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Property profile & analytics
OFF-MARKET
Estimated value
$7,750,000
Commercial land
Norco, CA 92860
Entity Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4640123
Property profile
Verified
Property type
Commercial land
Use group
VACANT COMMERCIAL LAND
Lot
15.91 ac (693,039 SF)
Zoning code
A120M
APN
123-250-007
UPID
US09-4640123
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
$7.75M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$7.75M
Owner & transaction history
N&k Investments LLC · 2 yrs held
N&k Investments LLC
since 2024
Last sale
$7.8M
7 recorded transactions
Zoning & alternative use
A120M · 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
$7,750,000
ML approach
$7,750,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$7.75M
Range $6.98M – $8.53M · ±10% · vs last sale $7.75M (Feb 14 2024)
Last sale anchor
$7.75M
Feb 14 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
$1,070
Tax year 2024
Assessed value
$82,921
Assessed 2024
Previous assessed
$82,921
+0.0% YoY
Effective rate
1.29%
On assessed value
Assessed land
$82,921
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
Commercial land
Use group
VACANT COMMERCIAL LAND
Status
Off-Market
Heating
NONE
Lot
15.91 ac (693,039 SF)
Zoning code
A120M
APN
123-250-007
UPID
US09-4640123
Jurisdiction
RIVERSIDE
Zoning & alternative use
A120M · Norco, CA
Zoning A120M · permitted uses
A120M · 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
Heating
NONE
Lot
15.91 ac
Current owner
From public records · entity-resolved
N&k Investments LLC
Entity
Mailing address
17272 NEWHOPE STK, FOUNTAIN VALLEY, CA 92708-4210
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Feb 14, 2024
$7,750,000
N&k Investments LLC
Inland Village LLC
Grant Deed
$3,250,000 · Shinyo Holdings LLC
Feb 27, 2020
—
Inland Village LLC
—
Deed
related
$4,474,300 · Hankey Cap
Feb 11, 2019
—
Inland Village LLC
—
Loan Modification
related
$4,474,300 · Hankey Cap
Feb 1, 2017
—
Inland Village LLC
—
Loan Modification
related
$4,364,500 · Hankey Cap
Dec 20, 2013
$1,750,000
Inland Village LLC
Cacerf Norco LLC
Grant Deed
—
Dec 16, 2009
$9,422,707
Cacerf Norco LLC
Mortgage Lender Svcs INC
Trustees Deed
related
—
Nov 15, 2002
—
Crv-sc Norco Partners LP
Norhill Properties LLC
Trustees Deed
$6,300,000 · Lawrence E Akers
Dec 27, 1994
$4,000,000
Wess Investment Corp
Wyle Laboratories
Grant Deed
—
—
—
Inland Village LLC
—
Loan Modification
related
$4,474,300 · Hankey Cap
—
—
Inland Village LLC
—
Deed Of Trust
related
$4,300,000 · Hankey Cap
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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