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Property profile & analytics
OFF-MARKET
Commercial land
Cherry Valley, CA 92223
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4187249
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.92 ac (40,075 SF)
Zoning code
R106
APN
403-251-017
UPID
US09-4187249
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
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
Ethan Driscoll · 2 yrs held
Ethan Driscoll
since 2023
Last sale
$340,000
7 recorded transactions
Zoning & alternative use
R106 · Cherry Valley, 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 Cherry Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Cherry Valley 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
$4,470
Tax year 2024
Assessed value
$340,000
Assessed 2024
Previous assessed
$340,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$340,000
Applied tax rate
56.0000
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
0.92 ac (40,075 SF)
Zoning code
R106
APN
403-251-017
UPID
US09-4187249
Jurisdiction
RIVERSIDE
Zoning & alternative use
R106 · Cherry Valley, CA
Zoning R106 · permitted uses
R106 · Cherry Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Cherry Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.92 ac
Current owner
From public records · entity-resolved
Ethan Driscoll
Individual
Mailing address
4840 TARANTELLA LN, FORT IRWIN, CA 92310
Mailing matches property
Different — outreach signal
Owner-occupied
No
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
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 31, 2023
$340,000
Ethan Driscoll
Chris Ashton
Grant Deed
$205,000 · Town & Country Escrow Corp
Apr 14, 2022
$245,000
Chris Ashton
Jason J Smith
Grant Deed
$207,500 · Jason J Smith Etux
Apr 14, 2022
—
Chris Ashton
Nancy Pilkington
Intrafamily Transfer
related
—
Oct 28, 2020
$95,000
Jason J Smith
Nathan J Guerriero
Grant Deed
—
Jul 9, 2018
$180,000
Nathan Guerriero
Dabney,guy M
Grant Deed
—
Aug 31, 2017
—
Guy M Daney
—
Deed
related
—
May 25, 2006
—
Guy M Dabney
Dabney,annie V
Quit Claim Deed
related
—
May 25, 2006
$214,000
Guy M Dabney
Keshishyan,anahit
Grant Deed
$152,750 · Premier Service Bank
Mar 15, 2005
$135,000
Anahit Keshishyan
Legerat Family Trust
Grant Deed
—
Mar 15, 2005
—
Anahit Keshishyan
Abnousian,zaven
Grant Deed
related
—
Dec 20, 2002
—
Legerat A Etal
Legerat,a Etal
Quit Claim Deed
related
—
Oct 20, 2000
$55,000
Alvin G Legerat
Korta Trust
Grant Deed
—
Oct 30, 1991
$51,282
Julius Korta
Ellesin Co INC
Trustees Deed
related
—
—
—
Guy M Dabney
—
Deed Of Trust
related
$121,708 · Premier Service Bank
—
—
Guy M Daney
—
Loan Modification
related
—
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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