Individually Owned 
For Sale
Contact for pricing
24850 Rivard Rd, Moreno Valley, CA 92551
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Property summary
AI-generated overview
Exceptional opportunity to acquire a 12,015-square-foot warehouse situated on a 2.76-acre lot in Moreno Valley, California. This single-story building is ideally located within an industrial business park, zoned as Industrial Business Park - Specific Plan 208(i), and boasts convenient access to major transportation arteries, including Interstate 215 and State Route 60. The property's prime location places it amongst numerous Fortune 500 companies, including Ross Dress for Less, Walgreens, Karma Automotive, Philips, Lowe's, Home Depot, Whirlpool, HanesBrands, Deckers, and General Mills. The asking price is $5,495,000, translating to $457.34 per square foot. The property's Assessor's Parcel Number (APN) is 316-190-025. This presents a significant investment opportunity in a thriving industrial area with strong established businesses. The substantial lot size offers potential for future expansion or development. This warehouse is ready for immediate occupancy and presents a compelling investment opportunity in a high-demand location.
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
1982
Total area
11,250 SF
Lot
2.28 ac (99,316 SF)
Zoning code
MSC
APN
316-190-025
UPID
US09-2790336
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
-
Auto Repair Shop Auto Parts Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$200k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$185k
Owner & transaction history
since 2021
Last sale
$150,000
7 recorded transactions
Zoning & alternative use
MSC · Moreno Valley, CA
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
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 12 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$185k
Value range
$167k – $204k
±10% around blend
Estimated value / SF
$16 / SF
Confidence
High
12 county-verified comps
Property data
100
Market benchmarks
67
Comparable evidence
100
$167k
blend $185k
$204k
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
11,250 SF
Lot area
2.28 ac
Year built
1982
Stories
1
APN
316-190-025
Zoning
MSC
Assessed value
$1,910,174
Annual tax
$21,843
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$3.31M
Weighted, 12 comps · high confidence
Evidence
12 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
3.4 mi away · 8,880 SF
10.0 mi away · 10,477 SF
10.5 mi away · 12,059 SF
10.5 mi away · 12,059 SF
12.1 mi away · 11,368 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$185k
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 35 sales
$303
-95%
County 1211 sales
$223
-93%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $16/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 12 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$150k
Move the market yield to see immediate price impact.
Value / SF
$13
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$9k
$189k
$135k
$105k
$11k
$210k
$150k
$117k
$12k
$231k
$165k
$128k
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
12 found
High confidence · county-verified
Closest comparable
$2.33M
3.4 mi · Sep 2025 · $259/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$21,843
Tax year 2024
Assessed value
$1,910,174
Assessed 2024
Previous assessed
$1,910,174
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$1,061,208
Assessed improvement
$848,966
Applied tax rate
21.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Sale
Year built
1982
Heating
NONE
Stories
1
Total area
11,250 SF
Lot
2.28 ac (99,316 SF)
Zoning code
MSC
APN
316-190-025
UPID
US09-2790336
Jurisdiction
RIVERSIDE
Zoning & alternative use
MSC · Moreno Valley, CAZoning MSC · permitted uses
MSC · Moreno Valley, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
1982
Heating
NONE
Stories
1
Lot
2.28 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MSC
Jurisdiction
Moreno Valley, CA
Recorded code
MSC
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MSC in Moreno Valley, CA.
What opens after registration
Zoning profile
2 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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