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Property profile & analytics
OFF-MARKET
Estimated value
$5,480,000
Grocery and convenience stores
840 Hobsonway, Blythe, CA 92225-1800
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3017138
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1992
Construction
TILT-UP CONCRETE
Total area
47,352 SF
Lot
3.99 ac (173,804 SF)
Zoning code
C2
APN
854-020-023
UPID
US09-3017138
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
-
Redbox Cinema (Bike/Boat/Book/etc) Store
-
Western Union Bank Credit Union
-
Albertsons Delicatessen Food Market Restaurant
-
Albertsons Bakery Bakery Specialty Food Shop
-
TNT Fireworks Discount Store Party Supply Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.65M
Blend (final)
Blend
$5.48M
Owner & transaction history
Albertson S LLC · 3 yrs held
Albertson S LLC
since 2022
7 recorded transactions
Zoning & alternative use
C2 · Blythe, 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 Blythe submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Blythe 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%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$5.48M
Range $4.93M – $6.03M · ±10%
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
$116 / 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
$78,883
Tax year 2024
Assessed value
$7,068,894
Assessed 2024
Previous assessed
$7,068,894
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$1,629,982
Assessed improvement
$5,438,912
Applied tax rate
3.0000
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
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Status
Off-Market
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
47,352 SF
Lot
3.99 ac (173,804 SF)
Zoning code
C2
APN
854-020-023
UPID
US09-3017138
Jurisdiction
RIVERSIDE
Zoning & alternative use
C2 · Blythe, CA
Zoning C2 · permitted uses
C2 · Blythe, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Blythe. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1992
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
3.99 ac
Current owner
From public records · entity-resolved
Albertson S LLC
Entity
Mailing address
250 E PARKCENTER BLVD, BOISE, ID 83706-3940
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 14, 2022
—
Albertson S LLC
Aci Real Estate Spe 152 LLC
Special Warranty Deed
—
Mar 13, 2014
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,050,000,000 · Bank Of America
Apr 15, 2013
—
Abs Ca-o LLC
New Albertsons INC
Warranty Deed
—
Dec 3, 2012
—
New Albertsons INC
—
Deed Of Trust
related
$1,000,000,000 · Credit Suisse Ag
Jul 21, 2006
—
New Albertsons INC
Albertsons LLC
Quit Claim Deed
—
—
—
Abs Ca-o LLC
—
Deed Of Trust
related
$1,145,000,000 · Wilmington Tr
—
—
Abs Ca-o LLC
—
Loan Modification
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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