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Property profile & analytics
OFF-MARKET
Commercial land
40389 Mayberry Ave Hemet, CA 92544-8745
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4654801
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.05 ac (2,178 SF)
Zoning code
R3
APN
447-140-030
UPID
US09-4654801
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
-
Mayberry Colony Apartments Apartment Complex
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Mayberry Colony Apts INC · 20 yrs held
Mayberry Colony Apts INC
since 2005
7 recorded transactions
Zoning & alternative use
R3 · 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$113
Tax year 2024
Assessed value
$9,035
Assessed 2024
Previous assessed
$9,035
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$9,035
Applied tax rate
71.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.05 ac (2,178 SF)
Zoning code
R3
APN
447-140-030
UPID
US09-4654801
Jurisdiction
RIVERSIDE
Zoning & alternative use
R3 · Hemet, CA
Zoning R3 · permitted uses
R3 · 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
Heating
NONE
Lot
0.05 ac
Current owner
From public records · entity-resolved
Mayberry Colony Apts INC
Entity
Mailing address
2016 RIVERSIDE DR, LOS ANGELES, CA 90039-3707
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
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
Aug 18, 2005
—
Mayberry Colony Apts INC
J K Properties INC
Grant Deed
$4,480,000 · Pnc Multifamily Finance INC
Jan 29, 2002
—
Mayberry Colony Apts INC
Rushford LLC
Grant Deed
related
—
Sep 30, 1999
—
Rushford LLC
—
Deed Of Trust
related
$1,984,000 · Capri Capital Dus LLC
Aug 9, 1996
$1,900,000
Richard A Holle
Mayberry Colony Enterprises
Grant Deed
$1,330,000 · Southern Pacific Thrift & Loan
Apr 20, 1995
—
Colony Ents Mayberry
Mayberry,colony Ents
Quit Claim Deed
related
—
Jul 22, 1994
$1,200,000
J R Parrish
Ana Real Estate
Grant Deed
—
Apr 17, 1992
$183,500
Ana Real Estate
Hemet Dev Partne
Grant Deed
—
May 1, 1990
$162,000
Moore Robert E
Presley Co
Grant Deed
$129,550 · Directors Mortgage Loan Corp
—
—
Mayberry Colony Enterprises
—
Deed Of Trust
related
$500,000 · Feldman Trust
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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