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Property profile & analytics
OFF-MARKET
Estimated value
$1,130,000
Office buildings
5033 Arlington Ave Riverside, CA 92504-2793
Entity Owned
6-yr Hold
Free & Clear
Property ID
US09-0102087
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1978
Construction
WOOD
Total area
3,880 SF
Lot
0.33 ac (14,374 SF)
Zoning code
R1
APN
226-192-021
UPID
US09-0102087
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
-
Asigna Auto Insurance Insurance Agency
-
Neptune Society of Riverside and San Bernardino Mortuary Cremation Service
-
Machado Family Counseling Counselor
-
Liberty Tax Accounting Firm Tax Preparation
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.22M
Comparable Approach
Comparable
$1.30M
Blend (final)
Blend
$1.13M
Owner & transaction history
Pargold LP · 6 yrs held
Pargold LP
since 2019
7 recorded transactions
Zoning & alternative use
R1 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$1.7M
+86.8%
Retail stores
$1.4M
+49.7%
Medical building
$1.1M
+23.1%
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
by Request
CAP Approach
CAP Return
Estimation
6%
$1,320,000
6.5%
$1,220,000
7%
$1,130,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$920,000
Current use
AUTO REPAIR, GARAGE
$1,720,000
Change: +87% · Conversion: Difficult
RETAIL STORES
$1,380,000
Change: +50% · Conversion: Moderate
MEDICAL BUILDING
$1,135,000
Change: +23% · Conversion: Easy
WAREHOUSE, STORAGE
$1,085,000
Change: +18% · Conversion: Difficult
Blend value · Realmo final
$1.13M
Range $1.02M – $1.24M · ±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
$291 / 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
$16,533
Tax year 2024
Assessed value
$1,501,080
Assessed 2024
Previous assessed
$1,501,080
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$305,576
Assessed improvement
$1,195,504
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
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1978
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,880 SF
Lot
0.33 ac (14,374 SF)
Zoning code
R1
APN
226-192-021
UPID
US09-0102087
Jurisdiction
RIVERSIDE
Zoning & alternative use
R1 · Riverside, CA
Zoning R1 · permitted uses
R1 · 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
OFFICE BUILDING Current
Est. value
$920,000
AUTO REPAIR, GARAGE
Est. value
$1.7M
RETAIL STORES
Est. value
$1.4M
MEDICAL BUILDING
Est. value
$1.1M
WAREHOUSE, STORAGE
Est. value
$1.1M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
RETAIL STORES
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1978
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.33 ac
Current owner
From public records · entity-resolved
Pargold LP
Entity
Free & Clear · 6 yrs held
Mailing address
PO BOX 10669, SAN BERNARDINO, CA 92423-0669
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 23, 2020
—
Pargold LP
—
Deed
related
$832,500 · Banner Bank
Dec 19, 2019
$1,400,000
Pargold LP
Dan K Lim
Grant Deed
—
Apr 24, 2019
$400,000
Dan K Lim
Hardke Greg & Ten Trust
Grant Deed
$400,000 · Hardke G & T Family Trust
Apr 24, 2019
—
Owner Name Unavailable
Hardke,gregory L
Affidavit Of Death
related
—
Jan 31, 2005
$832,500
Hardke Greg & Teri Trust
Johnson Family Trust
Grant Deed
—
May 17, 2004
—
Johnson,tr
Johnson,david R
Quit Claim Deed
related
—
Aug 12, 1993
$199,500
David R Johnson
Owens,arnold F
Grant Deed
$162,195 · Seller
Sep 30, 1991
$480,000
Arnold F Owens
Arlington Paloma
Grant Deed
$180,000 · Seller
—
—
David R Johnson
—
Deed Of Trust
related
$252,500 · Individual
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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