Individually Owned Property summary
AI-generated overview
A newly constructed commercial building located in Downtown Perris on a signalized corner with frontage on a high-traffic roadway. The property is configured for possible retail, office, food service, or mixed-use purposes, subject to buyer verification and applicable permitting. It has an approximate building area of 1,848 square feet on an approximately 8,276 square-foot lot and is designed for flexibility as either a single occupancy or partitioned into up to three units. The site provides approximately 12 parking spaces.
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2023
Construction
WOOD
Total area
1,821 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R1
APN
313-131-026
UPID
US09-3568396
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Building Supply
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$55k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$80k
Owner & transaction history
since 2021
Last sale
$85,000
7 recorded transactions
Zoning & alternative use
R1 · Perris, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 6 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$80k
Value range
$72k – $88k
±10% around blend
Estimated value / SF
$44 / SF
Confidence
High
6 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
60
$72k
blend $80k
$88k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
1,821 SF
Lot area
0.19 ac
Year built
2023
Stories
1
APN
313-131-026
Zoning
R1
Assessed value
$442,818
Annual tax
$5,033
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$530k
Weighted, 6 comps · high confidence
Evidence
6 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
11.8 mi away · 1,300 SF
15.0 mi away · 2,160 SF
17.2 mi away · 1,804 SF
18.8 mi away · 2,040 SF
24.6 mi away · 1,960 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$80k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 26 sales
$713
-94%
County 927 sales
$331
-87%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $44/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 6 sales
Market rates by use type
PDF export
Professional plan · 30 reports
from $99/month
from $99/month
Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$85k
Move the market yield to see immediate price impact.
Value / SF
$47
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$5k
$107k
$76k
$60k
$6k
$119k
$85k
$66k
$7k
$131k
$93k
$73k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
6 found
High confidence · county-verified
Closest comparable
$582k
0.3 mi · Jan 2026 · $295/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$5,033
Tax year 2024
Assessed value
$442,818
Assessed 2024
Previous assessed
$442,818
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$94,818
Assessed improvement
$348,000
Applied tax rate
8.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
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
2023
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Bathrooms
0
Total area
1,821 SF
Lot
0.19 ac (8,276 SF)
Zoning code
R1
APN
313-131-026
UPID
US09-3568396
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Perris, CAZoning R1 · permitted uses
R1 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2023
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Bathrooms
0
Lot
0.19 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
R1
Jurisdiction
Perris, CA
Recorded code
R1
Ownership Intelligence
Find the owner behind the property.
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What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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