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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
    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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