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Property profile & analytics
OFF-MARKET
Estimated value
$995,000
Medical Office Space
4000 Tyler St Riverside, CA 92503-3458
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2957510
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
1976
Construction
TILT-UP CONCRETE
Total area
4,200 SF
Lot
0.35 ac (15,245 SF)
Zoning code
CR
APN
143-150-045
UPID
US09-2957510
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
-
Dr.Jeong Kim Dental Office
-
Today Dental Dental Office
-
SoCal Optometry Physician
-
Michael J. Hensley, OD Physician
-
Dr. Bryan Gironella Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$690k
CAP Approach
CAP
$1.10M
Comparable Approach
Comparable
$1.19M
Blend (final)
Blend
$995k
Owner & transaction history
Mirone Holdings LLC · 5 yrs held
Mirone Holdings LLC
since 2021
Last sale
$1.0M
7 recorded transactions
Zoning & alternative use
CR · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$1.4M
+15.0%
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
by Request
ML approach
$690,000
CAP Approach
CAP Return
Estimation
6%
$1,185,000
6.5%
$1,095,000
7%
$1,015,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$1,225,000
Current use
RETAIL STORES
$1,410,000
Change: +15% · Conversion: Difficult
WAREHOUSE, STORAGE
$1,175,000
Change: -4% · Conversion: Difficult
OFFICE BUILDING
$995,000
Change: -19% · Conversion: Easy
Blend value · Realmo final
$995k
Range $896k – $1.09M · ±10% · vs last sale $1.00M (May 14 2021)
Last sale anchor
$1.00M
May 14 2021
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
$237 / 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
$13,157
Tax year 2024
Assessed value
$1,061,207
Assessed 2024
Previous assessed
$1,061,207
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$275,914
Assessed improvement
$785,293
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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
4,200 SF
Lot
0.35 ac (15,245 SF)
Zoning code
CR
APN
143-150-045
UPID
US09-2957510
Jurisdiction
RIVERSIDE
Zoning & alternative use
CR · Riverside, CA
Zoning CR · permitted uses
CR · 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
$1.2M
RETAIL STORES
Est. value
$1.4M
WAREHOUSE, STORAGE
Est. value
$1.2M
OFFICE BUILDING
Est. value
$995,000
MEDICAL BUILDING Current
RETAIL STORES
WAREHOUSE, STORAGE
OFFICE 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
1976
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
0.35 ac
Current owner
From public records · entity-resolved
Mirone Holdings LLC
Entity
Mailing address
628 PEACHWOOD PL, RIVERSIDE, CA 92506-6502
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 16, 2024
—
Mirone Holdings LLC
—
Deed
related
$1,000,000 · Enterprise Bank & Trust
May 14, 2021
$1,000,000
Mirone Holdings LLC
Charles A Jansen
Grant Deed
$1,017,500 · United Midwest Savings Bank NA
May 14, 2021
—
Charles A Jansen
Charles A Jansen
Correction Deed
related
—
Aug 11, 2020
—
Jansen Family Trust
Charles A Jansen
Quit Claim Deed
related
—
Jun 12, 2013
—
Jansen,charles A
Charles A Jansen Od
Quit Claim Deed
—
Nov 30, 2012
—
Charles A Jansen
Charles A Jansen
Intrafamily Transfer
related
$532,500 · Wells Fargo Bank NA
Apr 13, 2011
—
Jansen,charles A
Charles A Jansen Od
Quit Claim Deed
—
Sep 6, 1996
$205,000
Charles A Jansen
Butterworth,elaine L
Grant Deed
$435,000 · Money Store Investment Corp
—
—
Jansen,charles A
—
Deed Of Trust
related
$410,000 · Wells Fargo Bank
—
—
Charles A Jansen Od
—
Deed Of Trust
related
$625,000 · Bank Of America
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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