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Financial
Distress signals
Property profile

212 W Markham St Perris, CA 92571

FOR LEASE
Other warehouses
Property ID
US09-4999736
82,147 SF 4.1 ac lot Built 2019
Last sale Oct 2021 · $17,313,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 4-yr Hold Held for 4 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

The property is a freestanding industrial building totaling 80,527 square feet, including approximately 2,262 square feet of two-story office space. It has ESFR fire protection and dock-high doors with fans, lights, and Z-guards, including seven doors with pit levelers. The building is served by electrical capacity of 1,200 Amps at 480/277 V and includes a 2,500 AMP UGPS. Warehouse clear height is approximately 30 feet, and the site includes a secured truck court. The facility is illuminated…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$218k
Tax billed · 2024
Assessed value$18.01M
Assessed land$2.41M
Assessed improvement$15.60M
Effective rate1.21%

Value estimate

· Oct 2026
$16.61M
$14.94M – $18.27M
AI approach$11.12M
CAP approach$12.60M
Submarket $/SF estimate$21.15M

Realmo valuation models over county records and 4 qualifying comparable sales.

Recently sold

What actually traded nearby?
$180/SF
Submarket average, outlier-cleaned · 21 recorded sales of this use type
Observed band · Q1–Q3$44 – $288
Qualifying comparables4

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BP
This zone is provided for uses generally served by arterial roadways and freeways. They include business/professional offices, storage, l...
General categoryINDUSTRIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Parking Facility9.6
Realty agency9.4
Plumbing Service8.9

Location

212 W Markham St Perris, CA 92571
County assessor Recorded deeds · 7 transfers 4 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
24685 Rider, Perris, CA 92571 $1,200,000 Jun 2024 70,958 SF
425 Rider St Ste B8, Perris, CA 92571-3230 $100,000 Apr 2024 13,768 SF
3091 Indian, Perris, CA 92571-3207 $5,000,000 Oct 2023 27,528 SF
480 Harley Knox, Perris, CA 92571-7584 $12,800,000 May 2023 41,357 SF
251 Rider, Perris, CA 92571-4613 $90,000,000 Dec 2022 355,031 SF
200 Sinclair, Perris, CA 92571-3101 $15,000,000 Oct 2022 46,800 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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