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Property profile & analytics
FOR LEASE
Office buildings
12199 Heacock St Moreno Valley, CA 92557
Entity Owned
6-yr Hold
~
Est. High Equity
Property ID
US09-3787115
For Lease
1 / 10
$2,665,000
12199 Heacock St, Moreno Valley, CA 92557
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1990
Construction
WOOD
Total area
11,126 SF
Lot
0.7 ac (30,491 SF)
APN
292-182-021
UPID
US09-3787115
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
-
Chinese Medicine Clinic Medical Clinic
-
Tax Resolution Advice Tax Preparation
-
Empire Gardens Medical Clinic
-
Moreno Valley Resource Center Adult Day Care
-
United California Realty Inc Property Management Company
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.67M
CAP Approach
CAP
$2.68M
Comparable Approach
Comparable
$3.07M
Blend (final)
Blend
$2.67M
Owner & transaction history
A & A Property Investments · 6 yrs held
A & A Property Investments
since 2020
Last sale
$2.5M
3 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$3.4M
+12.7%
Industrial (general)
$3.4M
+11.4%
Neighborhood: shopping center
$3.3M
+10.3%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Moreno Valley submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Moreno Valley submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$2,685,000
ML approach
$2,670,000
CAP Approach
CAP Return
Estimation
6%
$2,900,000
6.5%
$2,680,000
7%
$2,485,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$3,025,000
Current use
RETAIL STORES
$3,410,000
Change: +13% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$3,370,000
Change: +11% · Conversion: Difficult
NEIGHBORHOOD: SHOPPING CENTER
$3,335,000
Change: +10% · Conversion: Difficult
Blend value · Realmo final
$2.67M
Range $2.40M – $2.93M · ±10% · vs last sale $2.45M (Jun 1 2020)
Last sale anchor
$2.45M
Jun 1 2020
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$240 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,572
Tax year 2024
Assessed value
$2,626,892
Assessed 2024
Previous assessed
$2,626,892
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$391,352
Assessed improvement
$2,235,540
Applied tax rate
21.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
For Lease
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Total area
11,126 SF
Lot
0.7 ac (30,491 SF)
APN
292-182-021
UPID
US09-3787115
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$3.0M
RETAIL STORES
Est. value
$3.4M
INDUSTRIAL (GENERAL)
Est. value
$3.4M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$3.3M
OFFICE BUILDING Current
RETAIL STORES
INDUSTRIAL (GENERAL)
NEIGHBORHOOD: SHOPPING CENTER
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1990
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.7 ac
Current owner
From public records · entity-resolved
A & A Property Investments
Entity
Mailing address
12199 HEACOCK ST, MORENO VALLEY, CA 92557-7107
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2020
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
3 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 1, 2020
$2,450,000
A & A Property Investments
David S Moody
Grant Deed
$1,450,000 · David S Moody
Nov 18, 2016
—
David S Moody
—
Deed
related
$740,000 · Bofi Federal Bank
Jul 21, 2006
$1,600,000
David S Moody
Arc Riverside
Grant Deed
$900,000 · Luther Burbank Savings
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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