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Property profile & analytics
OFF-MARKET
Turn key restaurants
630 Florida Ave Hemet, CA 92543-4336
Individually Owned
5-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0065791
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1973
Construction
TILT-UP CONCRETE
Total area
1,610 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C1
APN
443-246-009
UPID
US09-0065791
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
-
El Toro Taqueria 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
Ruben Flores · 5 yrs held
Ruben Flores
since 2021
7 recorded transactions
Zoning & alternative use
C1 · 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
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
$7,413
Tax year 2024
Assessed value
$639,992
Assessed 2024
Previous assessed
$639,992
+0.0% YoY
Effective rate
1.16%
On assessed value
Assessed land
$264,194
Assessed improvement
$375,798
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
1,610 SF
Lot
0.29 ac (12,632 SF)
Zoning code
C1
APN
443-246-009
UPID
US09-0065791
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Hemet, CA
Zoning C1 · permitted uses
C1 · 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.
Building & site characteristics
From public records
Year built
1973
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
0.29 ac
Current owner
From public records · entity-resolved
Ruben Flores
Individual
Mailing address
1002 E FLORIDA AVE, HEMET, CA 92543-4511
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
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
Jun 15, 2021
—
Ruben Flores
Ruben Flores
Intrafamily Transfer
related
—
Jun 9, 2021
—
Department Of Transportation
Ruben Flores
Grant Deed
—
Jun 3, 2021
—
Ruben Flores
Ruben Flores
Intrafamily Transfer
related
—
Nov 9, 2007
—
Thomas Smith
Smith,ninfa
Affidavit Of Death
related
—
May 18, 2005
$475,000
Ruben Flores
Smith,thomas
Grant Deed
$165,000 · Thomas Smith
Jan 15, 2003
$325,000
Thomas Smith
So,il W & Christine
Grant Deed
$292,500 · Business Bank Of California
Jan 1, 1989
$295,000
So Il W & Christ
Kim Ray K
Trustees Deed
$175,000 · Chrylsler First
Mar 1, 1988
$205,000
Kim R K
Unive
Grant Deed
$155,000 · University Redla
—
—
Il W So
—
Deed Of Trust
related
$171,800 · Chrysler First Busin
—
—
Il W So
—
Deed Of Trust
related
$175,000 · California Center Bank
—
—
Il W So
—
Deed Of Trust
related
$100,000 · California Center Bank
—
—
Il W So
—
Deed Of Trust
related
$100,000 · California Center Bank
—
—
Il W So
—
Deed Of Trust
related
—
—
—
Il W So
—
Deed Of Trust
related
$99,000 · California Center Bank
—
—
Ruben Flores
—
Deed Of Trust
related
$142,000 · Strauss Susan P Trust (rt)
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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