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Property profile & analytics
OFF-MARKET
Estimated value
$825,000
Medical Office Space
3908 10th St Riverside, CA 92501-3522
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2178330
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1978
Construction
TILT-UP CONCRETE
Total area
3,144 SF
Lot
0.46 ac (20,037 SF)
Zoning code
C2
APN
215-082-028
UPID
US09-2178330
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
-
Lindsay Aho, DPT Physician
-
Brockton Physical Therapy Medical Clinic
-
Lucinda R. Downey, DPT Physician
-
Mansoor A Pt Al Ameri Physician
-
Sandra E. Perez, MSN Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$770k
CAP Approach
CAP
$835k
Comparable Approach
Comparable
$973k
Blend (final)
Blend
$825k
Owner & transaction history
Tphysio & Associates LLC · 5 yrs held
Tphysio & Associates LLC
since 2020
Last sale
$850,000
7 recorded transactions
Zoning & alternative use
C2 · Riverside, 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 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
$510,000
ML approach
$770,000
CAP Approach
CAP Return
Estimation
6%
$905,000
6.5%
$835,000
7%
$775,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$920,000
Current use
WAREHOUSE, STORAGE
$880,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$850,000
Change: -7% · Conversion: Easy
RETAIL STORES
$845,000
Change: -8% · Conversion: Difficult
Blend value · Realmo final
$825k
Range $743k – $908k · ±10% · vs last sale $850k (Dec 29 2020)
Last sale anchor
$850k
Dec 29 2020
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
$262 / 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
$10,169
Tax year 2024
Assessed value
$902,026
Assessed 2024
Previous assessed
$902,026
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$318,362
Assessed improvement
$583,664
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
3,144 SF
Lot
0.46 ac (20,037 SF)
Zoning code
C2
APN
215-082-028
UPID
US09-2178330
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
MEDICAL BUILDING Current
Est. value
$920,000
WAREHOUSE, STORAGE
Est. value
$880,000
OFFICE BUILDING
Est. value
$850,000
RETAIL STORES
Est. value
$845,000
MEDICAL BUILDING Current
WAREHOUSE, STORAGE
OFFICE BUILDING
RETAIL STORES
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.46 ac
Current owner
From public records · entity-resolved
Tphysio & Associates LLC
Entity
Mailing address
3908 10TH ST, RIVERSIDE, CA 92501-3522
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
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
Dec 29, 2020
$850,000
Tphysio & Associates LLC
Richard P Perez
Grant Deed
$437,000 · Pacific Enterprise Bank
Mar 11, 2015
—
Family Trust Of Richard Paul Perez
Richard P Perez
Intrafamily Transfer
related
$242,000 · Wells Fargo Bank NA
Apr 14, 1998
—
Richard P Etal Perez
Perez,richard P Etux
Quit Claim Deed
related
—
Dec 8, 1995
$640,000
Richard P Perez
Erwin,rship
Grant Deed
—
Jun 14, 1993
$255,000
Erwin Family Ptshp
Riverside City E
Grant Deed
—
—
—
Richard P Perez
—
Deed Of Trust
related
$160,000 · Cdc Small Business Finance Co
—
—
Perez R P & S E Family Trust
—
Deed Of Trust
related
$350,000 · Provident Savings Bank
—
—
Perez R P & S E Family Trust
—
Deed Of Trust
related
$328,000 · Key Bank NA
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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