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Property profile & analytics
OFF-MARKET
Estimated value
$7,550,000
Medical Office Space
41549 Kalmia St Murrieta, CA 92562-9597
Trust Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4546551
Property profile
Verified
Property type
Medical Office Space
Use group
MEDICAL BUILDING
Year built
2020
Construction
WOOD
Total area
13,027 SF
Lot
2.19 ac (95,396 SF)
Zoning code
MU-3
APN
906-060-049
UPID
US09-4546551
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
-
Fresenius Kidney Care Murrieta Medical Clinic
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$7.58M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$7.56M
Blend (final)
Blend
$7.55M
Owner & transaction history
Miller,gorgdon Living Trust · 6 yrs held
Miller,gorgdon Living Trust
since 2020
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
MU-3 · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$11.2M
+114.8%
Restaurant
$8.1M
+54.9%
Auto repair, garage
$5.6M
+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
by Request
ML approach
$7,575,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
MEDICAL BUILDING
$5,220,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$11,215,000
Change: +115% · Conversion: Difficult
RESTAURANT
$8,085,000
Change: +55% · Conversion: Difficult
AUTO REPAIR, GARAGE
$5,625,000
Change: +8% · Conversion: Difficult
Blend value · Realmo final
$7.55M
Range $6.80M – $8.31M · ±10% · vs last sale $7.53M (Jun 19 2020)
Last sale anchor
$7.53M
Jun 19 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
$580 / 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
$87,492
Tax year 2024
Assessed value
$7,844,119
Assessed 2024
Previous assessed
$7,844,119
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,051,261
Assessed improvement
$5,792,858
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
Off-Market
Year built
2020
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
13,027 SF
Lot
2.19 ac (95,396 SF)
Zoning code
MU-3
APN
906-060-049
UPID
US09-4546551
Jurisdiction
RIVERSIDE
Zoning & alternative use
MU-3 · Murrieta, CA
Zoning MU-3 · permitted uses
MU-3 · 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
$5.2M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$11.2M
RESTAURANT
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$5.6M
MEDICAL BUILDING Current
NEIGHBORHOOD: SHOPPING CENTER
RESTAURANT
AUTO REPAIR, GARAGE
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
2020
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
2.19 ac
Current owner
From public records · entity-resolved
Miller,gorgdon Living Trust
Trust
Free & Clear · 6 yrs held
Mailing address
14400 METCALF AVE, OVERLAND PARK, KS 66223-2989
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2020
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
Jun 14, 2021
—
Gordon Miller
—
Deed
related
$3,700,000 · Boston Mutual Life Insurance Co
Jun 19, 2020
$7,528,500
Miller,gorgdon Living Trust
Development Fmc Murrieta Cross
Grant Deed
—
Jun 19, 2020
—
Miller,gordon Living Trust
—
Deed
related
$3,653,396 · Cross Development LLC
Oct 18, 2018
—
Cross Dev Fmc Murrieta LLC
—
Trustees Deed
related
—
Mar 6, 2017
$675,000
Cross Development Fmc Murrieta LLC
Nasir M Safi
Grant Deed
$3,254,000
Nov 14, 2012
$470,000
Mena Sadat
Tpac LLC
Grant Deed
$235,000 · Hallmark Communities INC 401k
Mar 10, 2006
—
Dm Russ LLC
Russ,diane
Quit Claim Deed
—
Oct 22, 2002
$748,000
Diane Russ
Bartow,tr
Grant Deed
$400,000 · Clark Trust
—
—
Landmark Bk
—
Loan Modification
related
$3,554,000 · Cross Development LLC
—
—
Miller,gordon Living Trust
—
Loan Modification
related
$3,653,396 · Cross Development LLC
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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