Back to Search
Property profile & analytics
OFF-MARKET
Commercial land
423 6th St Norco, CA 92860-1759
Individually Owned
2-yr Hold
Free & Clear
Property ID
US10-3241589
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.4 ac (17,424 SF)
Zoning code
C2
APN
133-160-026
UPID
US10-3241589
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
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
Nicolae Daniel Ursu · 2 yrs held
Nicolae Daniel Ursu
since 2024
Last sale
$238,000
7 recorded transactions
Zoning & alternative use
C2 · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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
$3,013
Tax year 2024
Assessed value
$270,800
Assessed 2024
Previous assessed
$270,800
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$270,800
Applied tax rate
15.0000
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
0.4 ac (17,424 SF)
Zoning code
C2
APN
133-160-026
UPID
US10-3241589
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Norco, CA
Zoning C2 · permitted uses
C2 · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.4 ac
Current owner
From public records · entity-resolved
Nicolae Daniel Ursu
Individual
Free & Clear · 2 yrs held
Mailing address
423 6TH ST, NORCO, CA 92860-1759
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2024
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
Jan 10, 2024
—
Nicolae Daniel Ursu
Nicolae Ursu
Intrafamily Transfer
related
—
Apr 24, 2017
$238,000
Nicolae Ursu
Lin Parker & NA Soon Living
Grant Deed
—
Jul 20, 2011
$75,000
Lin P H & NA S L Living Trust
Estate Finl INC
Quit Claim Deed
related
—
Dec 7, 2009
$175,000
Estate Finl
First American Loanstar Te
Trustees Deed
related
—
Sep 14, 2007
—
Madison Gardens Inv Group LLC
Morales,brian T
Quit Claim Deed
related
—
Jul 16, 2007
—
Morales,brian T
Morales,kim M
Quit Claim Deed
related
—
Jul 6, 2007
—
Brian T Morales
Hubler,david N
Grant Deed
$1,536,856 · Estate Financial INC
Jan 17, 2007
—
Morales,brian
Morales,kim
Quit Claim Deed
related
—
Jan 17, 2007
$357,500
David Nathan Hubler
Gerald P Anker
Grant Deed
$178,000 · Allstar Financial Services INC
Apr 30, 2001
$100,000
Gerald P Anker
Miller,hubert & Darlene
Grant Deed
$170,000 · Harold A & Josephine T
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 423 6th St?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
