Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    24830 Rivard Rd Moreno Valley, CA 92551

    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Industrial warehouse property with estimated completion in October 2023.

    Property size:
    43,400 SF

    Property Features for 24830 Rivard Rd

    General Information

    Size
    43,400 SF

    Building Details

    Year built
    2024

    We can help!

    Listing Contact
    Austin Hill
    Austin Hill
    Source: Lee-associates

    Listing Agent: Austin Hill

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Industrial Warehouse For Sale

    This industrial warehouse property, with an estimated completion date in October 2023, offers a total area of 43,400 square feet. The property is located on Rivard Road in Moreno Valley, California.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Warehouses

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.2281923
    Latitude
    33.8731278

    Nearby Similar for Sale

    • $1,900,000
      4,375 SF

      Moreno Valley Retail Property For Sale

      Prime retail property in Moreno Valley with high traffic exposure.
      24200 Sunnymead Blvd, Moreno Valley, CA 92553
      View Details
    • $180,000

      Established Restaurant Business Opportunity

      Profitable, fully-equipped restaurant with juice stand in high-traffic area.
      24757 Alessandro Blvd, Moreno Valley, CA 92553
      View Details
    • New
      $1,250,000
      4,344 SF

      Moreno Valley Quadruplex For Sale

      Four units with upgrades in a neighborhood of fourplexes.
      22790 Allies Pl, Moreno Valley, CA 92553
      View Details
    • New
      $975,000
      Pending

      Moreno Valley Income Property

      Four-unit income property in Moreno Valley with immediate cash flow.
      15139 Elm Ct, Moreno Valley, CA 92551
      View Details
    • $1,900,000

      Moreno Valley Retail Property For Sale

      Prime retail property in Moreno Valley with high traffic exposure.
      24200 Sunnymead Blvd, Moreno Valley, CA 92553
      View Details
    • $164,900

      Renovated Mobile Home in 55+ Community

      Recently renovated mobile home in a vibrant 55+ community.
      23820 Ironwood Ave, Moreno Valley, CA 92557
      View Details
    • $625,000

      Two-Unit Home with Pool

      Two-unit property with pool, ideal for multi-generational living.
      25141 Silent Creek Rd, Moreno Valley, CA 92553
      View Details
    • $489,900

      Established Baskin Robbins Franchise Opportunity

      Turnkey Baskin Robbins franchise with strong local partnerships and social media.
      12190 Perris Blvd, Moreno Valley, CA 92324
      View Details
    • $1,890,000

      Retail Investment Near Moreno Valley Mall

      Freestanding retail building with income and upside potential.
      23031 Sunnymead Blvd, Moreno Valley, CA 92553
      View Details
    • $99,900

      Moreno Valley 55+ Gated Community

      Two-bedroom, two-bath manufactured home in a premier gated community.
      23820 Ironwood 189, Moreno Valley, CA 92557
      View Details
    • $110,000

      Senior Community Mobile Home

      Mobile home in a 55+ senior community.
      23820 Ironwood 143, Moreno Valley, CA 92557
      View Details
    • $399,900
      1,444 SF

      Charming Condo in Gated Community

      2-bedroom condo in a gated community, close to amenities.
      25840 Iris Ave, Moreno Valley, CA 92551
      View Details

    FAQs

    What type of property is this?
    Industrial property - Industrial warehouse property with estimated completion in October 2023.
    Where is this industrial property located?
    The property is located at 24830 Rivard Rd Moreno Valley, CA.
    What are key features of this property?
    This property features: - Newly built in 2024; - Estimated completion date: October 2023; - Assuming no other information is available, these are the only factual selling points
    (909) 989-7771
    Request Owner's contact information
    24830 Rivard Rd Moreno Valley, CA 92551
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    24830 Rivard Rd
    Moreno Valley, CA 92551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    24830 Rivard Rd Moreno Valley, CA 92551
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Austin Hill
    Austin Hill
    Real Estate License ID: 01921364 (CA)
    (909) 989-7771
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.