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Property profile & analytics
OFF-MARKET
Estimated value
$1,505,000
Retail space
24515 Alessandro Blvd Moreno Valley, CA 92553-3917
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1204040
Property profile
Verified
Property type
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Year built
1983
Construction
TILT-UP CONCRETE
Total area
7,000 SF
Lot
0.63 ac (27,442 SF)
Zoning code
C1
APN
482-520-002
UPID
US09-1204040
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
-
Coastline Equity Property Management - Temecula @ Alessandro Commercial Property Management Company
-
Belenton Kite (Bike/Boat/Book/etc) Store
-
Shelia's House of Beauty Hair Salon Nail Salon
-
Moreno Valley Car Title Loans Co. Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.65M
CAP Approach
CAP
$1.54M
Comparable Approach
Comparable
$2.10M
Blend (final)
Blend
$1.51M
Owner & transaction history
Rancho Bernardo Day Program INC · 1 yrs held
Rancho Bernardo Day Program INC
since 2025
Last sale
$1.3M
7 recorded transactions
Zoning & alternative use
C1 · Moreno Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Neighborhood: shopping center
$2.1M
+5.3%
Warehouse, storage
$2.1M
+3.8%
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
$1,695,000
ML approach
$1,650,000
CAP Approach
CAP Return
Estimation
6%
$1,665,000
6.5%
$1,540,000
7%
$1,430,000
Alternative Use
Use
Estimation
RETAIL STORES
$1,995,000
Current use
NEIGHBORHOOD: SHOPPING CENTER
$2,100,000
Change: +5% · Conversion: Moderate
WAREHOUSE, STORAGE
$2,070,000
Change: +4% · Conversion: Difficult
MEDICAL BUILDING
$1,915,000
Change: -4% · Conversion: Difficult
Blend value · Realmo final
$1.51M
Range $1.35M – $1.66M · ±10% · vs last sale $1.33M (Feb 19 2025)
Last sale anchor
$1.33M
Feb 19 2025
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
$215 / 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
$20,333
Tax year 2024
Assessed value
$1,800,000
Assessed 2024
Previous assessed
$1,800,000
+0.0% YoY
Effective rate
1.13%
On assessed value
Assessed land
$550,000
Assessed improvement
$1,250,000
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
Retail space
Use group
RETAIL STORES (PERSONAL SERVICES)
Status
Off-Market
Year built
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
7,000 SF
Lot
0.63 ac (27,442 SF)
Zoning code
C1
APN
482-520-002
UPID
US09-1204040
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
RETAIL STORES Current
Est. value
$2.0M
NEIGHBORHOOD: SHOPPING CENTER
Est. value
$2.1M
WAREHOUSE, STORAGE
Est. value
$2.1M
MEDICAL BUILDING
Est. value
$1.9M
RETAIL STORES Current
NEIGHBORHOOD: SHOPPING CENTER
WAREHOUSE, STORAGE
MEDICAL 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
1983
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
0.63 ac
Current owner
From public records · entity-resolved
Rancho Bernardo Day Program INC
Entity
Mailing address
9777 WILSHIRE BLVD STE #500, BEVERLY HILLS, CA 90212-1900
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
15 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 11, 2025
—
Rancho Bernardo Day Progrm INC
—
Deed
related
$1,126,200 · Harvest Small Business Finance LLC
Feb 19, 2025
$1,325,000
Rancho Bernardo Day Program INC
24515 Alessandro Associates LP
Grant Deed
$1,192,500 · 24515 Alessandro Associates LP
Oct 1, 2024
$1,000,000
24515 Alessandro Associates LP
Lahn Valley LLC
Grant Deed
—
Dec 4, 2020
—
24515 Alessandro Trust
Loelkes Family Trust
Grant Deed
—
Oct 21, 2020
—
Loelkes Family Trust
24515 Alessandro Blvd LLC
Grant Deed
—
Mar 31, 2015
—
24515 Alessandro Blvd LLC
Loelkes Family Trust
Grant Deed
—
Jun 29, 2006
$1,589,000
Loelkes Family Trust
Park,stanley & Nancy S
Grant Deed
—
Nov 18, 2003
$1,218,182
Stanley Park
Chang,ilsang & Jung Y
Grant Deed
$500,000 · Wilshire State Bank
Dec 18, 2002
$615,000
Il S Chang
Hodson,doanld R & Suzanne R
Grant Deed
$399,750 · Pacific Union Bank
Feb 6, 2002
—
Donald R Etal Hodson
Hodson,donald R Etal
Quit Claim Deed
related
—
Oct 13, 2000
$450,000
Donald R Hodson
Wmrp Delaware Holdings LLC
Grant Deed
$371,900 · Temecula Valley National Bank
Jun 22, 1999
—
Wmrp Delaware Holdings LLC
Washington Mutual Fsb
Grant Deed
related
—
Jun 16, 1995
$650,000
Home Savings Of America
Household Bank
Grant Deed
related
—
—
—
Il S Chang
—
Deed Of Trust
related
$20,000 · L A Capital Bank INC
—
—
Sang Chang
—
Deed Of Trust
related
$40,000 · L A Capital Bank INC
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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