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Property profile & analytics
OFF-MARKET
Estimated value
$805,000
Strip malls
960 6th St Norco, CA 92860-1472
Trust Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-3306322
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2008
Construction
WOOD
Total area
7,500 SF
Lot
4 ac (174,240 SF)
Zoning code
CC
APN
131-220-030
UPID
US09-3306322
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
-
Everything Boutique Shipping and Mailboxes Clothing & Fashion Store
-
American Family Feed Company Food Processing Plant
-
SUZIE Q's BBQ Take-out & Catering Catering Service
-
Norco Country Dental Dental Office
-
Norco Country Dental: Krishnamurthy S DDS Dental Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$524k
Blend (final)
Blend
$805k
Owner & transaction history
The Darryl Shafer Trust
The Darryl Shafer Trust
since 2025
7 recorded transactions
Zoning & alternative use
CC · Norco, 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 Norco submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Norco 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
$805k
Range $725k – $886k · ±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
$107 / 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
$131,376
Tax year 2024
Assessed value
$11,779,943
Assessed 2024
Previous assessed
$11,779,943
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$2,025,216
Assessed improvement
$9,754,727
Applied tax rate
15.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2008
Construction
WOOD
Heating
NONE
Buildings
2
Stories
2
Units
3
Total area
7,500 SF
Lot
4 ac (174,240 SF)
Zoning code
CC
APN
131-220-030
UPID
US09-3306322
Jurisdiction
RIVERSIDE
Zoning & alternative use
CC · Norco, CA
Zoning CC · permitted uses
CC · Norco, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Norco. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2008
Construction
WOOD
Heating
NONE
Stories
2
Buildings
2
Units
3
Lot
4 ac
Current owner
From public records · entity-resolved
The Darryl Shafer Trust
Trust
Mailing address
980 6TH ST #103, ORANGE, CA 92865
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 22, 2025
—
The Darryl Shafer Trust
Darryl J Shafer
Deed
related
—
Oct 21, 2025
—
Darryl J Shafer
The Shafer Trust
Deed
related
—
Dec 23, 2021
—
James J Liberio
—
Deed
related
$5,750,000 · San Diego County Cu
Jun 23, 2016
$10,150,000
980 6th Street LLC
Norco Country Center LLC
Grant Deed
$5,575,000 · San Diego County Cu
May 16, 2007
—
Norco Country Center LLC
Baerg,harold J JR & Kathleen M
Quit Claim Deed
related
$8,750,000 · Farmers & Merchants Bk Lng Bch
Jul 21, 2006
—
Edward W Arnold
Arnold,ann H
Quit Claim Deed
related
$1,000,000 · Farmers & Merchants Bk Lng Bch
Aug 10, 2004
$1,225,000
Harold J Baerg
Chiang,tr
Grant Deed
—
Feb 1, 1988
$935,000
Chiang Ching H
Ellio
Grant Deed
related
$400,000 · Elliott Douglas
—
—
Norco Country Center LLC
—
Deed Of Trust
related
$6,576,000 · Farmers & Merchants Bk/lng Bch
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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