Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
    New search
    Property profile & analytics
    OFF-MARKET Estimated value $1,445,000
    Medical Office Space

    11401 Heacock St, Moreno Valley, CA 92557-7908

    6,572 SF 3.15 ac lot Built 1988
    Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
    Property ID
    US09-2912096
    Property summary
    AI-generated overview

    This exceptional 30,243 square foot medical office building presents a compelling investment opportunity in Moreno Valley, California. Boasting a strong 7.39% cap rate and a substantial net operating income (NOI) of $343,578, this property offers significant returns. Constructed in 1988, the building is situated on a highly visible 660+ foot frontage along Heacock Street, providing excellent signage opportunities for attracting patients and maximizing brand awareness. The property features ample parking to accommodate both staff and visitors, ensuring convenience and accessibility. The tranquil landscaping contributes to a peaceful and welcoming atmosphere for patients and staff alike. The building's location within Moreno Valley benefits from a growing market experiencing expansion in healthcare, logistics, and retail sectors, promising continued strong performance and potential for future appreciation. The property's Assesor's Parcel Number (APN) is 264-060-009. The asking price is $4,650,000. All 30,243 square feet are net rentable. This is a rare opportunity to acquire a well-maintained, high-performing medical office building in a thriving market. The property's prime location and strong financial performance make it an ideal investment for discerning buyers seeking stable income and long-term growth.

    Property profile
    Verified
    Property type Medical Office Space
    Use group MEDICAL BUILDING
    Year built 1988
    Construction WOOD
    Total area 6,572 SF
    Lot 3.15 ac (137,214 SF)
    Zoning code RA
    APN 264-060-009
    UPID US09-2912096
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Janessa James Pediatrician Medical Clinic
    • Dr. Mary Ann A. Magoun, DO Pediatrician Medical Clinic
    • Derek Mccalla Pediatrician Medical Clinic
    • Sabiha Kanchwala Pediatrician Medical Clinic
    • OLUWAFISAYOMI NWACHUKWU Pediatrician Medical Clinic
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    $1.52M
    Comparable Approach Comparable
    $1.16M
    Blend (final) Blend
    $1.45M
    Owner & transaction history
    Dong S Kim · 7 yrs held
    Dong S Kim
    since 2019
    7 recorded transactions
    2019
    2016
    1997
    $2.3M
    1996
    1995
    1992
    $300,000
    1990
    $29,000
    Zoning & alternative use
    RA · Moreno Valley, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Retail stores $2.0M +12.1%
    Industrial (general) $2.0M +10.8%
    Neighborhood: shopping center $2.0M +9.7%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    You own 11401 Heacock St?
    List it free. Reach 20,000 daily buyers.
    We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
    List this address →
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message