Technical
Financial
Distress signals
Property profile

24941 Elder Ave Moreno Valley, CA 92557

OFF-MARKET
Turn key restaurants
Property ID
US09-2490019
1,906 SF 0.56 ac lot Built 1985
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1985
Construction WOOD
Total area 1,906 SF
Lot 0.56 ac (24,393 SF)
Zoning code CC
APN 481-081-011
UPID US09-2490019

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
  • Restaurant Take-out & Catering
  • Loan Service Bank

Location

24941 Elder Ave Moreno Valley, CA 92557-7300
Moreno Valley metro Census 42404 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.68M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.96M
Blend (final) Blend
$2.27M

Owner & transaction history

since 2020
Last sale
$1.9M
4 recorded transactions
2020
Price N/A
2018
Price N/A
2017
$1.9M
2015
$1.4M

Zoning & alternative use

CC · Moreno Valley, CA
Zoning description

Community Commercial District (CC). The primary purpose of the community commercial (CC) district is to provide for the general shopping needs of area residents and workers with a variety of business, retail, personal an…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $2.0M +64.9%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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