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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    12968 Frederick St Moreno Valley, CA 92553-5229

    • Office buildings
    • 6,477 SF
    • 1.29 lot acres
    OFF-MARKET
    Value Estimations
    $1,390,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2985693
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Donna Murphy, LMFT / Physician
    • Miss Mirian Beas / Marriage Or Relationship Counselor
    • Family Material Counselling Services / Counselor
    • Angel Of Faith / Counselor
    • Jocelyn Nunez / Foster Care Service / Social Service Agency

    Property Details for 12968 Frederick St

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.29 lot acres
    Property size
    6,477 SF
    Zone code
    R1
    Property type
    Office buildings
    APN
    292-072-048
    APU
    292072048

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,690,000
      6.5%
      $1,560,000
      7%
      $1,450,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,075,000
      Market price range: $208k - $1.08M

    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $1,760,000
      Current use
      NEIGHBORHOOD: SHOPPING CENTER
      $1,940,000
      Change: +10% Conversion: Difficult
      WAREHOUSE, STORAGE
      $1,915,000
      Change: +9% Conversion: Difficult
      RETAIL STORES
      $1,845,000
      Change: +5% Conversion: Moderate

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.261
    Latitude
    33.9327
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $28,316
    $590,668
    $1,914,421
    $2,505,089
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      3.88 Acres

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      OFFICE BUILDING • 3.88 Acres
      22700 Alessandro Blvd Ste A, Moreno Valley, CA 92553-8560
      View Details
    • Value Estimation
      $1,120,000
      9,573 SF

      21801 Alessandro Blvd

      OFFICE BUILDING • 9,573 SF
      21801 Alessandro Blvd, Moreno Valley, CA 92553-8202
      View Details
    • Value Estimation by Request
      11,735 SF

      22515 Alessandro Blvd

      OFFICE BUILDING • 11,735 SF
      22515 Alessandro Blvd, Moreno Valley, CA 92553-8502
      View Details
    • Value Estimation
      $1,245,000
      9,216 SF

      23110 Atlantic Cir

      OFFICE BUILDING • 9,216 SF
      23110 Atlantic Cir, Moreno Valley, CA 92553-5920
      View Details
    • Value Estimation
      $1,310,000
      6,813 SF

      14137 Business Ctr Dr

      OFFICE BUILDING • 6,813 SF
      14137 Business Ctr Dr, Moreno Valley, CA 92553-9101
      View Details
    • Value Estimation
      $875,000
      5,522 SF

      24384 Sunnymead Blvd

      OFFICE BUILDING • 5,522 SF
      24384 Sunnymead Blvd, Moreno Valley, CA 92553-3069
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      51,069 SF

      Moreno Valley Industrial Office Complex

      Executive Office & Warehouse Space - 51,069 SF
      13850 Old 215 Frontage Rd, Moreno Valley, CA 92553
      View Details
    • Contact for pricing
      26,330 SF

      Moreno Valley Industrial/Office Space

      Executive Office & Warehouse - 26,330 SF
      13860 Old 215 Frontage Rd, Moreno Valley, CA 92553
      View Details
    • Contact for pricing
      8.43 Acres

      14075 Frederick St

      Land • 8.43 Acres
      14075 Frederick St, Moreno Valley, CA 92553
      View Details
    • $180,000

      Established Restaurant Business Opportunity

      Profitable, fully-equipped restaurant with juice stand in high-traffic area.
      24757 Alessandro Blvd, Moreno Valley, CA 92553
      View Details
    • Contact for pricing
      12 SF

      Available Land in Growing Area

      Land available for sale in a growing area.
      Brodiea Ave & Perris Blvd, Moreno Valley, CA 92553
      View Details
    • $1,890,000

      Retail Investment Near Moreno Valley Mall

      Freestanding retail building with income and upside potential.
      23031 Sunnymead Blvd, Moreno Valley, CA 92553
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr
      30,656 SF

      Freestanding Building Near Amenities

      Freestanding building near restaurants and banks available for rent.
      23119 Cottonwood Ave, Moreno Valley, CA 92553
      View Details
    • Contact for pricing
      111,060 SF

      Moreno Valley Commercial Center

      Prime Moreno Valley Retail & Office Space
      23962 Alessandro Blvd, Moreno Valley, CA 92553
      View Details
    • $1.05 SF/Yr
      366,698 SF

      Moreno Valley Industrial/Office Complex

      Huge Warehouse/Office Space Available
      22705 Newhope Dr, Moreno Valley, CA 92553
      View Details
    • Contact for pricing

      Professional Office/Retail Space Available

      Office/Retail space suitable for law, insurance, real estate, and admin.
      12981 Perris Blvd, Moreno Valley, CA 92553
      View Details
    • $19 SF/Yr
      3,930 SF

      22550 Town Cir

      Office space
      22550 Town Cir, Moreno Valley, CA 92553
      View Details
    • Sponsored
      Contact for pricing

      CA, Moreno Valley - Town Cir

      Workspaces, services and support to help you grow your business in DC, Washington - 609 H Street
      22550 Town Cir, Moreno Valley, CA 92553
      View Details
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    Moreno Valley, CA 92553-5229
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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