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Property profile & analytics
OFF-MARKET
Office buildings
6820 Indiana Ave Riverside, CA 92506-7202
Entity Owned
10-yr Hold
~
Est. High Equity
Property ID
US09-0997952
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Lot
0.98 ac (42,688 SF)
Zoning code
R106
APN
229-110-040
UPID
US09-0997952
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
-
The Law Offices Of Dr. Peter M. Schaeffer Law Firm
-
Destiny Career Academy Vocational School Training Center
-
RWM Riverside Loan Service Bank
-
USPS MAIL COLLECTION BOX (BLUE BOX) Postal Service Courier Service
-
United Capitol Entertainment Theater & Performing Art Venue Music Venue
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
Ibc Riverside LLC · 10 yrs held
Ibc Riverside LLC
since 2015
5 recorded transactions
Zoning & alternative use
R106 · Riverside, 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 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
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
$21,696
Tax year 2024
Assessed value
$1,961,954
Assessed 2024
Previous assessed
$1,961,954
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$517,954
Assessed improvement
$1,444,000
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
Heating
NONE
Lot
0.98 ac (42,688 SF)
Zoning code
R106
APN
229-110-040
UPID
US09-0997952
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.
Building & site characteristics
From public records
Heating
NONE
Lot
0.98 ac
Current owner
From public records · entity-resolved
Ibc Riverside LLC
Entity
Mailing address
6820 INDIANA AVE STE #210, RIVERSIDE, CA 92506-4261
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 5, 2025
—
Ibc Riverside LLC
—
Deed
related
$11,500,000 · Preferred Bank
Nov 3, 2015
—
Ibc Riverside LLC
Indiana Business Center LP
Quit Claim Deed
related
$11,565,000 · German American Cap
Oct 15, 2003
—
Indiana Business Center LP
Jacobs,tr
Deed Of Trust
related
$5,750,000 · J P Morgan Chase Bank
—
—
Jacobs Trust
—
Deed Of Trust
related
$1,240,000 · Imperial Capital Bank
—
—
Douglas G Jacobs
—
Deed Of Trust
related
$823,000 · Imperial Bank Mortgage
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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