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Property profile & analytics
OFF-MARKET Estimated value $4,375,000
Warehouses

24830 Rivard Rd Moreno Valley, CA 92551-9513

21,700 SF Built 2023
Entity Owned Absentee Owner ~ Est. High Equity
Property ID
US09-3546201
Property summary
AI-generated overview

This exceptional 21,700-square-foot warehouse, located at 24830 Rivard Road in Moreno Valley, California, presents a significant opportunity for businesses seeking efficient and spacious industrial space. Situated on a 1.16-acre lot within the Rivard Road Industrial Park, this single-tenant property offers immediate occupancy. The warehouse boasts a substantial 28-foot ceiling height, providing ample vertical storage capacity. Loading and unloading are facilitated by one loading dock and two dock-high doors, ensuring smooth and efficient operations. The property is equipped with robust power, featuring 800 amps of 277/480-volt, 3-phase electricity, suitable for a variety of industrial applications. The property's location in Riverside County, with easy access to major transportation arteries, makes it strategically advantageous for distribution and logistics companies. The entire 21,700 square feet is currently vacant and ready for immediate lease. This warehouse is perfect for a business seeking a functional and well-equipped space in a prime Moreno Valley location (zip code 92551). The property's size and features make it an excellent choice for a variety of industrial uses.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2023
Construction TILT-UP CONCRETE
Total area 21,700 SF
APN 316-190-055
UPID US09-3546201
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
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$3.76M
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.38M
Owner & transaction history
Perris Properties LLC
Perris Properties LLC
since 2025
Last sale
$5.4M
1 recorded transaction
2025
$5.4M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores $6.6M +3.7%
Industrial (general) $6.6M +2.5%
Neighborhood: shopping center $6.5M +1.5%
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