Two-Story Flex
For Sale
$398,850
122 E Main St E, San Jacinto, CA 92583
Newly remodeled flex space with large open areas, two bathrooms, and rear parking access.
Property Size3,600 SF
Days on Market96
Property Features for 122 E Main St E
General Information
Standard status
Active
Size
3,600 SF
Property subtype
Commercial
Amenities
bathrooms
storage area
parking
Building Details
Building Size
3,600 SF
Year Built
1952
Listing Agency:
The Culton Corp
Listed By:
Mike Culton · License #00557811
(951) 492-4714
Source:
Elliman
Added: Jul 25
Changed: Oct 25
Last Checked: Oct 26 at 3:44PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Culton Corp
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Investment Insights
Based on property information with market context.
This newly remodeled flex building features a huge open area with additional space toward the rear and a second-floor level. The interior includes two bathrooms plus a storage area, and the property has been updated with new flooring, fresh paint, and new fixtures, along with refreshed walls and ceilings. Access is available from rear parking.
Located at E Main St in San Jacinto, CA, the property includes a large parking lot served by the rear door. The adjacent building next door is also available if additional square footage is needed. WalkScore is 68 (somewhat walkable) and BikeScore is 59 (bikeable).
Located at E Main St in San Jacinto, CA, the property includes a large parking lot served by the rear door. The adjacent building next door is also available if additional square footage is needed. WalkScore is 68 (somewhat walkable) and BikeScore is 59 (bikeable).
Key Highlights
- 1952‑built flex space newly remodeled with new flooring, paint, walls, ceilings, and fixtures
- Large open area plus additional open area in the rear and on the second floor
- Two bathrooms plus an additional storage area
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,563
Cap Rate
7.41%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,260
$591.3K
Cap Rate 7%
$422,329
$422.3K
Cap Rate 9%
$328,478
$328.5K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$44.9K $12.48/SF
− Vacancy
−$2.7K −$0.75/SF
EGI
$42.2K $11.73/SF
− OpEx
−$12.7K −$3.52/SF
NOI
$29.6K $8.21/SF
Area
Riverside County, CA
Vacancy
6.00%
Lease Rate
$12.48 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$591,260
Cap Rate 7%
$422,329
Cap Rate 9%
$328,478
Alternative Uses
Best Use
Industrial
$422.3K
$369.5K – $492.7K
NOI $29,563 @ 7.0% cap · market cap 7.41%
Second Best
Flex RnD
$392.2K
$343.1K – $457.5K
NOI $27,451 @ 7.0% cap · market cap 6.88%
Theoretical Best
Office A
$1.08M
$943.7K – $1.26M
NOI $75,495 @ 7.0% cap · market cap 18.93%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
565
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 92583, CA
34,674
Population
10,397
Households
3.3
Avg Household Size
34
Median Age
13%
College-Educated
78%
High-School Grad
29.1 sq mi
ZIP Area
1,192
Density / Sq Mi
$63,582
Median Household Income
$37,128
Median Earnings
$1,501
Median Rent
$339,500
Median Home Value
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Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Lisa's catering — 375 N Victoria Ave, San Jacinto, CA 92583
Frequently Asked Questions
What type of property is this?
Flex space - Newly remodeled flex space with large open areas, two bathrooms, and rear parking access.
Where is this flex space located?
The property is located at 122 E Main St E San Jacinto, CA.
What is the asking price?
The asking price for this property is $398,850.
What are key features of this property?
This property features: 1952‑built flex space newly remodeled with new flooring, paint, walls, ceilings, and fixtures; Large open area plus additional open area in the rear and on the second floor; Two bathrooms plus an additional storage area
