Technical
Financial
Distress signals
Property profile

11401 Heacock St Moreno Valley, CA 92557

OFF-MARKET
Medical Office Space
Property ID
US09-2912096
6,572 SF 3.15 ac lot Built 1988
Individually Owned 7-yr Hold Absentee Owner ~ Est. High Equity
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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

Current use

Occupant on record · Public records
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic
  • Pediatrician Medical Clinic

Location

11401 Heacock St Moreno Valley, CA 92557-7908
Moreno Valley metro Census 42409 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2019
7 recorded transactions
2019
Price N/A
2016
Price N/A
1997
$2.3M
1996
Price N/A
1995
Price N/A
1992
$300,000
1990
$29,000

Zoning & alternative use

RA · Moreno Valley, CA
Top alternative use upside
Retail stores $2.0M +12.1%
Industrial (general) $2.0M +10.8%
Neighborhood: shopping center $2.0M +9.7%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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