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Property profile & analytics
FOR LEASE
Office buildings
12981 Perris Blvd Moreno Valley, CA 92553
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-0108188
For Lease
$3,215,000
12981 Perris Blvd, Moreno Valley, CA 92553
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1991
Construction
WOOD
Total area
27,320 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C1
APN
481-210-049
UPID
US09-0108188
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
-
Players Comics and Cards (Bike/Boat/Book/etc) Store Newspaper & Magazine
-
Latin USA Income Tax Tax Preparation
-
Qwest Medical Medical Clinic
-
Fred Jefferson Memorial Foster Foster Care Service Social Service Agency
-
Farmers Insurance - Julia Lara Insurance Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.61M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$4.42M
Blend (final)
Blend
$3.22M
Owner & transaction history
Echo Realty LLC · 4 yrs held
Echo Realty LLC
since 2022
Last sale
$3.9M
7 recorded transactions
Zoning & alternative use
C1 · Moreno Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$2,715,000
ML approach
$2,605,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$3.22M
Range $2.89M – $3.54M · ±10% · vs last sale $3.85M (Jun 29 2022)
Last sale anchor
$3.85M
Jun 29 2022
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
$118 / 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
$45,107
Tax year 2024
Assessed value
$4,005,540
Assessed 2024
Previous assessed
$4,005,540
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$1,362,924
Assessed improvement
$2,642,616
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
1991
Construction
WOOD
Heating
NONE
Stories
2
Total area
27,320 SF
Lot
1.5 ac (65,340 SF)
Zoning code
C1
APN
481-210-049
UPID
US09-0108188
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Moreno Valley, CA
Zoning C1 · permitted uses
C1 · Moreno Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Moreno Valley. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1991
Construction
WOOD
Heating
NONE
Stories
2
Lot
1.5 ac
Current owner
From public records · entity-resolved
Echo Realty LLC
Entity
Mailing address
1012 GINSBERG CT, RIVERSIDE, CA 92506-7500
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 29, 2022
$3,850,000
Echo Realty LLC
Etash Moreno LLC
Grant Deed
$2,502,500 · Citizens Business Bank
Apr 21, 2020
$1,650,000
Etash Moreno LLC
Magna Enterprises INC
Grant Deed
$1,155,000 · Bank Of The West
Dec 26, 2018
—
Magna & Magna LLC
—
Deed
related
$3,200,000 · Other Institutional Lenders
Oct 31, 2017
—
Magna Ents INC
—
Deed
related
$3,200,000 · Redwood Mortgage Investors Ix LLC Redwood Mortgage Investors Ix LLC
Sep 30, 2004
—
Jackson Federal Bank
Magna Ents INC
Grant Deed
related
—
Dec 24, 2003
$1,505,000
Magna Enterprises INC
Amber Realty Co
Grant Deed
$1,205,000 · Amber Realty Co
Sep 23, 1993
$1,200,000
Amber Realty Co
Hemet Federal Sa
Grant Deed
—
—
—
Magna & Magna LLC
—
Loan Modification
related
$3,200,000 · Other Institutional Lenders
—
—
Magna Ents INC
—
Deed Of Trust
related
$1,225,000 · Jackson Federal Bank
—
—
Magna Ents INC
—
Deed Of Trust
related
$3,200,000 · Redwood Mortgage Investors Ix LLC Redwood Mortgage Investors Ix LLC
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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