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Property profile & analytics
FOR SALE
Office buildings
43471 Ridge Park Dr Temecula, CA 92590
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-1977338
For Sale
1 / 18
$3,989,000
43471 Ridge Park Dr, Temecula, CA 92590
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2004
Construction
WOOD
Total area
9,185 SF
Lot
1 ac (43,560 SF)
APN
940-310-034
UPID
US09-1977338
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
-
Dyer Insurance Agency Insurance Agency
-
Temecula Financial Services, Inc Tax Preparation
-
Kimmen & Debra Torehov Real Estate Agency
-
California Realty and Mortgage Group Loan Service Bank
-
Granite Wealth Advisors Financial Advisor
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.58M
CAP Approach
CAP
$2.13M
Comparable Approach
Comparable
$3.06M
Blend (final)
Blend
$2.58M
Owner & transaction history
Newman Global Holdings LLC · 3 yrs held
Newman Global Holdings LLC
since 2022
Last sale
$3.6M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$4.0M
+99.2%
Warehouse, storage
$2.7M
+36.3%
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 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
$2,535,000
ML approach
$2,580,000
CAP Approach
CAP Return
Estimation
6%
$2,305,000
6.5%
$2,125,000
7%
$1,975,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,990,000
Current use
AUTO REPAIR, GARAGE
$3,965,000
Change: +99% · Conversion: Difficult
WAREHOUSE, STORAGE
$2,715,000
Change: +36% · Conversion: Difficult
Blend value · Realmo final
$2.58M
Range $2.32M – $2.83M · ±10% · vs last sale $3.60M (Sep 2 2022)
Last sale anchor
$3.60M
Sep 2 2022
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
$280 / 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
$34,379
Tax year 2024
Assessed value
$3,060,000
Assessed 2024
Previous assessed
$3,060,000
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$765,000
Assessed improvement
$2,295,000
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
Office buildings
Use group
OFFICE BUILDING
Status
For Sale
Year built
2004
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
9,185 SF
Lot
1 ac (43,560 SF)
APN
940-310-034
UPID
US09-1977338
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
OFFICE BUILDING Current
Est. value
$2.0M
AUTO REPAIR, GARAGE
Est. value
$4.0M
WAREHOUSE, STORAGE
Est. value
$2.7M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
WAREHOUSE, STORAGE
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
1
Lot
1 ac
Current owner
From public records · entity-resolved
Newman Global Holdings LLC
Entity
Mailing address
43453 AVENIDA FELICITA, TEMECULA, CA 92592-9096
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2022
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
Mar 24, 2026
—
Newman Global Holdings LLC
—
Deed
related
$750,000 · The Carrington Company
May 3, 2024
—
Newman Global Holdings LLC
—
Deed
related
$600,000 · The Lucas Family Trust
Sep 2, 2022
$3,600,000
Newman Global Holdings LLC
Crystal Ridge Heights LLC
Grant Deed
—
Mar 15, 2021
—
Crystal Ridge Development LLC
—
Deed
related
$1,730,753 · Jaeger Family Trust
Aug 10, 2001
$277,500
Crystal Ridge Development LLC
Merken,charles & Linda
Grant Deed
—
May 19, 2000
—
Charles Merken
—
Deed Of Trust
related
$1,870,000 · Sanwa Bank California
Dec 17, 1997
—
Charles Merken
—
Grant Deed
related
$701,500 · Temecula Valley National Bank
Jan 24, 1997
$150,000
Charles Marken
Mountainview Assoc
Grant Deed
—
Sep 1, 1989
$1,296,181
Mountainview Ass
Preferred Equiti
Grant Deed
$4,245,000 · California Commerce Bank
—
—
Mountainview Ass
—
Deed Of Trust
related
$200,000 · Individual
—
—
Crystal Ridge Development LLC
—
Deed Of Trust
related
$1,000,000 · Jaeger Trust
—
—
Charles Merken
—
Deed Of Trust
related
$50,000 · Temecula Valley National 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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