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Property profile & analytics
OFF-MARKET
Estimated value
$1,805,000
Manufacturing properties
38860 Sky Cyn Dr Murrieta, CA 92563-2518
Entity Owned
14-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3206916
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2008
Construction
TILT-UP CONCRETE
Total area
9,600 SF
Lot
3.95 ac (172,062 SF)
Zoning code
CR
APN
957-330-009
UPID
US09-3206916
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
-
The Rehab Group, Physical Therapy Medical Clinic
-
Temecula Valley Advanced Medicine Medical Clinic
-
Intazza Coffee Works Cafe & Coffee Shop
-
James Sotis, MD Pediatrician Physician
-
Dr. Jonathan G. Kelling, MD Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.40M
Comparable Approach
Comparable
$2.36M
Blend (final)
Blend
$1.81M
Owner & transaction history
3rdav2010 LP · 14 yrs held
3rdav2010 LP
since 2012
7 recorded transactions
Zoning & alternative use
CR · Murrieta, 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 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
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$1,510,000
6.5%
$1,395,000
7%
$1,295,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$2,255,000
Current use
Blend value · Realmo final
$1.81M
Range $1.62M – $1.99M · ±10%
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
$188 / 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
$27,036
Tax year 2024
Assessed value
$3,774,593
Assessed 2024
Previous assessed
$3,774,593
+0.0% YoY
Effective rate
0.72%
On assessed value
Assessed land
$791,677
Assessed improvement
$2,982,916
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
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
9,600 SF
Lot
3.95 ac (172,062 SF)
Zoning code
CR
APN
957-330-009
UPID
US09-3206916
Jurisdiction
RIVERSIDE
Zoning & alternative use
CR · Murrieta, CA
Zoning CR · permitted uses
CR · Murrieta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrieta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$2.3M
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
2008
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
3.95 ac
Current owner
From public records · entity-resolved
3rdav2010 LP
Entity
Mailing address
1835 S DEL MAR AVE STE #201, SAN GABRIEL, CA 91776-4150
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2012
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
Apr 5, 2012
$2,810,000
3rdav2010 LP
Regent Silverhawk 8 LLC
Grant Deed
—
Mar 25, 2011
—
Regent Silverhawk 8 LLC
Rci Silverhawk 8 LLC
Grant Deed
—
Apr 26, 2007
—
Rci Silverhawk 8 LLC
Silverhawk Investments LLC
Quit Claim Deed
related
—
Oct 31, 2006
—
Silverhawk Investments LLC
—
Trustees Deed
related
$26,000,000 · Citizens Business Bank
Sep 22, 2003
—
Silverhaw Investments LLC
Pulte Home Corp
Grant Deed
$2,850,000 · Pulte Home Corp
—
—
Silverhawk Investments LLC
—
Deed Of Trust
related
$4,000,000 · Key Bank NA
—
—
Rci Silverhawk 8 LLC
—
Deed Of Trust
related
$4,025,000 · Citizens Business Bank
—
—
Rci Silverhawk 8 LLC
—
Deed Of Trust
related
$7,000,000 · Citizens Business Bank
—
—
Rci Silverhawk 8 LLC
—
Deed Of Trust
related
$4,891,142 · Citizens Business Bank
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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