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Property profile & analytics
OFF-MARKET
Turn key restaurants
497 4th St Perris, CA 92570-2230
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3010585
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
2013
Construction
WOOD
Total area
2,722 SF
Lot
0.63 ac (27,442 SF)
Zoning code
M2
APN
310-082-014
UPID
US09-3010585
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
-
Gus Jr Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
497 E Fourth LLC · 4 yrs held
497 E Fourth LLC
since 2022
7 recorded transactions
Zoning & alternative use
M2 · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
—
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
$9,129
Tax year 2024
Assessed value
$801,477
Assessed 2024
Previous assessed
$801,477
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$383,313
Assessed improvement
$418,164
Applied tax rate
8.0000
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
2013
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,722 SF
Lot
0.63 ac (27,442 SF)
Zoning code
M2
APN
310-082-014
UPID
US09-3010585
Jurisdiction
RIVERSIDE
Zoning & alternative use
M2 · Perris, CA
Zoning M2 · permitted uses
M2 · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2013
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
497 E Fourth LLC
Entity
Mailing address
1501 E CHAPMAN AVE, ORANGE, CA 92866-2230
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Mar 18, 2022
—
497 E Fourth LLC
Louis Petsas
Grant Deed
—
Dec 27, 2017
—
Petsas,louis Living Trust
—
Deed
related
$390,000 · Bank Of Hope
Jul 13, 2015
—
Petsas,louis Living Trust
Petsas Family 2008 Trust
Quit Claim Deed
related
—
Jul 11, 2013
—
Petsas Family 2008 Trust
Petsas,louis G
Quit Claim Deed
related
—
Feb 8, 2012
—
Louis G Petsas
Petsas Family 2008 Trust
Quit Claim Deed
related
—
Aug 13, 2008
—
Petsas 2008 Family Trust
Petsas,louis
Quit Claim Deed
related
—
Dec 4, 2003
—
Louis G Petsas
Petsas,sonia
Quit Claim Deed
related
$570,000 · Hanmi Bank
Oct 8, 1999
—
Harish S Etal Sidhu
Sidhu,harish
Quit Claim Deed
related
—
Jul 18, 1995
—
Harish Sidhu
Sidhu,rajinder G
Quit Claim Deed
related
—
Dec 6, 1993
$750,000
Harpin INC
Kalogeropoulos,c
Grant Deed
$1,730,000 · Cbl Capital Corp
Nov 1, 1989
$687,818
Joseph J Stein
Td Service Co
Trustees Deed
related
—
—
—
Louis G Petsas
—
Deed Of Trust
related
$530,000 · Commonwealth Business Bank
—
—
Louis G Petsas
—
Deed Of Trust
related
$460,000 · Commonwealth Business Bank
—
—
Louis G Petsas
—
Deed Of Trust
related
—
—
—
Petsas,louis Living Trust
—
Deed Of Trust
related
$390,000 · Bank Of Hope
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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