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Property profile & analytics
FOR SALE
Office buildings
22835 Calle San Juan De Los Lagos Moreno Valley, CA 92553
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-4027012
For Sale
1 / 4
$3,550,000
22835 Calle San Juan De Los Lagos, Moreno Valley, CA 92553
View Listing →
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
2001
Construction
TILT-UP CONCRETE
Total area
16,440 SF
Lot
1.21 ac (52,707 SF)
APN
297-220-018
UPID
US09-4027012
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
-
office Corporate Office
-
Cal State San Bernardino Re-entry Initiative Training Center Tutoring Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$2.42M
CAP Approach
CAP
$3.96M
Comparable Approach
Comparable
$2.71M
Blend (final)
Blend
$2.89M
Owner & transaction history
Pape Properties INC · 1 yrs held
Pape Properties INC
since 2025
Last sale
$3.0M
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$4.7M
+4.8%
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
$2,920,000
ML approach
$2,420,000
CAP Approach
CAP Return
Estimation
6%
$4,285,000
6.5%
$3,955,000
7%
$3,675,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$4,470,000
Current use
RETAIL STORES
$4,680,000
Change: +5% · Conversion: Moderate
Blend value · Realmo final
$2.89M
Range $2.60M – $3.17M · ±10% · vs last sale $2.95M (Jun 30 2021)
Last sale anchor
$2.95M
Jun 30 2021
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
$175 / 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
$28,979
Tax year 2024
Assessed value
$2,459,349
Assessed 2024
Previous assessed
$2,459,349
+0.0% YoY
Effective rate
1.18%
On assessed value
Assessed land
$671,214
Assessed improvement
$1,788,135
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 Sale
Year built
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
16,440 SF
Lot
1.21 ac (52,707 SF)
APN
297-220-018
UPID
US09-4027012
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
OFFICE BUILDING Current
Est. value
$4.5M
RETAIL STORES
Est. value
$4.7M
OFFICE BUILDING Current
RETAIL STORES
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
2001
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.21 ac
Current owner
From public records · entity-resolved
Pape Properties INC
Entity
Mailing address
6444 SAN FERNANDO RD UNIT #3944, GLENDALE, CA 91221-7047
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 31, 2025
$3,000,000
Pape Properties INC
Chase Resource LP
Grant Deed
—
Jan 25, 2024
—
Chase Resource LP
—
Deed
related
$950,000 · Terrence Cooney
Aug 10, 2023
—
Chase Resource LP
—
Deed
related
$3,000,000 · Nikols Mortgage Fund LLC
Mar 3, 2023
—
Chase Resource LP
Chase Los Lagos LP
Deed
related
$3,000,000 · Nikols Mortgage Fund LLC
Feb 24, 2023
—
Chase Los Lagos LP
—
Deed
related
$1,850,000 · Cathay Bank
Jul 15, 2022
—
Chase Los Lagos LLC
—
Deed
related
$3,000,000 · Nikols Mortgage Fund LLC
Jun 30, 2021
$2,950,000
Chase Los Lagos LP
Brown & Weiner
Grant Deed
$200,000 · Nikols Mortgage Fund LLC
—
—
Brown
—
Deed Of Trust
related
—
—
—
Brown
—
Deed Of Trust
related
$1,470,000 · Union Bank Of California
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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