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Property profile & analytics
OFF-MARKET
Estimated value
$26,725,000
Distribution centers
375 Markham St Perris, CA 92571-9720
Individually Owned
Absentee Owner
Free & Clear
Property ID
US09-4225746
Property profile
Verified
Property type
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Year built
2018
Construction
TILT-UP CONCRETE
Total area
456,652 SF
Lot
11.23 ac (489,178 SF)
Zoning code
W25
APN
302-120-009
UPID
US09-4225746
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
Current use
Occupant on record · Public records
-
GEODIS Warehouse & Storage
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$32.71M
Blend (final)
Blend
$26.73M
Owner & transaction history
American Exchange Ca Warehousing Ll
American Exchange Ca Warehousing Ll
since 2025
6 recorded transactions
Zoning & alternative use
W25 · 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
Method
Estimation
Statistic approach
by Request
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$26.73M
Range $24.05M – $29.40M · ±10%
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
$59 / 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
$331,698
Tax year 2024
Assessed value
$27,849,795
Assessed 2024
Previous assessed
$27,849,795
+0.0% YoY
Effective rate
1.19%
On assessed value
Assessed land
$4,274,404
Assessed improvement
$23,575,391
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
Distribution centers
Use group
DISTRIBUTION WAREHOUSE
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
1
Units
2
Total area
456,652 SF
Lot
11.23 ac (489,178 SF)
Zoning code
W25
APN
302-120-009
UPID
US09-4225746
Jurisdiction
RIVERSIDE
Zoning & alternative use
W25 · Perris, CAZoning W25 · permitted uses
W25 · Perris, CA
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
2018
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Buildings
2
Units
2
Lot
11.23 ac
Current owner
From public records · entity-resolved
American Exchange Ca Warehousing Ll
Individual
Free & Clear · 0 yrs held
Mailing address
1100 PEACHTREE ST NE #1000, ATLANTA, GA 30309-4501
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
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 10, 2025
—
American Exchange Ca Warehousing Ll
Markham Musiness Center East LP
Deed
—
Feb 6, 2018
—
Markham Business Center East
—
Deed Of Trust
related
$22,440,000 · Wells Fargo Bk
Dec 5, 2014
—
Markham Business Center East L
Industrial Devs International
Quit Claim Deed
—
May 22, 2008
—
Industrial Dev Intl INC
Omp Markham LLC
Grant Deed
related
—
Sep 13, 2005
$978,500
Omp Dev Markum LLC
Dinius,douglas & Josephine
Grant Deed
—
Mar 30, 1994
$11,500
Douglas Dinius
Hamilton,herman
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.
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