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Property profile & analytics
OFF-MARKET
Estimated value
$540,000
Strip malls
26046 Bay Ave Moreno Valley, CA 92555-2512
Entity Owned
1-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-5197800
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
2019
Construction
WOOD
Total area
19,000 SF
Lot
7.26 ac (316,245 SF)
APN
305-240-027
UPID
US09-5197800
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
$540k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$540k
Owner & transaction history
Nuevo Perris LLC · 1 yrs held
Nuevo Perris LLC
since 2024
Last sale
$540,000
7 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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
$540,000
ML approach
$540,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$540k
Range $486k – $594k · ±10% · vs last sale $540k (Dec 18 2024)
Last sale anchor
$540k
Dec 18 2024
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
$28 / 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
$142,816
Tax year 2024
Assessed value
$11,666,548
Assessed 2024
Previous assessed
$11,666,548
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$2,539,852
Assessed improvement
$9,126,696
Applied tax rate
8.0000
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
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
2019
Construction
WOOD
Heating
NONE
Buildings
2
Stories
1
Total area
19,000 SF
Lot
7.26 ac (316,245 SF)
APN
305-240-027
UPID
US09-5197800
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Building & site characteristics
From public records
Year built
2019
Construction
WOOD
Heating
NONE
Stories
1
Buildings
2
Lot
7.26 ac
Current owner
From public records · entity-resolved
Nuevo Perris LLC
Entity
Mailing address
12094 KILGORE STTPN12, MORENO VALLEY, CA 92557-7803
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2024
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
8 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 18, 2024
—
Nuevo Perris LLC
Eastern Municipal Water District
Quitclaim Deed
related
—
Jul 12, 2024
$540,000
Dinah Carter
Carolyn Ann Holloway
Grant Deed
$300,000 · Saxton Mortgage LLC
May 20, 2024
$19,250,000
Target Corporation
Nuevo Perris LLC
Ground Lease
related
$55,500,000 · Voya Investment Management LLC
May 6, 2024
—
Nuevo Perris LLC
—
Deed
related
$55,500,000 · Voya Investment Management LLC
Mar 1, 2024
—
Ke De 22024 LLC
Nuevo Perris LLC
Lease
—
Jan 31, 2020
—
Nuevo Perris LLC
—
Deed
related
$53,300 · Metlife Home Loans
Dec 1, 2017
—
Coudures Family LP
Coudures Family LP
Quit Claim Deed
—
Dec 1, 2017
$31,400,000
Nuevo Perris LLC
Coudures Family LP
Trustees Deed
$58,119,267 · Dbd Credit Funding LLC
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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