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Property profile & analytics
OFF-MARKET
Estimated value
$7,150,000
Manufacturing properties
7240 Sycamore Cyn Blvd Riverside, CA 92508-2331
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1213847
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2006
Construction
TILT-UP CONCRETE
Total area
34,573 SF
Lot
3.46 ac (150,717 SF)
Zoning code
BMPSP
APN
263-250-057
UPID
US09-1213847
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
-
Peak Seasons Big Box & Wholesale Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$6.81M
Comparable Approach
Comparable
$6.79M
Blend (final)
Blend
$7.15M
Owner & transaction history
7240 Sycamore Canyon LLC
7240 Sycamore Canyon LLC
since 2025
Last sale
$7.5M
7 recorded transactions
Zoning & alternative use
BMPSP · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$10.1M
+19.8%
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%
$7,375,000
6.5%
$6,810,000
7%
$6,320,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,425,000
Current use
MEDICAL BUILDING
$10,095,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$7.15M
Range $6.44M – $7.87M · ±10% · vs last sale $7.50M (Dec 15 2025)
Last sale anchor
$7.50M
Dec 15 2025
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
$207 / 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
$45,095
Tax year 2024
Assessed value
$3,485,555
Assessed 2024
Previous assessed
$3,485,555
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$1,137,371
Assessed improvement
$2,348,184
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
34,573 SF
Lot
3.46 ac (150,717 SF)
Zoning code
BMPSP
APN
263-250-057
UPID
US09-1213847
Jurisdiction
RIVERSIDE
Zoning & alternative use
BMPSP · Riverside, CA
Zoning BMPSP · permitted uses
BMPSP · 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
INDUSTRIAL (GENERAL) Current
Est. value
$8.4M
MEDICAL BUILDING
Est. value
$10.1M
INDUSTRIAL (GENERAL) Current
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
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.46 ac
Current owner
From public records · entity-resolved
7240 Sycamore Canyon LLC
Entity
Mailing address
775 DIAMOND DR, CAMARILLO, CA 93010-7497
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 15, 2025
$7,500,000
7240 Sycamore Canyon LLC
Sycamore 7240 LLC
Grant Deed
—
Jun 10, 2020
—
Sycamore 7240 LLC
—
Deed
related
$1,546,823 · Private Individual
Aug 18, 2016
—
Sycamore 724 LLC
—
Deed
related
$1,276,000 · Southland Economic Dev
Feb 18, 2016
$2,973,500
Sycamore 7240 LLC
Royal Industrial Dev LLC
Grant Deed
$1,686,740 · Capitalsource
Oct 18, 2013
$2,316,500
Royal Industrial Dev LLC
Dunbar Sycamore LLC
Grant Deed
$1,175,000 · Preferred Bank
Jan 11, 2013
$5,223,000
Dunbar Sycamore LLC
Jefferson-pilot Investments In
Grant Deed
—
Dec 20, 2011
$4,000,000
Investments In Jefferson-pilot
First American Title
Trustees Deed
related
—
Jul 26, 2005
—
Sycamore Industrial Park LLC
—
Trustees Deed
related
$5,800,000 · Cathay Bank
—
—
Sycamore Industrial Park LLC
—
Deed Of Trust
related
$6,000,000 · Lincoln National Life Ins
—
—
Sycamore 724 LLC
—
Deed Of Trust
related
$1,276,000 · Southland Economic Dev
—
—
Sycamore 7240 LLC
—
Deed Of Trust
related
$1,546,823 · Private 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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