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Property profile & analytics
OFF-MARKET
Estimated value
$770,000
Strip malls
24490 Sunnymead Blvd Moreno Valley, CA 92553-7734
Individually Owned
2-yr Hold
~
Est. High Equity
Property ID
US09-1117064
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1989
Construction
WOOD
Total area
3,440 SF
Lot
1.4 ac (60,983 SF)
Zoning code
C1
APN
481-101-041
UPID
US09-1117064
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
-
Valley Medical Group Medical Clinic
-
Dr. Nizar I. Ibrahim, MD Pediatrician Physician
-
Valley Medical Group: Yee Cary Ka Hum MD Medical Group
-
Kaur Aesthetics Spa & Massage Center Alternative Medicine Practice
-
Doctor's Choice Weight Loss Clinic Weight Loss Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$860k
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$770k
Owner & transaction history
First Amer Non Emergency Medical Sv · 2 yrs held
First Amer Non Emergency Medical Sv
since 2024
6 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$930,000
6.5%
$860,000
7%
$795,000
Alternative Use
Use
Estimation
NEIGHBORHOOD: SHOPPING CENTER
$1,030,000
Current use
WAREHOUSE, STORAGE
$1,015,000
Change: -1% · Conversion: Difficult
RETAIL STORES
$980,000
Change: -5% · Conversion: Easy
MEDICAL BUILDING
$940,000
Change: -9% · Conversion: Difficult
OFFICE BUILDING
$935,000
Change: -9% · Conversion: Moderate
Blend value · Realmo final
$770k
Range $693k – $847k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$224 / SF
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
$16,632
Tax year 2024
Assessed value
$1,377,000
Assessed 2024
Previous assessed
$1,377,000
+0.0% YoY
Effective rate
1.21%
On assessed value
Assessed land
$938,400
Assessed improvement
$438,600
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Total area
3,440 SF
Lot
1.4 ac (60,983 SF)
Zoning code
C1
APN
481-101-041
UPID
US09-1117064
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.
Alternative use value scenarios
Repositioning upside vs current use
NEIGHBORHOOD: SHOPPING CENTER Current
Est. value
$1.0M
WAREHOUSE, STORAGE
Est. value
$1.0M
RETAIL STORES
Est. value
$980,000
MEDICAL BUILDING
Est. value
$940,000
OFFICE BUILDING
Est. value
$935,000
NEIGHBORHOOD: SHOPPING CENTER Current
WAREHOUSE, STORAGE
RETAIL STORES
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Lot
1.4 ac
Current owner
From public records · entity-resolved
First Amer Non Emergency Medical Sv
Individual
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jan 30, 2024
—
First Amer Non Emergency Medical Sv
Hargunwant Randhawa
Lease
$546,000 · Ampac Tri State Cdc INC
Aug 16, 2022
$1,350,000
Hargunwant Randhawa
Masaji LLC
Grant Deed
$721,500 · Bank Five Nine
Aug 16, 2022
—
Randhawa Kanwal
Anoopjot Randhawa
Intrafamily Transfer
related
$527,200 · Bank Five Nine
Jun 30, 2021
$514,000
Masaji LLC
Patel King Properties LLC
Grant Deed
—
May 1, 1991
$28,500
Empire Vistas L
Empire Vistas Co
Trustees Deed
related
—
May 1, 1991
$7,500
Empire Vistas Co
King,kenneth O
Trustees Deed
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.
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