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Property profile & analytics
FOR LEASE
Warehouses
3600 Redlands Ave 4 Perris, CA 92571
Entity Owned
1-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4066127
For Lease
1 / 2
$21,870,000
3600 Redlands Ave,Unit 4, Perris, CA 92571
View Listing →
Property profile
Verified
Property type
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
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
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
Idil Rider 4 LP · 1 yrs held
Idil Rider 4 LP
since 2025
2 recorded transactions
Zoning & alternative use
RA · Perris, CA
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 Perris submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Perris 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
CAP Approach
Comparable Approach
Alternative Use
Get a detailed, property-specific estimation — fast and free
Price per SF
Sale + rent benchmarks
Subject property
$80 / 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
$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
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
Warehouses
Use group
WAREHOUSE, STORAGE
Status
For Lease
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, CA
Zoning RA · permitted uses
RA · Perris, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Perris. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
11.19 ac
Current owner
From public records · entity-resolved
Idil Rider 4 LP
Entity
Free & Clear · 1 yrs held
Mailing address
1197 PEACHTREE ST NE STE #600, ATLANTA, GA 30361-3577
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2025
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Jun 26, 2025
—
Idil Rider 4 LP
Idig Rider Distribution Center LP
Grant Deed
—
Jul 11, 2018
$9,050,000
Idig Rider Distribution Ctr Ll
A & L Briano Investment Co LP
Grant Deed
—
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.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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