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    San Jacinto Commercial Opportunity Title is generated by Realmo AI

    690 W Esplanade Avenue, San Jacinto, CA 92583

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    Claim this Listing
    For Sale
    Under Contract
    $350,000

    Commercial Sale - San Jacinto, CA

    Property size:
    801 SF
    Price / SF:
    $436/SF
    Added:
    Jan 6, 2026
    Days on Market:
    129
    Last Refresh:
    May 15 at 5:06 pm

    Property Features for 690 W Esplanade Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active Under Contract
    APN
    439070002
    Size
    801 SF

    Utilities

    Cooling system
    Multi Units, Wall/Window Unit(s), Window Unit(s)

    Building Details

    Year built
    1961
    Architectural style
    Other

    We can help!

    Listing Contact
    Vince Kwon

    Listing agent Vince Kwon License #01778421

    Listing office IRN Realty 17919 Gale Ave #203, Arcadia, CA

    Listing date Jan 6, 2026

    MLS# TR26003027 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Strategic Location: High visibility and easy access in the heart of San Jacinto.
    • M1 Zoning: Provides flexibility for a range of commercial and light industrial uses.
    • Versatile Use: Adaptable layout suitable for office, retail, or light industrial businesses.
    • Income Potential: Currently utilized as a car dealership, offering immediate rental income or business opportunity.
    • Office Space: Features 5 office rooms, ideal for professional services or administrative offices.
    • Amenities: Includes 2 full bathrooms for convenience.

    Overview

    This commercial property is located in San Jacinto, CA. The property is currently utilized as a small car dealership, demonstrating its potential for automotive-related businesses or other commercial ventures. The building features 5 office rooms, suitable for professional services, administrative offices, or other business needs. The property's M1 zoning provides flexibility for a range of commercial and light industrial uses, offering opportunities for diverse business operations. The building includes 2 full bathrooms. The property benefits from high visibility and easy access to major thoroughfares. The property size is 801 square feet. The property's M1 zoning and adaptable layout make it suitable for a variety of business types, including office, retail, or light industrial uses. San Jacinto's growing economy and population present opportunities for business expansion and increased property value.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Affordable Luxury Autos Car Dealership

    Suggested Use

    Restaurant Real Estate Agency Law Firm Spa & Massage Center Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • U-Haul Neighborhood Dealer — 1398 S State St Ste F, San Jacinto, CA 92583
    • Penske Truck Rental — 1137 S San Jacinto Ave, San Jacinto, CA 92583
    • Affordable Luxury Autos — 690 W Esplanade Ave, San Jacinto, CA 92583

    Location Insight

    • Map
    • Local Demand
    City
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -116.9713482
    Latitude
    33.7726536

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    FAQs

    What type of property is this?
    Automotive property - Versatile commercial property in San Jacinto with M1 zoning.
    Where is this automotive property located?
    The property is located at 690 W Esplanade Avenue San Jacinto, CA.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Strategic Location: High visibility and easy access in the heart of San Jacinto.; M1 Zoning: Provides flexibility for a range of commercial and light industrial uses.; Versatile Use: Adaptable layout suitable for office, retail, or light industrial businesses.
    (626) 374-5121
    We can help!
    Listing Contact
    Vince Kwon
    Real Estate License ID: 01778421
    Learn More
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    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.

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    690 W Esplanade Avenue, San Jacinto, CA 92583
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