New search
Property profile & analytics
OFF-MARKET
Apartment buildings
82073 Airport Blvd Thermal, CA 92274-9661
Entity Owned
20-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3020470
Property profile
Verified
Property type
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Year built
1935
Construction
WOOD
Total area
1,330 SF
Lot
4.58 ac (199,504 SF)
Zoning code
A120
APN
764-070-003
UPID
US09-3020470
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
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
Monroe Properties LLC · 20 yrs held
Monroe Properties LLC
since 2005
6 recorded transactions
Zoning & alternative use
A120 · Thermal, 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 Thermal submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Thermal 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
$10,499
Tax year 2024
Assessed value
$796,901
Assessed 2024
Previous assessed
$796,901
+0.0% YoY
Effective rate
1.32%
On assessed value
Assessed land
$457,137
Assessed improvement
$339,764
Applied tax rate
58.0000
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
Apartment buildings
Use group
APARTMENT HOUSE (5+ UNITS)
Status
Off-Market
Year built
1935
Construction
WOOD
Heating
NONE
Buildings
4
Stories
1
Units
5
Total area
1,330 SF
Lot
4.58 ac (199,504 SF)
Zoning code
A120
APN
764-070-003
UPID
US09-3020470
Jurisdiction
RIVERSIDE
Zoning & alternative use
A120 · Thermal, CA
Zoning A120 · permitted uses
A120 · Thermal, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Thermal. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1935
Construction
WOOD
Heating
NONE
Stories
1
Buildings
4
Units
5
Lot
4.58 ac
Current owner
From public records · entity-resolved
Monroe Properties LLC
Entity
Mailing address
670 CORONA WAY, ENCINITAS, CA 92024-4664
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2005
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 31, 2013
—
Monroe Properties LLC
—
Loan Modification, Consolidation And Extension
related
$2,366,000 · Peter C Clydesdale
Nov 16, 2005
$900,000
Monroe Properties LLC
Waggoner,rex D & Nina
Grant Deed
$675,000 · Community National Bank
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$690,000 · Community National Bank
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$2,500,000 · 101 Management Group LLC
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$2,500,000 · 101 Mgmt Grp LLC
—
—
Monroe Properties LLC
—
Deed Of Trust
related
$1,920,000 · Alpine Trust (ct)
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 82073 Airport Blvd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
