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Property profile & analytics
OFF-MARKET
Estimated value
$2,015,000
Manufacturing properties
37335 Industry Way Murrieta, CA 92563-3102
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-5603791
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2021
Construction
WOOD
Total area
10,992 SF
Lot
7.96 ac (346,737 SF)
APN
963-080-016
UPID
US09-5603791
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
$2.27M
CAP Approach
CAP
$1.60M
Comparable Approach
Comparable
$2.70M
Blend (final)
Blend
$2.02M
Owner & transaction history
Aleyonc Properties LLC · 2 yrs held
Aleyonc Properties LLC
since 2023
Last sale
$1.9M
7 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 Murrieta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrieta 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
$2,050,000
ML approach
$2,265,000
CAP Approach
CAP Return
Estimation
6%
$1,730,000
6.5%
$1,595,000
7%
$1,480,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,580,000
Current use
Blend value · Realmo final
$2.02M
Range $1.81M – $2.22M · ±10% · vs last sale $1.87M (Oct 20 2023)
Last sale anchor
$1.87M
Oct 20 2023
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
$183 / 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 2023Property tax & assessments
Tax year 2023
Tax billed
$257,340
Tax year 2023
Assessed value
$24,543,727
Assessed 2023
Previous assessed
$24,543,727
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$3,043,727
Assessed improvement
$21,500,000
Applied tax rate
94.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2021
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
10,992 SF
Lot
7.96 ac (346,737 SF)
APN
963-080-016
UPID
US09-5603791
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
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.6M
INDUSTRIAL (GENERAL) Current
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
2021
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
7.96 ac
Current owner
From public records · entity-resolved
Aleyonc Properties LLC
Entity
Mailing address
720 E SUNKIST ST STE #101, ONTARIO, CA 91761-1812
Ownership since
2023
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
Oct 20, 2023
$1,874,000
Aleyonc Properties LLC
French Valley Airport Center LLC
Grant Deed
—
Oct 2, 2023
—
Willcar Holdings LLC
Willcar Holdings LLC
Intrafamily Transfer
related
$5,496,000 · Bank Of America NA
Jul 19, 2023
$1,506,500
Shellstone Property LLC
French Valley Airport Center LLC
Grant Deed
—
Jun 27, 2023
$1,600,500
H & L Investment LLC
French Valley Airport Center LLC
Grant Deed
—
May 23, 2023
$5,147,500
Willcar Holdings LLC
French Valley Airport Center LLC
Grant Deed
—
May 23, 2023
$1,716,000
Willcar Holdings LLC
French Valley Airport Center LLC
Grant Deed
—
Mar 29, 2023
$4,293,000
Radzlin Fv LLC
French Valley Airport Center LLC
Grant Deed
—
Feb 14, 2023
$1,341,000
Joseph D Dennis III
French Valley Airport Center LLC
Grant Deed
—
Sep 18, 2018
—
French Valley Airport Center L
Rench Valley Airport Center Ll
Quit Claim Deed
related
—
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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