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Property profile & analytics
OFF-MARKET
Strip malls
23750 Alessandro Blvd Moreno Valley, CA 92553-8811
Entity Owned
12-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-3730593
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1966
Total area
1,512 SF
Lot
3.94 ac (171,626 SF)
Zoning code
NC
APN
296-300-008
UPID
US09-3730593
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
-
Hope Vision Center Association / Organization
-
Lighthouse Fitness Management Gym & Fitness Center
-
STAR BANQUET & EVENTS Take-out & Catering Catering Service
-
Mariscos El Zorrillo Restaurant
-
Wienerschnitzel Restaurant Take-out & Catering
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
Alessandro Group LLC · 12 yrs held
Alessandro Group LLC
since 2014
7 recorded transactions
Zoning & alternative use
NC · 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
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
$45,546
Tax year 2024
Assessed value
$4,005,679
Assessed 2024
Previous assessed
$4,005,679
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,914,505
Assessed improvement
$2,091,174
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1966
Heating
NONE
Bathrooms
2
Total area
1,512 SF
Lot
3.94 ac (171,626 SF)
Zoning code
NC
APN
296-300-008
UPID
US09-3730593
Jurisdiction
RIVERSIDE
Zoning & alternative use
NC · Moreno Valley, CA
Zoning NC · permitted uses
NC · 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
1966
Heating
NONE
Bathrooms
2
Lot
3.94 ac
Current owner
From public records · entity-resolved
Alessandro Group LLC
Entity
Mailing address
520 NEWPORT CTR DR STE #480, NEWPORT BEACH, CA 92660-7034
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2014
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
13 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jul 23, 2014
—
Alessandro Group LLC
—
Grant Deed
related
$7,000,000 · First Choice Bk
Apr 22, 2014
$6,000,000
Alessandro Group LLC
Tripeak LLC
Trustees Deed
related
$5,650,000 · First Choice Bank
Sep 24, 2009
—
Tripeak LLC
—
Deed Of Trust
related
$1,890,000 · Preferred Bank
Feb 1, 2005
—
Tripeak LLC
Tripeak LLC
Quit Claim Deed
related
—
Jul 8, 2004
$9,000,000
Tripeak LLC
T H & N S Chow LP
Grant Deed
$6,600,000 · Bank Of East Asia
Jan 17, 2002
—
T H LP
—
Deed Of Trust
related
$3,250,000 · Bank Of Canton
Dec 30, 1993
$2,000,000
J E Dewitt INC
Imperial Bank
Grant Deed
—
Dec 13, 1993
$6,150,000
T,h & N S Chow Ltd Partnership
Imperial,
Grant Deed
—
May 3, 1993
$3,699,867
Imperial Bank
Alessandro Plaza
Trustees Deed
related
—
—
—
Tripeak LLC
—
Deed Of Trust
related
$620,000 · Bmc Trust
—
—
Th LP
—
Deed Of Trust
related
$500,000 · Bank Of Canton
—
—
Bmw Management
—
Deed Of Trust
related
$1,824,334 · Wells Fargo Bank
—
—
Alessandro Group LLC
—
Deed Of Trust
related
$9,720,000 · Nano Banc
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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