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Property profile & analytics
OFF-MARKET
Estimated value
$2,875,000
Office buildings
43620 Rdg Park Dr Temecula, CA 92590-5520
Entity Owned
5-yr Hold
~
Est. High Equity
Property ID
US09-2591528
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2005
Construction
TILT-UP CONCRETE
Total area
18,972 SF
Lot
0.95 ac (41,382 SF)
Zoning code
BP
APN
940-310-053
UPID
US09-2591528
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
-
Warburton properties Real Estate Agency
-
Ride Share Parking Lot & Garage
-
Don Mangus | eXp Realty of Southern California Real Estate Agency
-
Warburton Properties Real Estate Agency
-
HR PAYROLL-Workers Comp-Benefits &Temps- Empire Staffing Services Employment Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$1.99M
Blend (final)
Blend
$2.88M
Owner & transaction history
Grupo Cornejo LLC · 5 yrs held
Grupo Cornejo LLC
since 2021
7 recorded transactions
Zoning & alternative use
BP · 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%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,115,000
Current use
Blend value · Realmo final
$2.88M
Range $2.59M – $3.16M · ±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
$152 / 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
$52,393
Tax year 2024
Assessed value
$4,616,254
Assessed 2024
Previous assessed
$4,616,254
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,432,630
Assessed improvement
$3,183,624
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
Off-Market
Year built
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
3
Total area
18,972 SF
Lot
0.95 ac (41,382 SF)
Zoning code
BP
APN
940-310-053
UPID
US09-2591528
Jurisdiction
RIVERSIDE
Zoning & alternative use
BP · Temecula, CA
Zoning BP · permitted uses
BP · 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
OFFICE BUILDING Current
Est. value
$4.1M
OFFICE BUILDING 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
2005
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
3
Lot
0.95 ac
Current owner
From public records · entity-resolved
Grupo Cornejo LLC
Entity
Mailing address
43620 RDG PARK DR, TEMECULA, CA 92590-5520
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 5, 2021
$4,350,000
Grupo Cornejo LLC
Arturo Cisneros
Quit Claim Deed
related
$2,207,000 · Cit Bank NA
Mar 5, 2021
—
Grupo Cornejo LLC
—
Deed
related
$1,788,000 · Business Finance Capital
Mar 9, 2018
—
Ridge Park Point LLC
Ridge Park Point LLC
Quit Claim Deed
related
$1,462,900 · Sacramento Bk/cmrc
Aug 8, 2016
—
Ridge Park Point LLC
—
Deed
related
$1,474,000 · Bay Area Employment Dev
Oct 30, 2015
$3,350,000
Ridge Park Point LLC
Ridge Park LLC
Grant Deed
$1,800,000 · Sacramento Bk/cmrc
Sep 8, 2004
—
Ridge Park LLC
Ejd Properties LLC
Grant Deed
$3,400,000 · Temecula Valley Bank NA
Mar 4, 2003
$206,000
Ejd Properties LLC
Intense Cycles INC
Grant Deed
—
Feb 22, 2000
$163,500
Intense Cycles INC
Crystal Ridge Development LLC
Grant Deed
—
Oct 27, 1998
$848,000
Crystal Ridge Development LLC
John A Svenningsen Estate
Grant Deed
$635,700 · San Diego National Bank
—
—
Intense Cycles INC
—
Deed Of Trust
related
$83,000 · Sunrise Bank Arizona
—
—
Ridge Park Point LLC
—
Deed Of Trust
related
$1,474,000 · Bay Area Employment Dev
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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