New search
Property profile & analytics
FOR LEASE
Manufacturing properties
480 Harley Knox Blvd Perris, CA 92571
Entity Owned
3-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1823159
For Lease
1 / 4
$11,885,000
480 Harley Knox Blvd, Perris, CA 92571
View Listing →
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2007
Construction
TILT-UP CONCRETE
Total area
41,357 SF
Lot
4.1 ac (178,595 SF)
Zoning code
GI
APN
302-020-032
UPID
US09-1823159
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
-
The TenCo Dispensary (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$10.42M
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$9.39M
Blend (final)
Blend
$11.89M
Owner & transaction history
Fr Ca Property Holding 9 LP · 3 yrs held
Fr Ca Property Holding 9 LP
since 2023
Last sale
$12.8M
5 recorded transactions
Zoning & alternative use
GI · Perris, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage
$17.9M
+120.9%
Medical building
$11.3M
+39.8%
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
$14,005,000
ML approach
$10,420,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$8,085,000
Current use
AUTO REPAIR, GARAGE
$17,855,000
Change: +121% · Conversion: Easy
MEDICAL BUILDING
$11,305,000
Change: +40% · Conversion: Difficult
Blend value · Realmo final
$11.89M
Range $10.70M – $13.07M · ±10% · vs last sale $12.80M (May 3 2023)
Last sale anchor
$12.80M
May 3 2023
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
$287 / 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
$83,352
Tax year 2024
Assessed value
$6,375,000
Assessed 2024
Previous assessed
$6,375,000
+0.0% YoY
Effective rate
1.31%
On assessed value
Assessed land
$6,375,000
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
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
For Lease
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
41,357 SF
Lot
4.1 ac (178,595 SF)
Zoning code
GI
APN
302-020-032
UPID
US09-1823159
Jurisdiction
RIVERSIDE
Zoning & alternative use
GI · Perris, CA
Zoning GI · permitted uses
GI · 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.
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$8.1M
AUTO REPAIR, GARAGE
Est. value
$17.9M
MEDICAL BUILDING
Est. value
$11.3M
INDUSTRIAL (GENERAL) Current
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2007
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
4.1 ac
Current owner
From public records · entity-resolved
Fr Ca Property Holding 9 LP
Entity
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 3, 2023
$12,800,000
Fr Ca Property Holding 9 LP
Perris Harley Knox LLC
Grant Deed
—
Dec 30, 2021
—
Perris Harley Knox LLC
—
Deed
related
$5,500,000 · Preferred Bank
Mar 22, 2018
$4,601,000
Perris Harley Knox LLC
Pacific Paiisades Land LLC
Grant Deed
$2,500,000 · N K Studio City LLC
Feb 10, 2017
$4,601,000
Pacific Palisades Land LLC
Rendan Properties LLC
Grant Deed
—
May 1, 1990
$395,000
Daniel P Martin
Coast Financial
Grant Deed
$69,024 · Individual
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?”
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
