Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    130 Walnut W Ave A-17 Perris, CA 92571

    View on Map
    Claim this Listing
    New
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $525,000

    Flex space condo with office area and easy freeway access.

    Type:Industrial
    Property size:
    1,224 SF
    Added:
    Apr 24, 2026
    Days on Market:
    5
    Last Refresh:
    Apr 24 at 4:46 pm

    Property Features for 130 Walnut W Ave A-17

    General Information

    Standard status
    Active
    Size
    1,224 SF
    Property subtype
    Industrial

    We can help!

    Listing Contact
    MARIA ISABEL RAMIREZ

    Listing agent MARIA ISABEL RAMIREZ License #01737267

    Listing office

    Listing date Apr 24, 2026

    Source Elliman

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

    All listing content including descriptions, pricing, images are the copyrighted material of MARIA ISABEL RAMIREZ

    Overview

    Perris Flex Space Condo

    This flex space property, built in 2005, is located in Perris, California. The property is zoned L1 for light manufacturing. It features a site lot of 1,180 square feet and an office area of 1,224 square feet. The property includes two parking spaces, a loading area, and a loft room on the second floor, along with two additional rooms. The location provides easy access to shopping centers and the 215 freeway. The property is part of the Walnut Business Condos HOA.
    Location Intelligence

    Current Use by Public Records

    Express Realty & Investments Real Estate Agency Express Property Management ... Mediation Service K&O Auto Parts ... Auto Parts Store Perris Carpet & Supplies Carpet & Flooring Store Farmers Insurance - Crisma ... Insurance Agency

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.229135
    Latitude
    33.827445

    Nearby Similar for Sale

    • $1,999,000
      5,616 SF

      Perris Industrial Warehouse with Offices

      Industrial warehouse with offices, fenced yard, and included furnishings.
      3456 Webster, Perris, CA 92571
      View Details
    • $525,000
      1,224 SF

      Perris Commercial Condo For Sale

      Commercial condo in Perris, CA, with easy freeway access.
      130 Walnut W Avenue, Perris, CA 92571
      View Details
    • $2,200,000
      7,500 SF

      Perris Retreat Facility and Worship

      13.88 acre retreat facility and place of worship.
      21871 Richard, Perris, CA 92570
      View Details
    • $200,000

      Perris Land with Covered Structure

      Flat lot with street access and covered structure.
      20970 Rider, Perris, CA 92570
      View Details
    • $7,500,000
      1,000 SF

      49-Acre Property on Cajalco Rd

      Prime land with high visibility and growth potential in Perris.
      19255 Wood, Perris, CA 92570
      View Details
    • $1,999,000
      5,616 SF

      Industrial Warehouse with Office Space

      5616 sqft warehouse with offices, mezzanine, and fenced yard.
      3456 Webster, Perris, CA 92571
      View Details
    • $1,299,500
      1,876 SF

      New Commercial Building in Downtown

      High-visibility commercial building ideal for medical or professional use.
      378 W 4th, Perris, CA 92570
      View Details
    • $1,250,000
      5,895 SF

      Perris Multifamily Property with Development Potential

      1.1 acre lot with 5 units, pool, and development potential.
      4439 Wade Avenue, Perris, CA 92571
      View Details
    • Contact for pricing
      80,490 SF

      Freeway Plaza Retail Opportunity

      80,490 SF shopping center with freeway frontage in Perris.
      333 - 411 Wilkerson Ave, Perris, CA 92570
      View Details
    • $3,540,000
      12,000 SF

      Perris Industrial/Manufacturing Opportunity

      Industrial/Manufacturing property near key locations with access to major transportation.
      328 Malbert St., Unit B, Perris, CA 92570
      View Details
    • Contact for pricing

      NNN Ground Lease Raising Cane's

      15.5-year absolute NNN ground lease with rental increases.
      239 West Nuevo Road, Perris, CA 92571
      View Details
    • Contact for pricing
      11,680 SF

      Perris Industrial Property Available

      Industrial property available for sale or lease in Perris.
      1375 Nandina Ave, Perris, CA 92571
      View Details

    FAQs

    What type of property is this?
    Flex space - Flex space condo with office area and easy freeway access.
    Where is this flex space located?
    The property is located at 130 Walnut W Ave A-17 Perris, CA.
    What is the asking price?
    The asking price for this property is $525,000.
    What are key features of this property?
    This property features: Excellent location with easy access to shopping center and 215 freeway; Office area of 1,224 SF; Two parking spaces and loading area
    (951) 796-5315
    We can help!
    Listing Contact
    MARIA ISABEL RAMIREZ
    Real Estate License ID: 01737267
    Learn More
    Request Owner's contact information
    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.
    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
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!