Moreno Valley Office Building For
For Sale
$4,500,000
13027 Perris Boulevard, Moreno Valley, CA 92553
Two-story commercial office building with 24 units and ample parking.
Property Size23,136 SF
Lot Size1.00 Acre
Price / SF$194.50
Days on Market180
Property Features for 13027 Perris Boulevard
General Information
Standard status
Active
Size
23,136 SF
Lot size
1.00 Acre
Building Details
Year Built
1988
Listing Agency:
ALTICORE REALTY
Listed By:
BLANCA ALVAREZ · License #01801789
(818) 321-1286
Source:
Myfabuloushome
Added: Apr 24
Changed: Oct 8
Last Checked: Oct 7 at 5:26PM
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 ALTICORE REALTY
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Investment Insights
Based on property information with market context.
Located in Moreno Valley, the two-story commercial office building at 13027 Perris Blvd is available for sale. This free-standing building features 24 rental units, each equipped with its own electric meter. The property includes 74 parking spaces and is situated on a 1+ acre parcel. The entrance off of Perris Ave sidewalk is visible and protected with a steel security gate. The location is very close to the 60 Fwy.
Key Highlights
- Prime location in the heart of Moreno Valley, very close to the 60 Fwy.
- Highly desirable, low‑maintenance, free‑standing two‑story commercial office building.
- Consists of 24 rental units, providing a substantial investment opportunity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$339,355
Cap Rate
7.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,787,100
$6.8M
Cap Rate 7%
$4,847,929
$4.8M
Cap Rate 9%
$3,770,611
$3.8M
Market Conditions
NOI Build-Up for 23,136 SF
Gross rent
$488.6K $21.12/SF
− Vacancy
−$36.2K −$1.56/SF
EGI
$452.5K $19.56/SF
− OpEx
−$113.1K −$4.89/SF
NOI
$339.4K $14.67/SF
Area
Moreno Valley, CA
Vacancy
7.40%
Lease Rate
$21.12 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$6,787,100
Cap Rate 7%
$4,847,929
Cap Rate 9%
$3,770,611
Alternative Uses
Best Use
Office B
$4.85M
$4.24M – $5.66M
NOI $339,355 @ 7.0% cap · market cap 7.54%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$7.93M
$6.94M – $9.25M
NOI $555,031 @ 7.0% cap · market cap 12.33%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
659
Businesses Nearby
Explore this area
Business Placement
Demographics for 92553, CA
76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Office building - Two-story commercial office building with 24 units and ample parking.
Where is this office building located?
The property is located at 13027 Perris Boulevard Moreno Valley, CA.
What is the asking price?
The asking price for this property is $4,500,000.
What are key features of this property?
This property features: Prime location in the heart of Moreno Valley, very close to the 60 Fwy.; Highly desirable, low‑maintenance, free‑standing two‑story commercial office building.; Consists of 24 rental units, providing a substantial investment opportunity.
