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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3553 Perris Blvd Perris, CA 92571-3111

    • Manufacturing properties
    • 10,240 SF
    • 1.41 lot acres
    OFF-MARKET
    Value Estimations
    $1,540,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-3035936
    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

    • Comfort Zone Heating & Air / Air Conditioning Contractor
    • Go Kart Exports / Motorsports Store
    • Amped Batteries / Auto Parts Store / Battery Store
    • Perris Police Store Front / Police Department
    • Dentist Hispano Perris / Emergency Dental Service

    Property Details for 3553 Perris Blvd

    Year built
    1989
    Construction
    TILT-UP CONCRETE
    Lot size
    1.41 lot acres
    Property size
    10,240 SF
    Zone code
    R1
    Property type
    Manufacturing properties
    APN
    303-120-017
    APU
    303120017

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,400,000
      6.5%
      $1,295,000
      7%
      $1,200,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $1,608,000
      Market price range: $330k - $2.22M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,000,000
      Current use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Perris
    County
    Riverside
    State
    California
    Longitude
    -117.225
    Latitude
    33.8364
    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
    $21,146
    $504,258
    $1,350,177
    $1,854,435
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
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      8,000 SF

      1530 Nandina Ave

      MANUFACTURING (LIGHT) • 8,000 SF
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    • Value Estimation
      $6,755,000
      62,000 SF

      3100 Perris Blvd

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      45,157 SF

      150 Placentia Ave

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    • Value Estimation
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      91,960 SF

      3411 Perris Blvd

      MANUFACTURING (LIGHT) • 91,960 SF
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      View Details
    • Value Estimation
      $1,290,000
      8,000 SF

      1323 Jet Way

      MANUFACTURING (LIGHT) • 8,000 SF
      1323 Jet Way, Perris, CA 92571-7466
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      4.60 Acres

      Prime Perris Industrial Land

      ±9.88 Acres, I-215 Proximity
      0 Harley Knox Blvd & Heacock St, Moreno Valley, CA 92571
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      259,951 SF

      Patterson Commerce Center: Premier CA Industrial

      Perris, CA industrial property: 259,951 SF
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      View Details
    • $1,175,000
      0.98 Acres

      Perris Industrial Land - $1.175M

      0.98-acre industrial land, build-to-suit option
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    • Contact for pricing
      165 SF

      Industrial Distribution Facility For Sale

      Industrial distribution facility featuring office space, multiple doors, and ample power.
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      259 SF

      Industrial Property For Sale

      Industrial property available for purchase, estimated completion 06.24.
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      259,951 SF

      Perris Freestanding Industrial Building

      Freestanding industrial building featuring office space, dock high, and ground level doors.
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    Similar Nearby for Lease

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      90,094 SF

      Perris Class A Facility

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      277,578 SF

      Prime Romoland Industrial Build-to-Suit

      13.35 Acres, 277,578 SF, Fully Entitled
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      90,094 SF

      Perris Class A Facility

      Class A industrial facility suitable for distribution and manufacturing.
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      View Details
    • Contact for pricing
      80,527 SF

      Perris Warehouse: 80,527 SF Available

      Large industrial warehouse, ideal for single tenant. High power capacity.
      212 Markham St, Perris, CA 92571
      View Details
    • $1.35 SF/Yr
      9,480 SF

      Perris Business Park Industrial Space

      Industrial space available for lease in Perris Business Park.
      66 Commerce Dr | Perris, Perris, CA 92571
      View Details
    • Contact for pricing
      110,529 SF

      Perris Distribution Center Available

      Distribution center with immediate freeway access and truck court.
      675 W Nance St, Perris, CA 92571
      View Details
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    Perris, CA 92571-3111
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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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