0 Swc Iris & Perris Ave Moreno Valley, CA 92551
This exceptional 4.1-acre parcel in Moreno Valley, CA, presents a unique investment opportunity for discerning developers and businesses. Zoned for retail use, this single-tenant property boasts a total building square footage of 30,925 square feet and offers approximately 5 parking spaces per 1000 square feet. The property's strategic location at the Southwest corner of Iris Avenue and Perris Avenue places it within a thriving commercial corridor, benefiting from high visibility and convenient access. The site is part of a larger development, with Phase 1 already anchored by established businesses including Aldi Supermarket, Starbucks, Habit Burger, and Quick Quack Car Wash. The presence of a Home Depot across the street further enhances the area's retail draw. This location is surrounded by a robust mix of residential areas and schools, ensuring a consistent flow of potential customers. Phase 2, which includes this property, shares reciprocal access and parking with the successful Phase 1, maximizing convenience and synergy for tenants. The property's APN is 316-030-014, located in Riverside County, CA, zip code 92551. This is an ideal location for an anchor tenant or pad sites seeking high visibility and strong demographics. The property is ready for development and offers significant potential for long-term growth and profitability.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.