Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Moreno Valley, CA 92551
    Back to Search
    Property profile & analytics

    , Moreno Valley, CA 92551

    View on Map
    • Industrial land
    • 1.53 lot acres
    Off-Market
    Last Sale Mar 25, 2022
    $975,000
    Property ID
    US09-4034989
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    $955,000
    Show details
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Industrial land

    Property Details

    Lot size
    1.53 lot acres
    Property type
    Industrial land
    APN
    312-270-001
    APU
    312270001

    Sales History

    Date Price Buyer Seller Deed Type Mortgage
    Dec 11, 2024 — Chase Globe LP — Deed · related $7.5M · Moreno Venture LLC
    Mar 25, 2022 $975,000 Chase Globe LP Christine P Peterson Grant Deed $500k · Jeffrey B Pearson Living Trust
    Aug 27, 2020 — Peterson,b & C Family Trust Christine P Peterson Quit Claim Deed · related —
    May 21, 2009 — Christine P Peterson Park,james S & Angela C Grant Deed · related —
    Aug 17, 2000 — James S Etux Park Park,christine K Quit Claim Deed · related —

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $765,000
      ML approach
      $910,000

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Moreno Valley
    County
    Riverside
    State
    California
    Longitude
    -117.225
    Latitude
    33.8623
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $11,743
    $1,014,390
    $0.00
    $1,014,390
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      6.95 Acres

      Moreno Valley, CA 92551

      INDUSTRIAL - VACANT LAND
      Moreno Valley, CA 92551
      View Details
    • Value Estimation by Request
      2.29 Acres

      Moreno Valley, CA 92551

      QUARRIES (SAND, GRAVEL, ROCK)
      Moreno Valley, CA 92551
      View Details
    • Value Estimation by Request

      NE of San Celeste St and San Michele Rd

      Tow Yard & Industrial Outdoor Storage Yard
      NE of San Celeste St and San Michele Rd, Moreno Valley, CA 92551, Moreno Valley, CA 92551
      View Details
    • Value Estimation by Request
      4.89 Acres

      24811 Rivard Rd

      Land
      24811 Rivard Rd, Moreno Valley, CA 92551
      View Details
    • Value Estimation by Request
      0.42 Acres

      Moreno Valley, CA 92551

      VACANT COMMERCIAL LAND
      Moreno Valley, CA 92551
      View Details
    • Value Estimation by Request
      18.80 Acres

      Moreno Valley, CA 92551

      VACANT COMMERCIAL LAND
      Moreno Valley, CA 92551
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      213,008 SF

      Truck Yard with Approved CUP

      4.89 acre truck yard with existing office space.
      24811 Rivard Rd, Moreno Valley, CA 92551
      View Details
    • Contact for pricing
      38,820 SF

      Freestanding Industrial Building Available

      Ready for occupancy with office, mezzanine, and secured yard.
      24915 Rivard Rd, Moreno Valley, CA 92551
      View Details
    • Contact for pricing
      10,037 SF

      Retail Strip Center For Sale

      Almost fully leased retail strip center in Moreno Valley, CA.
      25025 Red Maple Ln, Moreno Valley, CA 92551
      View Details
    • Contact for pricing
      32,510 SF

      Industrial Building with Secured Yard

      32,510 SF industrial building featuring secured concrete yard.
      SE Of Perris Blvd And Globe St, Moreno Valley, CA 92551
      View Details

    Similar Nearby for Lease

    • Contact for pricing
      437,675 SF

      Industrial Building with Trailer Parking

      Industrial building featuring ample trailer parking and freeway access.
      17783 N Indian St, Moreno Valley, CA 92551
      View Details
    • Contact for pricing
      187,985 SF

      Industrial Warehouse with Secured Truck Yard

      Move-in ready warehouse with a large, secured truck yard.
      24901 San Michele Rd, Moreno Valley, CA 92551
      View Details
    • Contact for pricing
      4,600 SF

      Rivard Road Industrial Park

      43,400 SF industrial building with secured yard for sale.
      24830-24832 Rivard Rd, Moreno Valley, CA 92551
      View Details
    • $1.20 SF/Yr

      New Office Space Available

      Brand new office space near March Air Force Base.
      24830 Rivard Rd, Moreno Valley, CA 92551
      View Details
    • Contact for pricing

      Retail Space Available For Lease

      Retail space available for lease in Moreno Valley, CA.
      15025 Perris Blvd, Moreno Valley, CA 92551
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Moreno Valley, CA 92551
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    Moreno Valley, CA, 92551
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!