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Property profile & analytics
OFF-MARKET
Estimated value
$23,060,000
Warehouses
731 Ramona Dr Perris, CA 92570
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-4029620
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2023
Construction
TILT-UP CONCRETE
Total area
165,307 SF
Lot
8.05 ac (350,658 SF)
Zoning code
MSC
APN
303-020-059
UPID
US09-4029620
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
$25.36M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$23.06M
Owner & transaction history
Ramona Associates LLC
Ramona Associates LLC
since 2025
Last sale
$32.2M
6 recorded transactions
Zoning & alternative use
MSC · 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
$15,025,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$27,475,000
6.5%
$25,360,000
7%
$23,550,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$29,780,000
Current use
Blend value · Realmo final
$23.06M
Range $20.75M – $25.37M · ±10% · vs last sale $32.24M (Dec 19 2025)
Last sale anchor
$32.24M
Dec 19 2025
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
$139 / 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
$404,060
Tax year 2024
Assessed value
$32,970,026
Assessed 2024
Previous assessed
$32,970,026
+0.0% YoY
Effective rate
1.23%
On assessed value
Assessed land
$14,929,026
Assessed improvement
$18,041,000
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
Off-Market
Year built
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
165,307 SF
Lot
8.05 ac (350,658 SF)
Zoning code
MSC
APN
303-020-059
UPID
US09-4029620
Jurisdiction
RIVERSIDE
Zoning & alternative use
MSC · Perris, CA
Zoning MSC · permitted uses
MSC · 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
WAREHOUSE, STORAGE Current
Est. value
$29.8M
WAREHOUSE, STORAGE Current
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
2023
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
8.05 ac
Current owner
From public records · entity-resolved
Ramona Associates LLC
Entity
Mailing address
3333 RIVERWOOD PKWY SE STE #200, ATLANTA, GA 30339-6411
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
Dec 19, 2025
$32,235,000
Ramona Associates LLC
Fs Perris LLC
Grant Deed
$20,000,000 · Us Bank NA
Mar 14, 2023
—
Fs Perris LLC
—
Deed
related
$27,300,000 · South State Bank NA
Jan 14, 2022
$14,398,500
Fs Perris LLC
Alfredo Savin
Grant Deed
—
Nov 1, 2016
—
Gloria De La Cruz
Peralta Flora Family Trust
Quit Claim Deed
related
—
Jul 12, 2011
—
Peralta Flora Family Trust
Peralta,guillermo S
Quit Claim Deed
related
—
Jul 18, 2001
$525,000
Express Depot
Cornerstone Investment Co
Grant Deed
$375,000 · Cornerstone Investment Co
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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