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    Property profile & analytics

    24990 Alessandro Blvd Moreno Valley, CA 92553-3915

    • Strip malls
    • 8,450 SF
    • 1.91 lot acres
    OFF-MARKET
    Value Estimation
    $7,100,000
    Last Sale
    Jun 30, 2022
    $8,000,000
    Location Intelligence
    Property ID
    US09-2660275
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Shanghai Express / Chinese Restaurant
    • Subway / Takeout Restaurant / Restaurant
    • Piara Pizza / Pizza Takeout / Pizza Restaurant
    • Alvarez Furniture / Furniture Store
    • Advance America / Loan Agency / Financial Institution

    Property Details for 24990 Alessandro Blvd

    Year built
    1987
    Construction
    WOOD
    Lot size
    1.91 lot acres
    Property size
    8,450 SF
    Zone code
    NC
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    482-201-025
    APU
    482201025

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $6,260,000

    • CAP approach

      CAP return
      Estimation
      6%
      $8,280,000
      6.5%
      $8,635,000
      7%
      $7,325,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $7,070,000
      Geo Method
      $8,410,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $6,815,000
      Retail
      $6,440,000
      Mixed-Use
      $6,840,000
      Hospitality
      $8,210,000
      Educational
      $8,220,000
      Residential Income
      $8,205,000
      Energy
      $7,305,000
      Income-Based Land
      $8,565,000
      Food Service
      $8,975,000

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.227
    Latitude
    33.918
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $93,424
    $2,080,800
    $6,242,400
    $8,323,200
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      9,380 SF

      12625 Frederick St, Unit K

      SHOPPING CENTER, STRIP CENTER • 9,380 SF
      12625 Frederick St, Moreno Valley, CA 92553-5216
      View Details
    • Value Estimation by Request
      94,420 SF

      24891 Alessandro Blvd

      SHOPPING CENTER, STRIP CENTER • 94,420 SF
      24891 Alessandro Blvd, Moreno Valley, CA 92553-5810
      View Details
    • Value Estimation by Request
      27,545 SF

      24021 Alessandro Blvd

      SHOPPING CENTER, STRIP CENTER • 27,545 SF
      24021 Alessandro Blvd, Moreno Valley, CA 92553-6707
      View Details
    • Value Estimation by Request
      11,000 SF

      24831 Alessandro Blvd

      SHOPPING CENTER, STRIP CENTER • 11,000 SF
      24831 Alessandro Blvd, Moreno Valley, CA 92553-5864
      View Details
    • Value Estimation by Request
      2.29 Acres

      23750 Alessandro Blvd

      SHOPPING CENTER, STRIP CENTER • 2.29 Acres
      23750 Alessandro Blvd, Moreno Valley, CA 92553-8811
      View Details
    • Value Estimation by Request
      21,000 SF

      25073 Sunnymead Blvd

      SHOPPING CENTER, STRIP CENTER • 21,000 SF
      25073 Sunnymead Blvd, Moreno Valley, CA 92553-4171
      View Details

    Similar Nearby for Sale

    • $5,210,000
      28,695 SF

      Retail Center in Moreno Valley

      28,695 SF retail center on 2.53 acres for sale.
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    • $5,210,000
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      Neighborhood Retail Center Investment Opportunity

      28,695 SF retail center, 100% occupied in Moreno Valley.
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      Established Restaurant Business Opportunity

      Successful pupusas restaurant with juice stand in high-traffic area.
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    • $1,890,000

      Retail Investment Near Moreno Valley Mall

      Freestanding retail building with income and upside potential.
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      Moreno Valley Retail Property For Sale

      Prime retail property in Moreno Valley with high traffic exposure.
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    • Contact for pricing
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    Similar Nearby for Lease

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      Regional shopping destination with high traffic and flexible space options.
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    • Contact for pricing
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    • $24 SF/Yr
      2,378 SF

      Moreno Valley Fitness Center Space

      2,378 SF Retail Space Available
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    • Contact for pricing
      935 SF

      Retail Space For Lease

      Retail space suitable for beauty/nail salon or medical use.
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    • $12,000 /Mo
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      Moreno Valley Retail Opportunity

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      View Details
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    Moreno Valley, CA 92553-3915
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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