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Property profile & analytics
FOR LEASE
Medical Office Space
40700 California Oaks Rd Murrieta, CA 92562
Entity Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4380672
For Lease
1 / 3
$27 SF/Yr
40700 California Oaks Rd, Murrieta, CA 92562
View Listing →
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2003
Construction
WOOD
Total area
19,588 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CC
APN
949-470-036
UPID
US09-4380672
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
-
Marla Vander Kallen Registered General Nurse
-
Patricia Jones Counselor
-
Wild at Heart Birth Center Midwife Birth Center
-
Sheree Wittman Foster Care Service Social Service Agency
-
Ruby P. Arellano, RRW Physician
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.73M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.08M
Blend (final)
Blend
$7.89M
Owner & transaction history
Ajusta Investments LLC · 5 yrs held
Ajusta Investments LLC
since 2021
Last sale
$7.2M
7 recorded transactions
Zoning & alternative use
CC · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$12.2M
+54.9%
Auto repair, garage
$8.5M
+7.7%
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 Murrieta submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Murrieta 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
$8,295,000
ML approach
$7,725,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$7,850,000
Current use
RESTAURANT
$12,160,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$8,460,000
Change: +8% · Conversion: Difficult
OFFICE BUILDING
$6,730,000
Change: -14% · Conversion: Easy
Blend value · Realmo final
$7.89M
Range $7.10M – $8.67M · ±10% · vs last sale $7.16M (Jun 10 2021)
Last sale anchor
$7.16M
Jun 10 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
$403 / 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
$95,670
Tax year 2024
Assessed value
$7,600,902
Assessed 2024
Previous assessed
$7,600,902
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$2,281,597
Assessed improvement
$5,319,305
Applied tax rate
24.0000
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
For Lease
Year built
2003
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
19,588 SF
Lot
1.37 ac (59,677 SF)
Zoning code
CC
APN
949-470-036
UPID
US09-4380672
Jurisdiction
RIVERSIDE
Zoning & alternative use
CC · Murrieta, CA
Zoning CC · permitted uses
CC · Murrieta, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Murrieta. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING Current
Est. value
$7.9M
RESTAURANT
Est. value
$12.2M
AUTO REPAIR, GARAGE
Est. value
$8.5M
OFFICE BUILDING
Est. value
$6.7M
MEDICAL BUILDING Current
RESTAURANT
AUTO REPAIR, GARAGE
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
2003
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
1.37 ac
Current owner
From public records · entity-resolved
Ajusta Investments LLC
Entity
Mailing address
6525 DORAL ST, CHOWCHILLA, CA 93610-8492
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
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 10, 2021
$7,162,500
Ajusta Investments LLC
726 Devon Court LLC
Grant Deed
$3,000,000 · Standard Insurance Co
Oct 31, 2017
$5,900,000
726 Devon Court LLC
Arcadia Plaza Investors LLC
Grant Deed
$3,867,500 · Tiaa Fsb
Aug 30, 2017
—
Arcadia Plaza Investors LLC
—
Deed
related
$2,900,000 · South County Bank NA
Aug 21, 2007
—
Arcadia Plaza Investors LLC
Murrieta Professional Plaza LLC
Grant Deed
$2,700,000 · Jpmorgan Chase Bank NA
Dec 19, 2003
—
Proffessional Plaza L Murrieta
—
Trustees Deed
related
$3,000,000 · Commercial Bank Of California
Jul 23, 2001
—
Professional Plaza Murrieta
Bianchi Develop
Grant Deed
related
—
—
—
Murrieta Professional Plz LLC
—
Deed Of Trust
related
$2,958,333 · Commercial Bank Of California
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.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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