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Property profile & analytics
OFF-MARKET
Estimated value
$650,000
Grocery and convenience stores
8899 Limonite Ave Riverside, CA 92509-5020
Individually Owned
4-yr Hold
~
Est. High Equity
Property ID
US09-3562146
Property profile
Verified
Property type
Grocery and convenience stores
Use group
GROCERY, SUPERMARKET
Year built
1969
Construction
TILT-UP CONCRETE
Total area
2,660 SF
Lot
0.21 ac (9,147 SF)
Zoning code
C1CP
APN
165-184-020
UPID
US09-3562146
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
-
Tacos Santa Rita Jalisco #2 Restaurant
-
BitcoinX ATM Atm
-
Palace market Grocery & Convenience Store
-
Anytime CBD Department Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$745k
CAP Approach
CAP
$585k
Comparable Approach
Comparable
$783k
Blend (final)
Blend
$650k
Owner & transaction history
Lainie A Kyriakos · 4 yrs held
Lainie A Kyriakos
since 2021
Last sale
$573,570
7 recorded transactions
Zoning & alternative use
C1CP · 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
Method
Estimation
Statistic approach
$850,000
ML approach
$745,000
CAP Approach
CAP Return
Estimation
6%
$635,000
6.5%
$585,000
7%
$545,000
Alternative Use
Use
Estimation
RETAIL STORES
$890,000
Current use
MEDICAL BUILDING
$775,000
Change: -13% · Conversion: Difficult
WAREHOUSE, STORAGE
$745,000
Change: -16% · Conversion: Difficult
Blend value · Realmo final
$650k
Range $585k – $715k · ±10% · vs last sale $574k (Aug 10 2021)
Last sale anchor
$574k
Aug 10 2021
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
$244 / 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
$5,736
Tax year 2024
Assessed value
$520,200
Assessed 2024
Previous assessed
$520,200
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$187,272
Assessed improvement
$332,928
Applied tax rate
28.0000
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
2,660 SF
Lot
0.21 ac (9,147 SF)
Zoning code
C1CP
APN
165-184-020
UPID
US09-3562146
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1CP · Riverside, CA
Zoning C1CP · permitted uses
C1CP · 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
$890,000
MEDICAL BUILDING
Est. value
$775,000
WAREHOUSE, STORAGE
Est. value
$745,000
RETAIL STORES Current
MEDICAL BUILDING
WAREHOUSE, STORAGE
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
1969
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.21 ac
Current owner
From public records · entity-resolved
Lainie A Kyriakos
Individual
Mailing address
8899 LIMONITE AVE, RIVERSIDE, CA 92509-5020
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2021
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
Aug 10, 2021
—
Lainie A Kyriakos
Christina Dourbetas
Intrafamily Transfer
related
—
Oct 7, 2014
—
Arcadian Properties LLC
Dourbetas,christina
Quit Claim Deed
related
—
Jul 26, 2011
—
Christina Dourbetas
Economy,jeanie A
Quit Claim Deed
related
—
Sep 19, 2008
$573,570
Jeanie A Dourbetas
County Records Research
Trustees Deed
related
—
Dec 17, 1997
$120,000
Surjit Sandhu
Rose M Hazell Estate
Grant Deed
$85,000 · Seller
—
—
Surjit Sandhu
—
Deed Of Trust
related
$25,000 · Budget Finance Co
—
—
Surjit Sandhu
—
Deed Of Trust
related
$20,000 · International Financial Group
—
—
Surjit Sandhu
—
Deed Of Trust
related
$220,000 · Budget Finance Co
—
—
Surjit Sandhu
—
Deed Of Trust
related
$390,000 · Creative Investment Group INC
—
—
Surjit Sandhu
—
Deed Of Trust
related
$50,000 · Dobkin Family Trust
—
—
Surjit Sandhu
—
Deed Of Trust
related
$25,000 · Budget Finance Co
—
—
Surjit Sandhu
—
Deed Of Trust
related
$118,000 · Jeanie A Dourbetas
—
—
Christina Dourbetas
—
Deed Of Trust
related
$583,500 · Nick Dourbetas
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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