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Property profile & analytics
FOR SALE
Sports & entertainment properties
21871 Richard St, Perris, CA 92570
Individually Owned
37-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4382767
For Sale
1 / 75
$2,200,000
21871 Richard St, Perris, CA 92570
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Property summary
AI-generated overview
This exceptional 14-acre property in Perris, CA, presents a unique investment opportunity. Located at 21871 Richard Street, the 7,500 square foot mixed-use facility sits on a sprawling 604,613 square foot lot and includes over a dozen buildings. Currently operating as a retreat facility and place of worship, the property is zoned Rural Residential with a valid plot plan (PP19818), offering significant flexibility. The diverse structures provide ample space for various uses, including sanctuaries, church gathering centers, shelters, office spaces, care centers, or dining halls. Three key buildings offer substantial accommodation: Shelter 1 boasts 10 rooms, each with a private full shower and bathroom
Property profile
Verified
Property type
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Year built
1776
Construction
TILT-UP CONCRETE
Total area
5,000 SF
Lot
13.88 ac (604,612 SF)
Zoning code
RR
APN
345-170-057
UPID
US09-4382767
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
-
RESTORATION AGAPE Resort Vacation Rental
-
Ministerio De Restauracion Agape - Food Distribution Center Food Bank Charitable Organization
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
Evangelical Form · 37 yrs held
Evangelical Form
since 1989
1 recorded transaction
Zoning & alternative use
RR · Perris, 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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
—
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
$6,476
Tax year 2024
Assessed value
$505,414
Assessed 2024
Previous assessed
$505,414
+0.0% YoY
Effective rate
1.28%
On assessed value
Assessed land
$232,188
Assessed improvement
$273,226
Applied tax rate
87.0000
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
Sports & entertainment properties
Use group
RECREATIONAL, ENTERTAINMENT
Status
For Sale
Year built
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
6
Stories
1
Units
8
Total area
5,000 SF
Lot
13.88 ac (604,612 SF)
Zoning code
RR
APN
345-170-057
UPID
US09-4382767
Jurisdiction
RIVERSIDE
Zoning & alternative use
RR · Perris, CA
Zoning RR · permitted uses
RR · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1776
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
6
Units
8
Lot
13.88 ac
Current owner
From public records · entity-resolved
Evangelical Form
Individual
Mailing address
2151 MICHELSON DR STE #282, IRVINE, CA 92612-1374
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
1989
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
1 recorded event · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 1, 1989
$184,500
Evangelical Form
Hemsley Loretta
Grant Deed
related
$84,276 · Hemsley Loretta
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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