Technical
Financial
Distress signals
Property profile

23900 Brodiaea Ave Moreno Valley, CA 92553

OFF-MARKET
Warehouses
Property ID
US09-4757386
104,282 SF 6.71 ac lot Built 2018
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
Saved · see the list in your Dashboard

Property profile

Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2018
Construction TILT-UP CONCRETE
Total area 104,282 SF
Lot 6.71 ac (292,287 SF)
Zoning code BP
APN 297-170-078
UPID US09-4757386

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Freight Service Logistics Company
  • Warehouse & Storage
  • Storage Facility

Location

23900 Brodiaea Ave Moreno Valley, CA 92553-8841
Moreno Valley metro Census 42511 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$18.05M
Comparable Approach Comparable
$20.10M
Blend (final) Blend
$28.92M

Owner & transaction history

since 2023
Last sale
$33.4M
7 recorded transactions
2024
Price N/A
2023
$33.4M
2022
$27.0M
2021
Price N/A
2020
Price N/A
2018
$11.9M
2018
Price N/A

Zoning & alternative use

BP · Moreno Valley, CA
Zoning description

Business Park District (BP). The primary purpose of the business park (BP) district is to provide for light industrial, research and development, office-based firms and limited supportive commercial in an attractive and…

General category INDUSTRIAL
Top alternative use upside
Auto repair, garage $45.0M +46.1%
Neighborhood: shopping center $31.3M +1.5%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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?”
You own 23900 Brodiaea Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message