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Property profile & analytics
OFF-MARKET
Estimated value
$10,315,000
Gas stations
996 Mtn Ave Norco, CA 92860-3160
Entity Owned
3-yr Hold
~
Est. High Equity
Property ID
US09-0271405
Property profile
Verified
Property type
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Year built
2000
Construction
WOOD
Total area
5,957 SF
Lot
2.81 ac (122,403 SF)
APN
122-050-048
UPID
US09-0271405
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
-
Express Mart Grocery & Convenience Store
-
Chevron Gas Station
-
Valvoline Instant Oil Change Auto Repair Shop
-
Extramile Grocery & Convenience Store
-
Norco Auto Spa Express Wash and Lube Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.32M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$11.92M
Blend (final)
Blend
$10.32M
Owner & transaction history
Skycess Venture LLC · 3 yrs held
Skycess Venture LLC
since 2023
Last sale
$9.5M
5 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 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
$10,330,000
ML approach
$10,320,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
SERVICE STATION (FULL SERVICE)
$7,065,000
Current use
Blend value · Realmo final
$10.32M
Range $9.28M – $11.35M · ±10% · vs last sale $9.50M (Jan 30 2023)
Last sale anchor
$9.50M
Jan 30 2023
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
$1,732 / 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
$107,982
Tax year 2024
Assessed value
$9,690,000
Assessed 2024
Previous assessed
$9,690,000
+0.0% YoY
Effective rate
1.11%
On assessed value
Assessed land
$3,743,400
Assessed improvement
$5,946,600
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
Gas stations
Use group
SERVICE STATION WITH FOOD MART
Status
Off-Market
Year built
2000
Construction
WOOD
Heating
NONE
Stories
1
Total area
5,957 SF
Lot
2.81 ac (122,403 SF)
APN
122-050-048
UPID
US09-0271405
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
Alternative use value scenarios
Repositioning upside vs current use
SERVICE STATION (FULL SERVICE) Current
Est. value
$7.1M
SERVICE STATION (FULL SERVICE) Current
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
2000
Construction
WOOD
Heating
NONE
Stories
1
Lot
2.81 ac
Current owner
From public records · entity-resolved
Skycess Venture LLC
Entity
Mailing address
996 MTN AVE #228, NORCO, CA 92860-3160
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 15, 2025
—
Skycess Venture LLC
—
Deed
related
$3,000,000 · Bank Of Hope
Jan 30, 2023
$9,500,000
Skycess Venture LLC
Ultima Tech INC
Grant Deed
—
Feb 11, 2004
$6,500,000
Ultima Tech INC
Cs Riverside LLC
Grant Deed
$4,550,000 · Wilshire State Bank
Aug 15, 2003
—
Cs Riverside LLC
Apple Norco LLC Estate
Grant Deed
$4,095,000 · Brandman Trust
—
—
Ultima Tech INC
—
Deed Of Trust
related
$4,000,000 · Wilshire State Bank
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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