New search
Property profile & analytics
OFF-MARKET
Estimated value
$5,090,000
Warehouses
Perris, CA 92571
Entity Owned
6-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-4660685
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
2022
Construction
TILT-UP CONCRETE
Total area
44,423 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RA02
APN
302-060-011
UPID
US09-4660685
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
$6.82M
Comparable Approach
Comparable
by Request
Blend (final)
Blend
$5.09M
Owner & transaction history
Duke Realty LP · 6 yrs held
Duke Realty LP
since 2019
7 recorded transactions
Zoning & alternative use
RA02 · 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%
$7,385,000
6.5%
$6,815,000
7%
$6,330,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$8,005,000
Current use
Blend value · Realmo final
$5.09M
Range $4.58M – $5.60M · ±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
$115 / 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
$113,867
Tax year 2024
Assessed value
$9,722,020
Assessed 2024
Previous assessed
$9,722,020
+0.0% YoY
Effective rate
1.17%
On assessed value
Assessed land
$730,312
Assessed improvement
$8,991,708
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
2022
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
44,423 SF
Lot
1.62 ac (70,567 SF)
Zoning code
RA02
APN
302-060-011
UPID
US09-4660685
Jurisdiction
RIVERSIDE
Zoning & alternative use
RA02 · Perris, CA
Zoning RA02 · permitted uses
RA02 · 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
$8.0M
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
2022
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.62 ac
Current owner
From public records · entity-resolved
Duke Realty LP
Entity
Free & Clear · 6 yrs held
Mailing address
1800 WAZEE ST STE #500, DENVER, CO 80202-2526
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2019
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
10 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Nov 27, 2019
$547,000
Duke Realty LP
Greg Gonzalez
Grant Deed
—
Jul 13, 2017
—
Greg Gonzalez
Gonzalez,christopher
Quit Claim Deed
related
—
Aug 26, 2013
—
Christopher Gonzalez
Gonzalez,greg & Martha
Quit Claim Deed
related
—
Aug 17, 2007
—
Kaus Kelly C Living Trust
Kaus,kelly C
Quit Claim Deed
related
—
Feb 4, 2003
$70,000
Greg Gonzalez
Gader,paul
Grant Deed
—
Jul 17, 2000
$56,177
Paul Gader
Berry,michael N
Trustees Deed
—
—
—
Michael N Berry
—
Deed Of Trust
related
$50,000 · Individual
—
—
Michael N Berry
—
Deed Of Trust
related
$20,000 · Jordan R E
—
—
Michael N Berry
—
Deed Of Trust
related
$20,000 · Jordan R E
—
—
Michael N Berry
—
Deed Of Trust
related
$21,500 · Shields Alfred A
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?”
Own this property?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
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.
