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Property profile & analytics
FOR LEASE
Office buildings
9496 Magnolia Ave Riverside, CA 92503
Entity Owned
7-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3347160
For Lease
1 / 8
$1,200/Mo
9496 Magnolia Ave, Riverside, CA 92503
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1995
Construction
TILT-UP CONCRETE
Total area
21,600 SF
Lot
0.28 ac (12,196 SF)
APN
233-022-064
UPID
US09-3347160
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
-
Unity Path Insurance Services Insurance Agency
-
Pure Nutrition (Bike/Boat/Book/etc) Store Pharmacy
-
The Chic Brow Bar Medical Clinic Skin Care Clinic
-
Harold Krajian Inc Physician
-
USPS Office Post Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$3.24M
Blend (final)
Blend
$2.79M
Owner & transaction history
Awake Medical LLC · 7 yrs held
Awake Medical LLC
since 2018
7 recorded transactions
Zoning & alternative use
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
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
$2.79M
Range $2.51M – $3.06M · ±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
$129 / 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
$42,172
Tax year 2024
Assessed value
$3,835,412
Assessed 2024
Previous assessed
$3,835,412
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$266,848
Assessed improvement
$3,568,564
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
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Total area
21,600 SF
Lot
0.28 ac (12,196 SF)
APN
233-022-064
UPID
US09-3347160
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
1995
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Lot
0.28 ac
Current owner
From public records · entity-resolved
Awake Medical LLC
Entity
Mailing address
18725 GALE AVE STE #140, CITY OF INDUSTRY, CA 91748-1358
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2018
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
Mar 11, 2019
—
Awake Medical LLC
—
Deed
related
$922,000 · Mortgage Cap Dev
Dec 31, 2018
$3,507,000
Awake Medical LLC
The Evergreen Advantage LLC
Grant Deed
$2,328,300 · City National Bank
Oct 25, 2018
$3,174,473
Evergreen Advantage LLC
California Td Specialists|krajian,harold W & Const
Trustees Deed
related
—
Sep 24, 2002
—
Harold W Etal Krajian
Krajian,harold W Etal
Quit Claim Deed
related
—
—
—
Harold W Krajian
—
Deed Of Trust
related
$1,700,000 · Stancorp Mortgage Investors
—
—
Awake Medical LLC
—
Deed Of Trust
related
$922,000 · Mortgage Cap Dev
—
—
Harold W Krajian
—
Deed Of Trust
related
$1,700,000 · Standard Insurance Co
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?”
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