23100 Alessandro BlvdMoreno Valley, CA 92553

Property Details for 23100 Alessandro Blvd

Lot size

1.62 AC

Zone code

NC

Property type

Retail properties

Property subtype

Strip malls

APN

296-200-007

APU

296200007

Description

Plaza Del Sol is a well-established community center located at 23100 Alessandro Blvd, Moreno Valley, CA 92553. This multi-tenant retail property enjoys a highly visible position at the northeast corner of Alessandro Boulevard and Frederick Street, a high-traffic intersection in Riverside County. Its strategic location between the 60 and 215 freeways ensures excellent accessibility and exposure to a large customer base. Current tenants include popular local businesses such as Avocado Burger and Kalaveras, demonstrating the center's appeal and established tenancy. The property is classified as a retail community center and storefront, offering a diverse range of opportunities for potential investors or business owners. The property's address is verified as 23100 Alessandro Blvd, Moreno Valley, CA 92553, with GPS coordinates of 33.91865602381686 latitude and -117.26022545970494 longitude. This established center presents a compelling investment opportunity in a thriving Moreno Valley location. Further details regarding lease terms and financial information are available upon request.

• CAP approach

  CAP return

  Valuation

  6%

  $28,510,158

  6.5%

  $26,317,068

  7%

  $24,437,278

• Comparable approach

  Method

  Valuation

  Relative Method

  $31,195,180

  Geo Method

  $62,590,416

• Alternative Use

  Use

  Valuation

  Residential

  $22,199,432

  Hospitality

  $20,334,560

  Educational

  $16,918,116

  Medical

  $17,499,956

  Retail

  $26,317,068

Location Insight

City

Moreno Valley

County

Riverside

State

California

Latitude

33.918

Longitude

-117.259

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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