Back to Search
Property profile & analytics
FOR LEASE
Distribution centers
17783 N Indian St Moreno Valley, CA 92551
Individually Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4501978
For Lease
1 / 3
Contact for pricing
17783 N Indian St, Moreno Valley, CA 92551
View Listing →
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2019
Construction
TILT-UP CONCRETE
Total area
436,350 SF
Lot
19.47 ac (848,113 SF)
APN
316-211-018
UPID
US09-4501978
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
-
WeBrew Big Box & Wholesale Store Specialty Food Shop
-
Lowe's warehouse Employee Parking Warehouse & Storage
-
Indian Street Commerce Center Corporate Office
-
Toolots Factory Industrial Manufacturer
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$75.51M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$106.12M
Owner & transaction history
Rreef Cpif 17783 Indian Street Ca L · 4 yrs held
Rreef Cpif 17783 Indian Street Ca L
since 2022
Last sale
$125.4M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$133.7M
+3.7%
Industrial (general)
$132.1M
+2.5%
Neighborhood: shopping center
$130.8M
+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
$98,140,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$81,805,000
6.5%
$75,510,000
7%
$70,120,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$128,925,000
Current use
RETAIL STORES
$133,665,000
Change: +4% · Conversion: Moderate
INDUSTRIAL (GENERAL)
$132,095,000
Change: +2% · Conversion: Easy
NEIGHBORHOOD: SHOPPING CENTER
$130,830,000
Change: +1% · Conversion: Moderate
Blend value · Realmo final
$106.12M
Range $95.50M – $116.73M · ±10% · vs last sale $125.41M (Jul 8 2022)
Last sale anchor
$125.41M
Jul 8 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
$243 / 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
$1,435,949
Tax year 2024
Assessed value
$127,915,245
Assessed 2024
Previous assessed
$127,915,245
+0.0% YoY
Effective rate
1.12%
On assessed value
Assessed land
$21,624,000
Assessed improvement
$106,291,245
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
For Lease
Year built
2019
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Total area
436,350 SF
Lot
19.47 ac (848,113 SF)
APN
316-211-018
UPID
US09-4501978
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
$128.9M
RETAIL STORES
Est. value
$133.7M
INDUSTRIAL (GENERAL)
Est. value
$132.1M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$130.8M
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
2019
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Lot
19.47 ac
Current owner
From public records · entity-resolved
Rreef Cpif 17783 Indian Street Ca L
Individual
Free & Clear · 4 yrs held
Mailing address
222 S RIVERSIDE PLZ FL, CHICAGO, IL 60606-5808
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
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 8, 2022
$125,407,500
Rreef Cpif 17783 Indian Street Ca L
Ca Indian Street De LLC
Grant Deed
—
Oct 18, 2021
$79,990,000
Ca Indian Street De LLC
Nandina Owner LLC
Grant Deed
—
Mar 3, 2020
—
Nandina Owner LLC
—
Deed
related
$35,400,000 · Invesco Cmi Bmo Industrial Sel
Aug 12, 2019
—
Nandina Owner LLC
—
Deed
related
$35,400,000 · Invesco Cmi Bmo Industrial Sel
May 6, 2019
$47,562,500
Nandina Owner LLC
Moreno Indian LLC
Trustees Deed
$35,400,000 · Invesco Cmi Invs LP
Apr 26, 2011
$1,100,000
Vogel Properties INC
Marge,guy E & Joan J
Grant Deed
—
Sep 14, 2009
$100,000
Marge,guy E & Joan J
Storm Properties INC
Grant Deed
—
Aug 30, 2006
—
Librenjak,pauline M
Librenjak,anthony M
Quit Claim Deed
related
—
Mar 10, 2005
$275,000
Librenjak,pauline M & Anthony M
Francis Family Trust B
Grant Deed
—
Nov 22, 1993
—
Robert M Etal Francis
Francis,robert M
Quit Claim Deed
related
—
—
—
Nandina Owner LLC
—
Loan Modification
related
$35,400,000 · Invesco Cmi Bmo Industrial Sel
—
—
Nandina Owner LLC
—
Deed Of Trust
related
$35,400,000 · Invesco Cmi Bmo Industrial Sel
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
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
