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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Manufacturing properties
547 Palm Ave Hemet, CA 92543-2877
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3096208
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1981
Construction
WOOD
Total area
12,000 SF
Lot
1 ac (43,560 SF)
Zoning code
M1
APN
442-030-023
UPID
US09-3096208
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
-
Hemet Acoustical & Insulation General Contractor Renovation Specialist
-
California Rainwater tanks Building Supply Hardware & Home Improvement
-
California Water Storage Home Appliance Store Hardware & Home Improvement
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.01M
Blend (final)
Blend
$1.51M
Owner & transaction history
Mad Electric Construction INC · 12 yrs held
Mad Electric Construction INC
since 2013
7 recorded transactions
Zoning & alternative use
M1 · Hemet, 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 Hemet submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Hemet 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%
$1,640,000
6.5%
$1,515,000
7%
$1,410,000
Alternative Use
Use
Estimation
MEDICAL BUILDING
$2,365,000
Change: -12% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±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
$125 / 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
$11,806
Tax year 2024
Assessed value
$1,039,568
Assessed 2024
Previous assessed
$1,039,568
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$120,177
Assessed improvement
$919,391
Applied tax rate
6.0000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
2
Total area
12,000 SF
Lot
1 ac (43,560 SF)
Zoning code
M1
APN
442-030-023
UPID
US09-3096208
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Hemet, CA
Zoning M1 · permitted uses
M1 · Hemet, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Hemet. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
MEDICAL BUILDING
Est. value
$2.4M
MEDICAL BUILDING
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
1981
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
2
Lot
1 ac
Current owner
From public records · entity-resolved
Mad Electric Construction INC
Entity
Mailing address
2275 PURPLE FINCH CT, SAN JACINTO, CA 92582-3705
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Sep 26, 2018
—
Mad Electric Construction INC
—
Deed
related
$688,000 · Us Bk
Jul 18, 2013
$875,000
Mad Electric Construction INC
Trent Lightfoot
Grant Deed
$688,000 · Us Bank NA
Apr 8, 2013
—
Trent Lightfoot
Mccullough,liza M
Quit Claim Deed
related
—
Feb 24, 2011
—
Liza M Mccullough
Lightfoot,trent
Quit Claim Deed
related
—
Dec 16, 2010
$408,500
Trent Lightfoot
Fitzgerald,sebrina L
Quit Claim Deed
related
$209,577 · Sebrina L Fitzgerald
—
—
Ted G Lightfoot
—
Deed Of Trust
related
$150,000 · Marshall Trust
—
—
Liza M Mccullough
—
Deed Of Trust
related
$250,000 · Giebelman Paul M Trust (rt)
—
—
Mad Electric Construction INC
—
Loan Modification
related
$688,000 · Us 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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