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Property profile & analytics
OFF-MARKET
Estimated value
$10,285,000
Retail space
465 Hidden Vly Pkwy Norco, CA 92860-3973
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3125596
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
2008
Construction
WOOD
Total area
7,437 SF
Lot
0.89 ac (38,768 SF)
Zoning code
A120M
APN
122-080-046
UPID
US09-3125596
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
-
Chase Mortgage Loan Service Bank
-
Tobacco Crush (Bike/Boat/Book/etc) Store
-
Chase Bank Bank Loan Service
-
Chase ATM Atm
-
FadeswithBlades Barber Barber Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$9.46M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$6.64M
Blend (final)
Blend
$10.29M
Owner & transaction history
Cim Norco LLC · 3 yrs held
Cim Norco LLC
since 2022
Last sale
$11.5M
4 recorded transactions
Zoning & alternative use
A120M · Norco, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$7.6M
+44.3%
Apartment house (5+ units)
$7.4M
+39.5%
Neighborhood: shopping center
$6.4M
+21.4%
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
Method
Estimation
Statistic approach
$12,320,000
ML approach
$9,460,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
COMMERCIAL (GENERAL)
$7,615,000
Change: +44% · Conversion: Easy
APARTMENT HOUSE (5+ UNITS)
$7,360,000
Change: +40% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$6,400,000
Change: +21% · Conversion: Moderate
Blend value · Realmo final
$10.29M
Range $9.26M – $11.31M · ±10% · vs last sale $11.50M (Oct 12 2022)
Last sale anchor
$11.50M
Oct 12 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
$1,383 / 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
$48,529
Tax year 2024
Assessed value
$4,360,500
Assessed 2024
Previous assessed
$4,360,500
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$790,500
Assessed improvement
$3,570,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Stories
1
Total area
7,437 SF
Lot
0.89 ac (38,768 SF)
Zoning code
A120M
APN
122-080-046
UPID
US09-3125596
Jurisdiction
RIVERSIDE
Zoning & alternative use
A120M · Norco, CA
Zoning A120M · permitted uses
A120M · 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.
Alternative use value scenarios
Repositioning upside vs current use
COMMERCIAL (GENERAL)
Est. value
$7.6M
APARTMENT HOUSE (5+ UNITS)
Est. value
$7.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$6.4M
COMMERCIAL (GENERAL)
APARTMENT HOUSE (5+ UNITS)
NEIGHBORHOOD: SHOPPING CENTER
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
2008
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.89 ac
Current owner
From public records · entity-resolved
Cim Norco LLC
Entity
Mailing address
19762 MACARTHUR BLVD STE #100, IRVINE, CA 92612-2425
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
4 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 12, 2022
$11,500,000
Cim Norco LLC
Ocv Norco LLC
Grant Deed
$2,450,000 · Citizens Business Bank
Jan 11, 2022
$14,900,000
Ocv Norco LLC
Rbe Norco Hidden Valley LLC
Grant Deed
$11,175,000 · Origin Bank
Dec 20, 2021
—
Rbe Norco Hidden Valley LLC
—
Deed
related
$3,500,000 · Aminam LLC
Sep 19, 2013
—
Rbe Glendora LLC
Dennis D Jacobsen Family Holdi
Grant Deed
$10,267,000 · Bank Of America
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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