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Property profile & analytics
OFF-MARKET
Estimated value
$1,310,000
Manufacturing properties
39640 Menlo Ave Hemet, CA 92543
Trust Owned
5-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3227147
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1972
Construction
TILT-UP CONCRETE
Total area
15,990 SF
Lot
1.95 ac (84,942 SF)
Zoning code
M1
APN
439-100-042
UPID
US09-3227147
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
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.43M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.21M
Blend (final)
Blend
$1.31M
Owner & transaction history
Badrani Brothers Asset P Trust · 5 yrs held
Badrani Brothers Asset P Trust
since 2020
Last sale
$1.2M
7 recorded transactions
Zoning & alternative use
M1 · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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
$1,575,000
ML approach
$1,430,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$1.31M
Range $1.18M – $1.44M · ±10% · vs last sale $1.18M (Sep 25 2020)
Last sale anchor
$1.18M
Sep 25 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
$82 / 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
$14,930
Tax year 2024
Assessed value
$1,246,918
Assessed 2024
Previous assessed
$1,246,918
+0.0% YoY
Effective rate
1.20%
On assessed value
Assessed land
$344,892
Assessed improvement
$902,026
Applied tax rate
6.0000
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
1972
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
15,990 SF
Lot
1.95 ac (84,942 SF)
Zoning code
M1
APN
439-100-042
UPID
US09-3227147
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Hemet, CA
Zoning M1 · permitted uses
M1 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1972
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.95 ac
Current owner
From public records · entity-resolved
Badrani Brothers Asset P Trust
Trust
Free & Clear · 5 yrs held
Mailing address
2040 E VLY PKWY, ESCONDIDO, CA 92027-2710
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 25, 2020
$1,175,000
Badrani Brothers Asset P Trust
Romy Richardson
Grant Deed
—
Sep 25, 2020
—
Romy Richardson
Mike Mudaris
Grant Deed
related
—
Jul 20, 2020
$913,805
Romy Richardson
Hemit LLC
Trustees Deed
related
—
Jul 1, 2019
—
Tnk Funding LLC
Kahrobaie,masoud I
Grant Deed
—
Mar 22, 2006
—
Kahrobaie,masoud I
Kahrobaie,farahnaz H
Quit Claim Deed
related
—
Mar 22, 2006
$20,000
Masoud I Kahrobaee
Hemit LLC
Quit Claim Deed
related
—
Apr 23, 2004
$1,000,000
Hemit LLC
Snell,tr
Grant Deed
$782,000 · Snell Trust
Apr 23, 2004
—
Kahrobaie,masoud I
Ghadooshahy,farahnaz H
Quit Claim Deed
related
—
—
—
Snell Larry
—
Deed Of Trust
related
$200,000 · Searl Leonard
—
—
Larry Snell
—
Deed Of Trust
related
$200,000 · Searl Leonard
—
—
Snell Trust
—
Deed Of Trust
related
$505,000 · Owens Financial Group INC
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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