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Property profile & analytics
OFF-MARKET
Estimated value
$3,000,000
Commercial land
Menifee, CA 92585
Individually Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3951352
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
0.01 ac (435 SF)
Zoning code
CPS
APN
333-070-086
UPID
US09-3951352
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
$3.00M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$3.00M
Owner & transaction history
Ranch Self Storage & Retail Menifee · 4 yrs held
Ranch Self Storage & Retail Menifee
since 2021
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
CPS · Menifee, 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 Menifee submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Menifee 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
$3,000,000
ML approach
$3,000,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.00M
Range $2.70M – $3.30M · ±10% · vs last sale $3.00M (Dec 31 2024)
Last sale anchor
$3.00M
Dec 31 2024
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
—
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
$63
Tax year 2024
Assessed value
$4,197
Assessed 2024
Previous assessed
$4,197
+0.0% YoY
Effective rate
1.50%
On assessed value
Assessed land
$4,197
Applied tax rate
26.0000
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
0.01 ac (435 SF)
Zoning code
CPS
APN
333-070-086
UPID
US09-3951352
Jurisdiction
RIVERSIDE
Zoning & alternative use
CPS · Menifee, CA
Zoning CPS · permitted uses
CPS · Menifee, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Menifee. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Heating
NONE
Lot
0.01 ac
Current owner
From public records · entity-resolved
Ranch Self Storage & Retail Menifee
Individual
Mailing address
41391 KALMIA ST STE #200, MURRIETA, CA 92562-9766
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
14 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 4, 2021
$2,925,500
Ranch Self Storage & Retail Menifee
Heritage Square Menifee LLC
Grant Deed
$5,475,730 · Pacific Western National Bank
May 5, 2017
—
Heritage Square Menifee LLC
Heritage Square LP
Quit Claim Deed
related
—
Jun 19, 2009
—
Square Heritage
King J Trust
Grant Deed
—
Dec 26, 2008
$2,777,000
King J Trust
Stephenson D Family Trust
Grant Deed
—
Sep 14, 2007
—
Square Heritage
Stephenson Family Trust
Grant Deed
—
Feb 23, 2007
$67,000
King J P JR Retirement Trust
Winchester 20/20 LLC
Grant Deed
—
Feb 23, 2007
—
Stephenson D L Family Trust
Romoland 64 LLC
Grant Deed
related
—
Jan 27, 2006
—
Stephenson D L Family Trust
Romoland 64 LLC
Grant Deed
—
Jan 27, 2006
$2,596,000
Stephenson D L Family Trust
Yoo Family Trust
Grant Deed
—
Apr 30, 2003
$633,364
Romoland 64 LLC
Stephens,tr
Grant Deed
$394,410 · Stephens Trust
—
—
Romoland 64 LLC
—
Deed Of Trust
related
$1,500,000 · John P JR King
—
—
Square Heritage
—
Deed Of Trust
related
$4,000,000 · California Bank & Trust
—
—
Heritage Square Menifee LLC
—
Loan Modification
related
—
—
—
Heritage Square Menifee LLC
—
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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