Technical
Financial
Distress signals
Property profile

24318 Hemlock Ave Moreno Valley, CA 92557

OFF-MARKET
Strip malls
Property ID
US09-3133749
16,310 SF 5.21 ac lot Built 1989
Entity Owned 7-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1989
Construction WOOD
Total area 16,310 SF
Lot 5.21 ac (226,947 SF)
Zoning code CP
APN 481-020-021
UPID US09-3133749

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
  • Dental Office
  • Trucking Company
  • Training Center Sports School
  • Restaurant
  • Restaurant

Location

24318 Hemlock Ave Moreno Valley, CA 92557-7222
Moreno Valley metro Census 42404 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$4.07M
Comparable Approach Comparable
$2.26M
Blend (final) Blend
$3.56M

Owner & transaction history

since 2018
2 recorded transactions
2018
$860,000
2018
Price N/A

Zoning & alternative use

CP · Moreno Valley, CA
Top alternative use upside
Retail stores $5.0M +2.2%
Industrial (general) $4.9M +1.0%

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
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