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Investment Highlights

  • Heavy traffice

Executive Summary

HUGE price reduction!! ($250,000.00) Location, Location, Location. Available for sale, 13027 Perris Blvd. This highly desirable low maintenance Two story - free standing commercial Office Building located in the heart of Moreno Valley. The entrance off of Perris Ave. sidewalk is highly visible and protected with an attractive steel security gate. Not only is property equipped with 24 rental units. Each unit has it's own Electric Meter. Plenty of parking space (74 spaces) surrounding this 1+ acre parcel. Don't miss out on this ultimate investment opportunity!

Financial Summary (Actual - 2023)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $490,390 $24.52
Other Income - -
Vacancy Loss $7,111 $0.36
Effective Gross Income $483,278 $24.16
Taxes $21,244 $1.06
Operating Expenses $48,023 $2.40
Total Expenses $69,267 $3.46
Net Operating Income $414,011 $20.70

Financial Summary (Actual - 2023)

Gross Rental Income (CAD)
Annual $490,390
Annual Per SF $24.52
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual $7,111
Annual Per SF $0.36
Effective Gross Income (CAD)
Annual $483,278
Annual Per SF $24.16
Taxes (CAD)
Annual $21,244
Annual Per SF $1.06
Operating Expenses (CAD)
Annual $48,023
Annual Per SF $2.40
Total Expenses (CAD)
Annual $69,267
Annual Per SF $3.46
Net Operating Income (CAD)
Annual $414,011
Annual Per SF $20.70

Property Facts

Sale Type
Investment
Sale Condition
1031 Exchange
Property Type
Office
Property Subtype
Office/Residential
Building Size
20,000 SF
Building Class
C
Year Built
1988
Price
$6,400,170 CAD
Price Per SF
$320.01 CAD
Cap Rate
7%
NOI
$448,012 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
10,000 SF
Slab To Slab
12’
Building FAR
0.35
Lot Size
1.30 AC
Zoning
CC - Community Commercial
Parking
75 Spaces (4.14 Spaces per 1,000 SF Leased)

Amenities

  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100

Property Taxes

Property Taxes

Parcel Number
482-050-040
Land Assessment
$1,705,524 CAD (2025)
Improvements Assessment
$1,162,171 CAD (2025)
Total Assessment
$2,867,696 CAD (2025)
Annual Taxes
$21,244 CAD ($1.06 CAD/SF)
Tax Year
2023
  • Listing ID: 33087636

  • Date on Market: 2024-09-06

  • Last Updated:

  • Address: 13027 Perris Blvd, Moreno Valley, CA 92553

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