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Property profile & analytics
OFF-MARKET
Estimated value
$1,775,000
Retail space
8099 Indiana Ave Riverside, CA 92504-4017
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US10-2964142
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1978
Construction
TILT-UP CONCRETE
Total area
6,190 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C3D
APN
231-154-004
UPID
US10-2964142
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
-
Black Label Auto Firm Car Dealership
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$1.52M
Comparable Approach
Comparable
$1.59M
Blend (final)
Blend
$1.78M
Owner & transaction history
Brian W Nejedly Trust
Brian W Nejedly Trust
since 2026
Last sale
$2.0M
7 recorded transactions
Zoning & alternative use
C3D · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$2.9M
+33.5%
Auto repair, garage
$2.7M
+24.7%
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%
$1,645,000
6.5%
$1,515,000
7%
$1,410,000
Alternative Use
Use
Estimation
RETAIL STORES
$2,200,000
Current use
RESTAURANT
$2,935,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$2,745,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$1,805,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$1.78M
Range $1.60M – $1.95M · ±10% · vs last sale $2.00M (Oct 17 2024)
Last sale anchor
$2.00M
Oct 17 2024
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
$287 / 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
$16,916
Tax year 2024
Assessed value
$1,535,011
Assessed 2024
Previous assessed
$1,535,011
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$150,310
Assessed improvement
$1,384,701
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
6,190 SF
Lot
0.22 ac (9,583 SF)
Zoning code
C3D
APN
231-154-004
UPID
US10-2964142
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3D · Riverside, CA
Zoning C3D · permitted uses
C3D · 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
RETAIL STORES Current
Est. value
$2.2M
RESTAURANT
Est. value
$2.9M
AUTO REPAIR, GARAGE
Est. value
$2.7M
MEDICAL BUILDING
Est. value
$1.8M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
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
1978
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.22 ac
Current owner
From public records · entity-resolved
Brian W Nejedly Trust
Trust
Mailing address
829 EAGLE CRST CT, RIVERSIDE, CA 92506-7528
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 1, 2026
—
Brian W Nejedly Trust
Scott Hooks
Grant Deed
—
Jan 17, 2025
$2,000,000
Ramirez Autoz INC
Blue Sea Investment LLC
Grant Deed
$1,500,000 · Western Alliance Bank
Apr 30, 2021
—
Blue Sea Investment LLC
—
Deed
related
$500,000 · American Continental Bank
Apr 11, 2008
—
Blue Sea Investment LLC
Chi,ching R
Grant Deed
—
Oct 1, 2004
—
Ching R Chi
Chi,jwu-mei
Quit Claim Deed
related
—
Oct 1, 2004
$1,200,000
Ching R Chi
Capo Portofino INC
Grant Deed
—
May 20, 2004
—
Capo Portofino INC
Bavadian,ali R
Quit Claim Deed
related
—
Feb 24, 2004
$675,000
Ali R Bavadian
Miller,wayne
Grant Deed
$470,000 · Saratoga Bancorp
Aug 6, 2002
—
Wayne Miller
Miller,june
Quit Claim Deed
related
—
Jun 24, 1999
—
Wayne K Etux Miller
Nejedly,a C Etal
Grant Deed
related
—
—
—
Ching R Chi
—
Deed Of Trust
related
$700,000 · Hanmi Bank
—
—
Ching R Chi
—
Deed Of Trust
related
$900,000 · Hanmi Bank
—
—
Blue Sea Investment LLC
—
Deed Of Trust
related
—
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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