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Property profile & analytics
OFF-MARKET
Estimated value
$1,935,000
Retail space
40770 California Oaks Rd Murrieta, CA 92562-5794
Entity Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3129884
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2000
Construction
WOOD
Total area
6,400 SF
Lot
0.58 ac (25,264 SF)
APN
949-470-027
UPID
US09-3129884
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
-
Murrietta Dental Group: Chan Gary DDS Dental Office
-
Murrietta Dental Group: Chiakowsky Jason DDS Dental Office
-
Izadi Kouros DDS Dental Office
-
Soleiman Bobby DDS Dental Office
-
Contreras Maria X DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.04M
CAP Approach
CAP
$1.99M
Comparable Approach
Comparable
$2.09M
Blend (final)
Blend
$1.94M
Owner & transaction history
Oshodi Medical Corporation · 4 yrs held
Oshodi Medical Corporation
since 2021
Last sale
$1.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$2.8M
+54.1%
Medical building
$2.6M
+43.1%
Office building
$2.2M
+22.7%
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
$2,285,000
ML approach
$2,035,000
CAP Approach
CAP Return
Estimation
6%
$2,150,000
6.5%
$1,985,000
7%
$1,845,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,795,000
Current use
AUTO REPAIR, GARAGE
$2,765,000
Change: +54% · Conversion: Difficult
MEDICAL BUILDING
$2,565,000
Change: +43% · Conversion: Difficult
OFFICE BUILDING
$2,200,000
Change: +23% · Conversion: Easy
Blend value · Realmo final
$1.94M
Range $1.74M – $2.13M · ±10% · vs last sale $1.60M (Dec 16 2020)
Last sale anchor
$1.60M
Dec 16 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
$302 / 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
$22,863
Tax year 2024
Assessed value
$1,849,047
Assessed 2024
Previous assessed
$1,849,047
+0.0% YoY
Effective rate
1.24%
On assessed value
Assessed land
$424,483
Assessed improvement
$1,424,564
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
6,400 SF
Lot
0.58 ac (25,264 SF)
APN
949-470-027
UPID
US09-3129884
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$1.8M
AUTO REPAIR, GARAGE
Est. value
$2.8M
MEDICAL BUILDING
Est. value
$2.6M
OFFICE BUILDING
Est. value
$2.2M
RETAIL STORES Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
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
2000
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.58 ac
Current owner
From public records · entity-resolved
Oshodi Medical Corporation
Entity
Mailing address
40770 CALIFORNIA OAKS RD, MURRIETA, CA 92562-5794
Mailing matches property
Yes
Owner-occupied
Yes
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
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 10, 2021
—
Oshodi Medical Corporation
Kayode Oshodi Properties LLC
Lease
$856,000 · The Mortgage Capital Development Corp
Dec 16, 2020
$1,600,000
Kayode Oshodi Properties LLC
California Oaks Group LLC
Grant Deed
$1,085,000 · Bank Of The West
Oct 29, 2019
—
California Oaks Group LLC
—
Deed
related
$600,000 · Western Alliance Bk
Jul 27, 1998
$200,000
California Oaks Group LLC
Oak Properties 2 LLC
Grant Deed
—
—
—
California Oaks Group LLC
—
Deed Of Trust
related
$390,000 · City National Bank
—
—
California Oaks Group LLC
—
Loan Modification
related
$600,000 · Western Alliance Bk
—
—
California Oaks Group LLC
—
Deed Of Trust
related
$600,000 · Torrey Pines Bank
—
—
California Oaks Group LLC
—
Deed Of Trust
related
$400,000 · Premier Com'l Bk NA
—
—
California Oaks Group LLC
—
Deed Of Trust
related
$245,750 · Torrey Pines Bank
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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