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Property profile & analytics
FOR SALE
Commercial real estate

24200 Sunnymead Blvd Moreno Valley, CA 92553

Built 1954
Individually Owned 9-yr Hold
Property ID
US10-2228606
Property summary
AI-generated overview

This exceptional retail property, located at 24200 Sunnymead Boulevard in Moreno Valley, California, presents a compelling investment opportunity for both owner-users and investors. Built in 1954 and recently undergoing a complete remodel and refresh, this property offers a unique chance to acquire a premium retail space in a thriving location. The asking price is $3,200,000. The property is situated in Riverside County, California, with a convenient zip code of 92553. Its prime location offers excellent visibility and accessibility for customers. The extensive remodel ensures the space is modern and ready for immediate occupancy, minimizing any necessary upfront investment for improvements. The seller is actively considering all serious offers, making this a highly attractive proposition for those seeking a turnkey retail solution or a strong addition to their investment portfolio. This is a rare opportunity to acquire a well-maintained, updated retail space in a desirable market. The property's size and configuration are ideal for a variety of retail uses, offering significant potential for growth and profitability. Serious inquiries are encouraged.

Property profile
Verified
Property type Commercial real estate
Year built 1954
UPID US10-2228606
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
  • 2nd Chance Bad Credit Loans Loan Service
  • MoVal Farms: Moreno Valley Dispensary (Bike/Boat/Book/etc) Store
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
Farid R Farag · 9 yrs held
Farid R Farag
since 2017
2 recorded transactions
2017
Price N/A
2017
$738,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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