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Property profile & analytics
OFF-MARKET
Estimated value
$111,690,000
Warehouses
17500 Perris Blvd Moreno Valley, CA 92551-9547
Entity Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-2758493
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2004
Construction
TILT-UP CONCRETE
Total area
545,441 SF
Lot
92.37 ac (4,023,637 SF)
APN
312-250-043
UPID
US09-2758493
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
-
Walgreens Distribution Center Distribution Center Logistics Company
-
Coinhub Bitcoin ATM Teller Atm
-
Jack Marquez Physician
-
Ray S. Howerton, MS Gym & Fitness Center
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$111.69M
CAP Approach
CAP
$94.39M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$111.69M
Owner & transaction history
Tmg Mv Real Estate Investments LLC · 2 yrs held
Tmg Mv Real Estate Investments LLC
since 2024
Last sale
$111.7M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$167.1M
+3.7%
Industrial (general)
$165.1M
+2.5%
Neighborhood: shopping center
$163.5M
+1.5%
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
$111,690,000
ML approach
$111,690,000
CAP Approach
CAP Return
Estimation
6%
$102,255,000
6.5%
$94,390,000
7%
$87,650,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$161,155,000
Current use
RETAIL STORES
$167,085,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$165,120,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$163,540,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$111.69M
Range $100.52M – $122.86M · ±10% · vs last sale $111.69M (Jan 4 2024)
Last sale anchor
$111.69M
Jan 4 2024
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
$205 / 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
$1,269,165
Tax year 2024
Assessed value
$112,016,560
Assessed 2024
Previous assessed
$112,016,560
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$10,109,261
Assessed improvement
$101,907,299
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
545,441 SF
Lot
92.37 ac (4,023,637 SF)
APN
312-250-043
UPID
US09-2758493
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
WAREHOUSE, STORAGE Current
Est. value
$161.2M
RETAIL STORES
Est. value
$167.1M
INDUSTRIAL (GENERAL)
Est. value
$165.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$163.5M
WAREHOUSE, STORAGE 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
2004
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
92.37 ac
Current owner
From public records · entity-resolved
Tmg Mv Real Estate Investments LLC
Entity
Mailing address
PO BOX 1159, DEERFIELD, IL 60015-6002
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 11, 2024
—
Tmg Mv Real Estate Investments LLC
—
Deed
related
$59,000,000 · Protective Life Insurance Co
Jan 4, 2024
$111,690,000
Tmg Mv Real Estate Investments LLC
Walgreen Co
Grant Deed
$17,750,000 · American Savings Bank Fsb
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.
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