0 Swc Iris & Perris Ave Moreno Valley, CA 92551
This exceptional 4.5-acre parcel in Moreno Valley, CA (APN 316-030-014), zoned for retail use, presents a unique investment opportunity. Located at the southwest corner of Iris Avenue and Perris Avenue, this property boasts a highly desirable location with strong existing infrastructure and immediate access to a significant residential population. The site offers convenient access to a signalized intersection, ensuring high visibility and accessibility for potential tenants. Currently, only two drive-thru pads remain available for ground lease. This development is strategically positioned near a national supermarket, carwash, and Starbucks, creating a synergistic retail environment. A Home Depot is conveniently located across the street, further enhancing the area's commercial appeal. The surrounding area is densely populated with residential communities and schools, providing a robust customer base. The property benefits from proximity to major employers including Amazon, Ross Stores, P&G, Walgreens, and Home Depot, ensuring a consistent flow of potential customers. This is an ideal location for restaurants or other retail uses seeking high visibility and strong consumer traffic in a thriving Moreno Valley market. The property's 5 parking spaces per 1,000 square feet provide ample parking for customers and employees. Don't miss this chance to secure a prime retail location in a rapidly growing area.
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
Similar Nearby for Sale
Similar Nearby for Lease
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.