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Property profile & analytics
OFF-MARKET
Estimated value
$680,000
Medical Office Space
3770 Myers St, Riverside, CA 92503-4279
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US10-2459782
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1912
Construction
TILT-UP CONCRETE
Total area
2,365 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C3
APN
234-092-006
UPID
US10-2459782
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
-
Inland Valley Hospice Nursing Home
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$565k
CAP Approach
CAP
$615k
Comparable Approach
Comparable
$811k
Blend (final)
Blend
$680k
Owner & transaction history
Defoe Properties LLC · 2 yrs held
Defoe Properties LLC
since 2023
Last sale
$725,000
7 recorded transactions
Zoning & alternative use
C3 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+51.8%
Retail stores
$795,000
+15.0%
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 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
$630,000
ML approach
$565,000
CAP Approach
CAP Return
Estimation
6%
$670,000
6.5%
$615,000
7%
$575,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$690,000
Current use
AUTO REPAIR, GARAGE
$1,050,000
Change: +52% · Conversion: Difficult
RETAIL STORES
$795,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$660,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$560,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$680k
Range $612k – $748k · ±10% · vs last sale $725k (Jul 19 2023)
Last sale anchor
$725k
Jul 19 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
$288 / 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
$8,039
Tax year 2024
Assessed value
$725,000
Assessed 2024
Previous assessed
$725,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$150,000
Assessed improvement
$575,000
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
Medical Office Space
Use group
MEDICAL BUILDING
Status
Off-Market
Year built
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
2,365 SF
Lot
0.14 ac (6,098 SF)
Zoning code
C3
APN
234-092-006
UPID
US10-2459782
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Riverside, CA
Zoning C3 · permitted uses
C3 · 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
MEDICAL BUILDING Current
Est. value
$690,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
RETAIL STORES
Est. value
$795,000
WAREHOUSE, STORAGE
Est. value
$660,000
OFFICE BUILDING
Est. value
$560,000
MEDICAL BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE 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
1912
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.14 ac
Current owner
From public records · entity-resolved
Defoe Properties LLC
Entity
Free & Clear · 2 yrs held
Mailing address
8651 FOOTHILL BLVD SPC #202, RANCHO CUCAMONGA, CA 91730-3326
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 24, 2025
—
Defoe Properties LLC
—
Deed
related
$350,000 · Avalon Sunsets LLC
Jul 19, 2023
$725,000
Defoe Properties LLC
Megger LLC
Grant Deed
—
Jan 22, 2007
—
Megger LLC
K L Allen R/e B Trust
Quit Claim Deed
related
—
Mar 18, 1999
—
K L Allen Rl Est Tr Etal
Allen,katherine L
Quit Claim Deed
related
—
Jan 15, 1999
$175,000
Katherine L Allen
Hewitt,charles S & Theresa L
Grant Deed
$157,500 · Headlands Mortgage
Aug 29, 1997
$71,250
Charles S Hewitt
Hud
Grant Deed
—
Jul 12, 1996
$146,883
Countrywide Home Loans INC
Partida,juan J
Trustees Deed
related
—
Jul 1, 1996
$250
New Haven Corp
Partida,juan J
Grant Deed
related
—
Nov 8, 1993
$139,000
Juan J Partida
Continental Corp
Grant Deed
$137,778 · Diamond Financial
Nov 3, 1993
$65,000
Continental Corp Ltd
Johnson,florence
Grant Deed
$50,000 · Seller
—
—
Juan J Partida
—
Deed Of Trust
related
$15,000 · Individual
—
—
Juan J Partida
—
Deed Of Trust
related
$75,000 · Individual
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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