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Property profile & analytics
OFF-MARKET
Estimated value
$1,490,000
Warehouses
4777 Felspar St Riverside, CA 92509-3040
Entity Owned
8-yr Hold
~
Est. High Equity
Property ID
US09-2987256
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1990
Construction
TILT-UP CONCRETE
Total area
7,200 SF
Lot
9.37 ac (408,157 SF)
Zoning code
R106
APN
167-160-042
UPID
US09-2987256
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
-
Heritage Container Corporation Industrial Manufacturer Factory
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.14M
CAP Approach
CAP
$1.72M
Comparable Approach
Comparable
$1.60M
Blend (final)
Blend
$1.49M
Owner & transaction history
James Adams LLC · 8 yrs held
James Adams LLC
since 2017
7 recorded transactions
Zoning & alternative use
R106 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$2.4M
+19.6%
Industrial (general)
$2.1M
+4.5%
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
Method
Estimation
Statistic approach
by Request
ML approach
$1,140,000
CAP Approach
CAP Return
Estimation
6%
$1,865,000
6.5%
$1,720,000
7%
$1,600,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$2,015,000
Current use
RETAIL STORES
$2,405,000
Change: +20% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$2,100,000
Change: +4% · Conversion: Easy
Blend value · Realmo final
$1.49M
Range $1.34M – $1.64M · ±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
$207 / 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
$94,075
Tax year 2024
Assessed value
$8,653,146
Assessed 2024
Previous assessed
$8,653,146
+0.0% YoY
Effective rate
1.09%
On assessed value
Assessed land
$3,124,745
Assessed improvement
$5,528,401
Applied tax rate
28.0000
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Total area
7,200 SF
Lot
9.37 ac (408,157 SF)
Zoning code
R106
APN
167-160-042
UPID
US09-2987256
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Riverside, CA
Zoning R106 · permitted uses
R106 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$2.0M
RETAIL STORES
Est. value
$2.4M
INDUSTRIAL (GENERAL)
Est. value
$2.1M
WAREHOUSE, STORAGE Current
RETAIL STORES
INDUSTRIAL (GENERAL)
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
1990
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Units
2
Lot
9.37 ac
Current owner
From public records · entity-resolved
James Adams LLC
Entity
Mailing address
4777 FELSPAR ST, JURUPA VALLEY, CA 92509-3040
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2017
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 10, 2021
—
James Adams LLC
—
Deed
related
$9,000,000 · Pacific Premier Bank
Oct 17, 2018
—
James Adams LLC
—
Deed
related
$9,700,000 · Pacific Premier Bk
Sep 20, 2017
—
James Adams LLC
James Adams LLC
Grant Deed
related
$1,500,000 · Pacific Premier Bank
Sep 23, 2013
$11,700,000
James Adams LLC
Flagship Enterprises LLC
Grant Deed
$3,800,000 · Wells Fargo Bank NA
Dec 21, 1993
$2,400,000
Flagship Enterprises INC
Palm Bros INC
Grant Deed
$1,680,000 · Wells Fargo Bank
May 1, 1990
$189,500
Charles A Beach
Hawarden Enterpr
Grant Deed
$142,125 · De Anza National Bank
Apr 1, 1990
—
Fasp INC
—
Grant Deed
related
$3,000,000 · Bank Of America
—
—
James Adams LLC
—
Deed Of Trust
related
$1,350,000 · Orange County Container Group
—
—
James Adams LLC
—
Deed Of Trust
related
$3,798,000 · Cdc Small Business Finance Co
—
—
James Adams LLC
—
Deed Of Trust
related
$9,700,000 · Pacific Premier Bk
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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