Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    1060 S State St San Jacinto, CA 92583

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Approximately 4.59 acres of industrial land available for lease.

    Property size:
    199,940 SF
    Lot size:
    4.59 Acres

    Property Features for 1060 S State St

    General Information

    Size
    199,940 SF
    Lot size
    4.59 Acres

    We can help!

    Listing Contact
    Yunju Melissa Wang
    Yunju Melissa Wang
    Source: Moodyscre

    Listing Agency: Pinnacle Real Estate Group Listing Agent: Yunju Melissa Wang

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Overview

    Industrial Land for Lease

    This property offers approximately 4.59 acres of land zoned for industrial use. It features frontage and access on a major street, providing an infill development location. The site benefits from an excellent existing workforce and is situated within one of the strongest growing communities in Southern California. Immediate access to Highway 79 and Highway 74 enhances its connectivity.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -116.9726649
    Latitude
    33.8008632

    Nearby Similar for Sale

    • $350,000
      801 SF

      San Jacinto Commercial Opportunity

      Versatile commercial property in San Jacinto with M1 zoning.
      690 W Esplanade Ave, San Jacinto, CA 92583
      View Details
    • $1,990,000
      16,000 SF

      San Jacinto Commercial Investment Opportunity

      Light industrial building with eight units, fully leased, M1 zoning.
      478 N Scovell Ave, San Jacinto, CA 92582
      View Details
    • $900,000
      5,771 SF

      San Jacinto Office & Warehouse

      Versatile commercial property with warehouse and office space.
      121 N Dillon Ave, San Jacinto, CA 92583
      View Details
    • $529,999
      1,688 SF

      San Jacinto Duplex Investment Opportunity

      Remodeled duplex in prime San Jacinto location, ideal for investors.
      563 W Main St, San Jacinto, CA 92583
      View Details
    • $985,000
      4,994 SF

      Versatile Banquet Hall in San Jacinto

      Multi-purpose venue with commercial kitchen, ideal for restaurant/events.
      300 E Main St, San Jacinto, CA 92583
      View Details
    • $729,900

      Versatile Industrial Building with Office

      4,000 SF light industrial building with office and warehouse.
      1037 Enterprise Ave, San Jacinto, CA 92582
      View Details
    • $395,000
      2,535 SF

      San Jacinto Commercial Property For Sale

      Versatile commercial property with redevelopment opportunity in San Jacinto, CA.
      438 S State St, San Jacinto, CA 92583
      View Details
    • $299,000

      San Jacinto Gas Station Opportunity

      Non-operational gas station with retail and automotive surroundings.
      2469 S San Jacinto Ave, San Jacinto, CA 92583
      View Details
    • $490,000

      Mixed-Use Building in San Jacinto

      Versatile building with offices, retail, and warehouse space.
      142 E Main St, San Jacinto, CA 92583
      View Details
    • $985,000

      Spacious Banquet Hall with Commercial Kitchen

      Multi-purpose venue ideal for events, restaurant, and catering.
      300 E Main St, San Jacinto, CA 92583
      View Details
    • $395,000

      San Jacinto Commercial Redevelopment Opportunity

      Versatile commercial property in prime location with high visibility.
      438 S State St, San Jacinto, CA 92583
      View Details
    • $490,000

      San Jacinto Mixed-Use Building

      Versatile building with office, retail, and warehouse space.
      142 E Main St, San Jacinto, CA 92583
      View Details

    FAQs

    What type of property is this?
    Land - Approximately 4.59 acres of industrial land available for lease.
    Where is this land located?
    The property is located at 1060 S State St San Jacinto, CA.
    What is the asking price?
    The asking price for this property is $1,700,000.
    What are key features of this property?
    This property features: - ±4.59 Acres of Land - Zoned Industrial; - Immediate Access to Highway 79 & Highway 74; - Frontage and Access on Major Street
    (626) 826-4927 Call to check price and availability
    Request Owner's contact information
    1060 S State St San Jacinto, CA 92583
    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.
    1060 S State St
    San Jacinto, CA 92583
    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
    1060 S State St San Jacinto, CA 92583
    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

    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Yunju Melissa Wang
    Yunju Melissa Wang
    Real Estate License ID: 01898512
    (626) 826-4927 (626) 888-9808 (626) 810-6660
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!