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Property profile & analytics
OFF-MARKET
Estimated value
$750,000
Grocery and convenience stores
3815 La Sierra Ave Riverside, CA 92505-3591
Entity Owned
2-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3137442
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1966
Construction
TILT-UP CONCRETE
Total area
2,400 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2
APN
142-262-006
UPID
US09-3137442
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
-
T J Mart Grocery & Convenience Store
-
ATM Atm
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$750k
CAP Approach
CAP
$540k
Comparable Approach
Comparable
$583k
Blend (final)
Blend
$750k
Owner & transaction history
Psf Wst Riverside LLC · 2 yrs held
Psf Wst Riverside LLC
since 2024
Last sale
$750,000
7 recorded transactions
Zoning & alternative use
C2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.1M
+24.7%
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
$750,000
ML approach
$750,000
CAP Approach
CAP Return
Estimation
6%
$585,000
6.5%
$540,000
7%
$500,000
Alternative Use
Use
Estimation
RETAIL STORES
$855,000
Current use
AUTO REPAIR, GARAGE
$1,065,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$700,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$750k
Range $675k – $825k · ±10% · vs last sale $750k (Jan 29 2024)
Last sale anchor
$750k
Jan 29 2024
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
$313 / 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
$11,774
Tax year 2024
Assessed value
$750,000
Assessed 2024
Previous assessed
$750,000
+0.0% YoY
Effective rate
1.57%
On assessed value
Assessed land
$265,000
Assessed improvement
$485,000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,400 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2
APN
142-262-006
UPID
US09-3137442
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Riverside, CA
Zoning C2 · permitted uses
C2 · 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
RETAIL STORES Current
Est. value
$855,000
AUTO REPAIR, GARAGE
Est. value
$1.1M
MEDICAL BUILDING
Est. value
$700,000
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL 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
1966
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Psf Wst Riverside LLC
Entity
Free & Clear · 2 yrs held
Mailing address
6502 BLUE VLY LN, DALLAS, TX 75214-2712
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
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
Jan 29, 2024
—
Psf Wst Riverside LLC
Psf Wst Riverside LLC
Intrafamily Transfer
related
—
Jul 10, 2023
$750,000
Psf Wst Riverside LLC
Jasbhinder Singh
Grant Deed
—
Jul 18, 2012
$430,000
Singh,jasbhinder
Lucky Ls LLC
Grant Deed
$301,000 · Bbcn Bk
Nov 19, 2007
—
Lucky Ls LLC
Wang,andrew T
Grant Deed
—
Feb 6, 2004
$400,000
Andrew T Wang
Tktmb LLC
Grant Deed
—
Jul 1, 1989
$490,000
Tien C Fan
Lantzman Marc
Grant Deed
$400,000 · Lantzman Marc
Jun 1, 1989
$310,000
Marc Lantzman
Limandri Rose
Grant Deed
—
—
—
Tien C Fan
—
Deed Of Trust
related
$490,000 · Fan Tien L
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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