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Property profile & analytics
OFF-MARKET
Estimated value
$1,100,000
Turn key restaurants
403 D St Perris, CA 92570-2134
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-2779825
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1992
Construction
WOOD
Total area
2,721 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2
APN
313-102-001
UPID
US10-2779825
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
-
Taqueria 2 Potrillos Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.10M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.03M
Blend (final)
Blend
$1.10M
Owner & transaction history
Epitasio Serbantes · 2 yrs held
Epitasio Serbantes
since 2024
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
C2 · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
$1,100,000
ML approach
$1,100,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,690,000
Current use
Blend value · Realmo final
$1.10M
Range $990k – $1.21M · ±10% · vs last sale $1.10M (Jun 4 2024)
Last sale anchor
$1.10M
Jun 4 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
$404 / 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
$12,846
Tax year 2024
Assessed value
$1,131,920
Assessed 2024
Previous assessed
$1,131,920
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$257,005
Assessed improvement
$874,915
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1992
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
2,721 SF
Lot
0.24 ac (10,454 SF)
Zoning code
C2
APN
313-102-001
UPID
US10-2779825
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Perris, CA
Zoning C2 · permitted uses
C2 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RESTAURANT Current
Est. value
$1.7M
RESTAURANT 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
1992
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.24 ac
Current owner
From public records · entity-resolved
Epitasio Serbantes
Individual
Mailing address
1719 CRYSTAL RDG CT, RIVERSIDE, CA 92506-5630
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 4, 2024
—
Epitasio Serbantes
Epitasio Serbantes
Intrafamily Transfer
related
$593,500 · Community Commerce Bank
Jan 22, 2019
$1,100,000
Epitasio Serbantes
Rosario Flores
Grant Deed
$660,000 · Federal Hm Lns
Jan 22, 2019
—
Epitasio Serbantes
Yesenia P Arciga
Quit Claim Deed
related
$660,000 · Federal Hm Lns
Nov 19, 2004
—
Flores,rosario
Bp West Coast Products LLC
Grant Deed
related
—
Jan 1, 1990
$152,500
Atlantic Richfie
Westphal Brian
Grant Deed
—
Dec 1, 1989
$152,500
Atlantic Richfie
Westphal Brian
Grant Deed
—
—
—
Rosario Flores
—
Deed Of Trust
related
$388,500 · Sai W Li
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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