Entity Owned Property summary
AI-generated overview
The property is a free-standing commercial building totaling 548,019 square feet in Perris, California, designed for logistics and distribution use. The building is equipped with an ESFR sprinkler system and provides 4,000 amps of power with underground power (UGPS). Parking includes 189 auto spaces and 107 trailer spaces. It is positioned for convenient access to the 215 and 60 Freeways and is USGBC LEED Gold certified.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
2023
Construction
TILT-UP CONCRETE
Total area
274,010 SF
Lot
11.19 ac (487,436 SF)
Zoning code
RA
APN
303-160-002
UPID
US09-4066127
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$21.87M
Owner & transaction history
since 2025
2 recorded transactions
Zoning & alternative use
RA · Perris, 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.
Sensitivity value band
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Estimated market value
$21.87M
Value range
$19.68M – $24.06M
±10% around blend
Estimated value / SF
$80 / SF
Confidence
Property data
100
Market benchmarks
67
Comparable evidence
60
$19.68M
blend $21.87M
$24.06M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
274,010 SF
Lot area
11.19 ac
Year built
2023
Stories
1
APN
303-160-002
Zoning
RA
Assessed value
$34,518,559
Annual tax
$411,174
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Too few qualifying comparables for a sales-approach estimation.
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$21.87M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 21 sales
$180
-56%
County 354 sales
$295
-73%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $80/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
Market rates by use type
PDF export
Professional Plan · 30 reports
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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$34.52M
Move the market yield to see immediate price impact.
Value / SF
$126
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%
$2.17M
$43.49M
$31.07M
$24.16M
$2.42M
$48.33M
$34.52M
$26.85M
$2.66M
$53.16M
$37.97M
$29.53M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$411,174
Tax year 2024
Assessed value
$34,518,559
Assessed 2024
Previous assessed
$34,518,559
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,292,559
Assessed improvement
$30,226,000
Applied tax rate
8.0000
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
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
274,010 SF
Lot
11.19 ac (487,436 SF)
Zoning code
RA
APN
303-160-002
UPID
US09-4066127
Jurisdiction
RIVERSIDE
Zoning & alternative use
RA · Perris, CAZoning RA · permitted uses
RA · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
11.19 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
RA
Jurisdiction
Perris, CA
Recorded code
RA
Ownership Intelligence
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Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
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Owner of record and activity signals are derived from public records and modeled classifications.
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