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Property profile & analytics
OFF-MARKET
Estimated value
$8,410,000
Warehouses
4610 Hedrick Ave Riverside, CA 92505
Entity Owned
16-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3012520
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1989
Construction
TILT-UP CONCRETE
Total area
61,590 SF
Lot
1.65 ac (71,874 SF)
Zoning code
C3S2
APN
143-051-015
UPID
US09-3012520
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
$8.41M
Owner & transaction history
Ps Riverside-hole Ave INC · 16 yrs held
Ps Riverside-hole Ave INC
since 2010
5 recorded transactions
Zoning & alternative use
C3S2 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
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 Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside 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
$137 / 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
$48,741
Tax year 2024
Assessed value
$3,987,434
Assessed 2024
Previous assessed
$3,987,434
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$540,098
Assessed improvement
$3,447,336
Applied tax rate
9.0000
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
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
61,590 SF
Lot
1.65 ac (71,874 SF)
Zoning code
C3S2
APN
143-051-015
UPID
US09-3012520
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3S2 · Riverside, CAZoning C3S2 · permitted uses
C3S2 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Source
COMMERCIAL ZONES HANDOUT A10
Building & site characteristics
From public records
Year built
1989
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
1.65 ac
Current owner
From public records · entity-resolved
Ps Riverside-hole Ave INC
Entity
Mailing address
701 WESTERN AVE, GLENDALE, CA 91201-2349
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
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
Jul 1, 2010
$615,909
Ps Riverside-hole Ave INC
Riverside Storage Partners LLC
Grant Deed
$2,558,684 · Morgan Stanley 2007-iq14 (ct)
Nov 26, 2003
—
Donald L Valk
Valk,jeannine
Quit Claim Deed
$12,750,000 · Wells Fargo Bank
Jun 16, 1997
—
Donald L Valk
Valk,jeannine
Quit Claim Deed
related
—
Jan 22, 1992
—
Donald L Valk
Valk,sharon M
Quit Claim Deed
related
$1,050,000 · Sumitomo Bank
—
—
Sba 2012 Tc Assets LLC
—
Deed Of Trust
related
—
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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