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Property profile & analytics
OFF-MARKET
Estimated value
$1,200,000
Warehouses
41605 Elm St Murrieta, CA 92562-7082
Entity Owned
9-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5321208
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
WOOD
Total area
2,779 SF
Lot
5.59 ac (243,500 SF)
Zoning code
G1
APN
909-060-094
UPID
US09-5321208
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
-
U-Haul Neighborhood Dealer Car Rental Facility
-
Ranpac Self Storage Storage Facility
-
All the Way Hauling Waste Management Facility
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.22M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.20M
Owner & transaction history
Elm Storage LLC · 9 yrs held
Elm Storage LLC
since 2017
7 recorded transactions
Zoning & alternative use
G1 · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.2M
+46.1%
Medical building
$1.1M
+35.6%
Office building
$955,000
+16.3%
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
$1,215,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$820,000
Current use
AUTO REPAIR, GARAGE
$1,200,000
Change: +46% · Conversion: Easy
MEDICAL BUILDING
$1,115,000
Change: +36% · Conversion: Difficult
OFFICE BUILDING
$955,000
Change: +16% · Conversion: Difficult
RETAIL STORES
$780,000
Change: -5% · Conversion: Moderate
Blend value · Realmo final
$1.20M
Range $1.08M – $1.32M · ±10%
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
$432 / 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
$149,028
Tax year 2024
Assessed value
$11,925,745
Assessed 2024
Previous assessed
$11,925,745
+0.0% YoY
Effective rate
1.25%
On assessed value
Assessed land
$2,899,254
Assessed improvement
$9,026,491
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Buildings
3
Stories
2
Units
3
Total area
2,779 SF
Lot
5.59 ac (243,500 SF)
Zoning code
G1
APN
909-060-094
UPID
US09-5321208
Jurisdiction
RIVERSIDE
Zoning & alternative use
G1 · Murrieta, CA
Zoning G1 · permitted uses
G1 · 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
WAREHOUSE, STORAGE Current
Est. value
$820,000
AUTO REPAIR, GARAGE
Est. value
$1.2M
MEDICAL BUILDING
Est. value
$1.1M
OFFICE BUILDING
Est. value
$955,000
RETAIL STORES
Est. value
$780,000
WAREHOUSE, STORAGE Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
OFFICE BUILDING
RETAIL STORES
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
2004
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
2
Buildings
3
Units
3
Lot
5.59 ac
Current owner
From public records · entity-resolved
Elm Storage LLC
Entity
Mailing address
23644 CLINTON KEITH RD STE #107, MURRIETA, CA 92562-8557
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 8, 2021
—
Elm Storage LLC
—
Deed
related
$8,500,000 · Minnesota Life Insurance Company
May 24, 2017
—
Diaz Storage LLC
—
Deed
related
$2,000 · Miscellaneous Ins Co
May 2, 2017
—
Elm Storage LLC
Sunny Sage LLC
Grant Deed
—
Mar 31, 2017
$8,050,000
Sunny Sage LLC
Se Murrieta LLC
Grant Deed
$525,000 · Private Individual
Dec 29, 2016
—
Se Murrieta LLC
—
Deed
related
$4,768,900 · Private Individual
Sep 19, 2016
—
Se Murrieta LLC
Dmpr 4 LLC
Quit Claim Deed
$4,630,000 · Barclays Bk/plc
Aug 27, 2014
—
Dmpr 4 LLC
Murrieta Mini Storage INC
Grant Deed
$17,050,000 · Ge Capital Bank
Jun 19, 2014
—
City Of Murrieta
Murrieta Mini Storage INC
Quit Claim Deed
—
—
—
Murrieta Mini Storage INC
—
Deed Of Trust
related
$3,400,000 · Bank Of Hemet
—
—
Murrieta Mini Storage INC
—
Loan Modification
related
—
—
—
Se Murrieta LLC
—
Deed Of Trust
related
$4,768,900 · Private Individual
—
—
Diaz Storage LLC
—
Deed Of Trust
related
$2,000 · Miscellaneous Ins Co
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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