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Property profile & analytics
OFF-MARKET
Office buildings
24231 Sunnymead Blvd Moreno Valley, CA 92553-3029
Individually Owned
18-yr Hold
~
Est. High Equity
Property ID
US09-3477818
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1948
Construction
WOOD
Total area
2,276 SF
Lot
0.55 ac (23,958 SF)
Zoning code
C1
APN
481-120-012
UPID
US09-3477818
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
-
steven ray all pro medical group inc Medical Clinic
-
Moreno Valley Chiropractor Alternative Medicine Practice
-
All-Pro Medical Group, Inc. Medical Clinic
-
Medical Chiropractic Moreno Valley Ca Alternative Medicine Practice
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
Steven R Kay · 18 yrs held
Steven R Kay
since 2008
7 recorded transactions
Zoning & alternative use
C1 · 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
$6,086
Tax year 2024
Assessed value
$503,492
Assessed 2024
Previous assessed
$503,492
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$394,044
Assessed improvement
$109,448
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
Off-Market
Year built
1948
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,276 SF
Lot
0.55 ac (23,958 SF)
Zoning code
C1
APN
481-120-012
UPID
US09-3477818
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Moreno Valley, CA
Zoning C1 · permitted uses
C1 · 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
1948
Construction
WOOD
Heating
NONE
Stories
1
Lot
0.55 ac
Current owner
From public records · entity-resolved
Steven R Kay
Individual
Mailing address
24231 SUNNYMEAD BLVD, MORENO VALLEY, CA 92553-3029
Mailing matches property
Yes
Owner-occupied
Yes
Ownership since
2008
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
7 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 30, 2008
—
Steven R Kay
Kay,patricia
Quit Claim Deed
related
—
Jun 30, 2008
$391,000
Steven R Kay
Capo Portofino INC
Grant Deed
$330,000 · Capo Portofino INC
Nov 9, 2007
$442,341
Capo Portofino INC
Amdal Field Services INC
Trustees Deed
related
—
Jul 22, 2005
$500,000
21st Century Investments LLC
Capo Portofino INC
Grant Deed
$420,000 · Capo Portofino INC
Sep 30, 2003
$375,000
Capo Portofino INC
Pivovaroff Fourth Flp
Grant Deed
$335,000 · Pivovaroff Fourth Flp
Jan 1, 1990
$325,000
Pivovaroff Harry
Lewis James E
Trustees Deed
$250,000 · Lewis James E
—
—
Harry Pivovaroff
—
Deed Of Trust
related
—
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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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