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Property profile & analytics
OFF-MARKET
Turn key restaurants
9640 Indiana Ave Riverside, CA 92503-5562
Individually Owned
13-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0998173
Property profile
Verified
Property type
Turn key restaurants
Use group
RESTAURANT
Year built
1905
Construction
WOOD
Total area
704 SF
Lot
0.99 ac (43,124 SF)
Zoning code
BMP
APN
234-250-020
UPID
US09-0998173
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
-
Law's Restaurant Restaurant
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
Linda J Williams · 13 yrs held
Linda J Williams
since 2013
7 recorded transactions
Zoning & alternative use
BMP · 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
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
$8,950
Tax year 2024
Assessed value
$793,794
Assessed 2024
Previous assessed
$793,794
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$516,779
Assessed improvement
$277,015
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
Turn key restaurants
Use group
RESTAURANT
Status
Off-Market
Year built
1905
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
1
Bathrooms
1
Total area
704 SF
Lot
0.99 ac (43,124 SF)
Zoning code
BMP
APN
234-250-020
UPID
US09-0998173
Jurisdiction
RIVERSIDE
Zoning & alternative use
BMP · Riverside, CA
Zoning BMP · permitted uses
BMP · 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.
Building & site characteristics
From public records
Year built
1905
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
1
Bathrooms
1
Lot
0.99 ac
Current owner
From public records · entity-resolved
Linda J Williams
Individual
Mailing address
16247 BLOSSOM TIME CT, RIVERSIDE, CA 92503-0542
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2013
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 4, 2025
—
Request Line Properties LLC
—
Deed
related
$1,400,000 · Columbia Bank
Nov 10, 2022
—
Request Line Properties LLC
—
Deed
related
$791,200 · Bank Of The West
Sep 20, 2019
—
Request Line Properties LLC
—
Deed
related
$295,000 · Bank Of Hope
Jul 12, 2013
—
Linda J Williams
Laws Lunch & Dinner INC
Grant Deed
—
Jul 12, 2013
$660,500
Request Line Properties LLC
Williams,linda J
Grant Deed
—
May 20, 2010
—
Linda J Williams
Rawls,michael G
Grant Deed
—
Dec 7, 2009
—
Laws Lunch & Dinner INC
—
Trustees Deed
related
$250,000 · Southpointe Financial Group
Sep 4, 2009
—
Laws Lunch & Dinner INC
Rawls,michael G
Quit Claim Deed
related
—
Apr 23, 2008
—
Michael G Rawls
Laws Lunch & Dinner INC
Grant Deed
$600,000 · Lone Oak Fund LLC
Jul 14, 2004
—
Laws Lunch & Dinner INC
Rawls,michael
Quit Claim Deed
related
—
Jan 30, 2004
—
Michael G Rawls
Rawls,mart
Quit Claim Deed
related
$3,000,000 · Joseph Lacko Trustee
Feb 14, 2003
$906,818
Michael G Rawls
Wagner,lance A
Grant Deed
related
$552,000 · Lance A Wagner
Aug 15, 2001
$723,146
Lance A Wagner
Helgeson,stephen R & Gwyneth O
Trustees Deed
related
—
Dec 8, 1994
$775,000
Stephen R Helgeson
Wagner,lance A
Grant Deed
related
$695,000 · Seller
—
—
Michael G Rawls
—
Deed Of Trust
related
$1,300,000 · Ronald H Agins Trustee
—
—
Request Line Properties LLC
—
Deed Of Trust
related
$805,000 · Bank Of Hope
—
—
Request Line Properties LLC
—
Deed Of Trust
related
$295,000 · Bank Of Hope
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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