera
Lanera Family Trust
Quit Claim Deed
related
—
Jul 3, 2018
$240,000
Fivyan F Qasem
Lanera,joseph & Maria
Grant Deed
$231,000 · Joseph Lanera
Jun 12, 2014
—
Lanera Family Trust
Lanera,joseph & Maria
Quit Claim Deed
related
—
Sep 1, 2011
—
Lanera,mario
Christiansen,john
Grant Deed
—
May 5, 2008
$329,825
Joseph Lanera
Pacific Rim Trust Deed Svcs
Trustees Deed
related
—
Feb 16, 2007
$280,000
Green Xpress INC
Great White North
Grant Deed
$300,000 · Joseph & Maria Lanera
Sep 13, 2002
$42,500
Great White North LP
Morgan,ruthann & James A
Grant Deed
related
$95,000 · Ruthann & James A Morgan
Oct 23, 1995
$70,000
Ruthann Morgan
Mares,stella
Grant Deed
$64,500 · Seller
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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