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Property profile & analytics
OFF-MARKET
Estimated value
$2,305,000
Drive through restaurants
24800 Sunnymead Blvd Moreno Valley, CA 92553-3759
Individually Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2907885
Property profile
Verified
Property type
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Year built
1989
Construction
WOOD
Total area
2,485 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C1
APN
481-082-006
UPID
US09-2907885
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
-
Burger King Restaurant
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.90M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$2.77M
Blend (final)
Blend
$2.31M
Owner & transaction history
C L Education Foundation · 3 yrs held
C L Education Foundation
since 2022
Last sale
$2.5M
7 recorded transactions
Zoning & alternative use
C1 · Moreno Valley, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general)
$2.5M
+64.9%
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
$1,930,000
ML approach
$1,895,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
RESTAURANT
$1,545,000
Current use
COMMERCIAL (GENERAL)
$2,545,000
Change: +65% · Conversion: Easy
Blend value · Realmo final
$2.31M
Range $2.07M – $2.54M · ±10% · vs last sale $2.47M (Nov 16 2022)
Last sale anchor
$2.47M
Nov 16 2022
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
$928 / 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
$28,875
Tax year 2024
Assessed value
$2,517,360
Assessed 2024
Previous assessed
$2,517,360
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$754,800
Assessed improvement
$1,762,560
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
Drive through restaurants
Use group
DRIVE-THRU RESTAURANT, FAST FOOD
Status
Off-Market
Year built
1989
Construction
WOOD
Heating
NONE
Stories
1
Total area
2,485 SF
Lot
0.87 ac (37,897 SF)
Zoning code
C1
APN
481-082-006
UPID
US09-2907885
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
RESTAURANT Current
Est. value
$1.5M
COMMERCIAL (GENERAL)
Est. value
$2.5M
RESTAURANT Current
COMMERCIAL (GENERAL)
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
0.87 ac
Current owner
From public records · entity-resolved
C L Education Foundation
Individual
Mailing address
4470 W SUNSET BLVD STE 107STE107, LOS ANGELES, CA 90027-6302
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2022
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
17 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 16, 2022
$2,468,000
C L Education Foundation
Paul Luo
Grant Deed
$800,000 · Cathay Bank
Dec 16, 2019
$2,000,000
Pm,paul & Luo L L Family Trust
Moreno Restaurant Services LLC
Grant Deed
related
—
Oct 25, 2019
$204,545
Luo,p Pm & L Lh Family Trust
Moreno Restaurant Services LLC
Grant Deed
—
Oct 25, 2019
$1,469,455
Moreno Restaurant Services LLC
24800 Sunnymead LLC
Grant Deed
—
Aug 25, 2014
—
24800 Sunnymead LLC
Independence Bk
Grant Deed
—
May 30, 2014
—
Independence Bk
Ldz Trust
Quit Claim Deed
related
—
Apr 12, 2013
—
Independence Bk
Zander,linda D
Deed In Lieu Of Foreclosure
related
—
Mar 30, 2007
—
Ldz Trust
Zander,linda D
Quit Claim Deed
related
—
Jan 16, 2007
—
Linda D Zander
Zander,dean
Quit Claim Deed
related
—
Dec 29, 2006
—
Dean Zander
Dz Trust
Quit Claim Deed
related
—
Dec 27, 2006
—
Dean Zander
Dlz Trust
Quit Claim Deed
related
—
Jan 11, 2006
—
Dz Trust
Zander,dean
Quit Claim Deed
related
—
Aug 27, 2003
—
Dean Zander
Shaco INC
Grant Deed
$910,000 · First Continental Bank
Oct 1, 1989
$1,200,000
Shaco INC
Unknown
Grant Deed
—
Jan 1, 1989
$534,500
Ttym Assoc Moren
L G F Enterprise
Grant Deed
$770,000 · Pioneer Bank
Jan 1, 1989
—
L G F Enterprise
Guth Robert W
Trustees Deed
related
—
—
—
24800 Sunnymead LLC
—
Deed Of Trust
related
$500,000 · Bank Of Hemet
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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