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Property profile & analytics
OFF-MARKET
Estimated value
$4,325,000
Manufacturing properties
42355 Rio Nedoa2 Temecula, CA 92590-3701
Individually Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0174166
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1989
Construction
TILT-UP CONCRETE
Total area
25,070 SF
Lot
1.21 ac (52,707 SF)
Zoning code
L1
APN
909-253-023
UPID
US09-0174166
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
$3.59M
Comparable Approach
Comparable
$5.77M
Blend (final)
Blend
$4.33M
Owner & transaction history
August A Fluegge · 1 yrs held
August A Fluegge
since 2025
Last sale
$4.7M
5 recorded transactions
Zoning & alternative use
L1 · Temecula, 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 Temecula submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Temecula 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
by Request
CAP Approach
CAP Return
Estimation
6%
$3,885,000
6.5%
$3,590,000
7%
$3,330,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$5,370,000
Current use
Blend value · Realmo final
$4.33M
Range $3.89M – $4.76M · ±10% · vs last sale $4.68M (Oct 29 2024)
Last sale anchor
$4.68M
Oct 29 2024
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
$173 / 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
$43,799
Tax year 2024
Assessed value
$3,926,623
Assessed 2024
Previous assessed
$3,926,623
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$892,413
Assessed improvement
$3,034,210
Applied tax rate
13.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1989
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
25,070 SF
Lot
1.21 ac (52,707 SF)
Zoning code
L1
APN
909-253-023
UPID
US09-0174166
Jurisdiction
RIVERSIDE
Zoning & alternative use
L1 · Temecula, CA
Zoning L1 · permitted uses
L1 · Temecula, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Temecula. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$5.4M
INDUSTRIAL (GENERAL) Current
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
1989
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
August A Fluegge
Individual
Mailing address
1141 VIA CALLEJONA, SAN CLEMENTE, CA 92673-6230
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 29, 2025
$4,679,000
August A Fluegge
Sc Rio Nedo LLC
Grant Deed
—
Mar 9, 2018
$3,520,000
Sc Rio Nedo LLC
Bale Investments LLC
Grant Deed
$1,850,000 · East West Bank
Jun 23, 2006
—
Bale Investments LLC
Development Services INC
Grant Deed
$1,450,000 · Wells Fargo Bank NA
—
—
Bale Investments LLC
—
Deed Of Trust
related
$1,193,000 · Cdc Small Business Finance Co
—
—
Bale Investments LLC
—
Deed Of Trust
related
$250,000 · Riverside County (ca)
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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