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

    25190 Hancock Ave Murrieta, CA 92562

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Lease
    $1.95 SF/Yr

    Contemporary office space with flexible floor plans in Murrieta.

    Building Details

    Year built
    1985

    We can help!

    Listing Contact
    Brett Larson, Jd, Ccim
    Source: Svn

    Listing Agent: Brett Larson, Jd, Ccim

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

    Learn more

    Overview

    Prime Murrieta Leasing Opportunity

    This Murrieta property offers a leasing opportunity with a contemporary design and flexible floor plans suitable for modern businesses. The property includes ample parking, state-of-the-art facilities, and customizable space options. Its central location provides high visibility and easy access for employees and clients. The location in the Inland Empire offers a blend of business and lifestyle opportunities, with convenient access to major highways. Nearby Old Town Temecula provides dining, shopping, and entertainment, and Temecula Valley Wine Country is a short drive away. This location is suitable for an Office/Office Building tenant, offering a dynamic business community and strong regional connectivity.
    Location Intelligence

    Current Use by Public Records

    Autism Learning Partners ... Medical Clinic Charlee Family Care ... Medical Group Little Learners Therapy Home Health Care Service TeamCME- XpressDOT Medical Clinic Heather Halper Counselor

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.1818533
    Latitude
    33.5636616

    Nearby Similar for Lease

    • $3,365 /Mo
      1,536 SF

      Murrieta Office/Retail Space Available

      Office and retail space for lease in downtown Murrieta.
      24977 Washington Ave, Murrieta, CA 92562
      View Details
    • $6,659 /Mo
      4,162 SF

      Murrieta Commercial Space with Warehouse

      Ground level office with warehouse space available for lease.
      38740 Sky Canyon Dr, Murrieta, CA 92563
      View Details
    • $1.37 SF/Yr
      20,521 SF

      Office and Warehouse Space Available

      Sublease available through 2/28/2027, featuring office and warehouse components.
      41120 Elm St, Murrieta, CA 92562
      View Details
    • $2 SF/Yr
      32,572 SF

      Office Space in Murrieta

      Office space available for lease in Murrieta, California.
      41391 Kalmia St, Murrieta, CA 92562
      View Details
    • Contact for pricing

      Murrieta Retail Spaces For Lease

      Super regional shopping center with anchor, theater, and restaurant spaces.
      Murrieta Hot Springs Rd, Murrieta, CA 92562
      View Details
    • $2 SF/Yr
      140,000 SF

      Murrieta Gateway Retail Center Space

      Commercial space for rent in a busy Murrieta shopping center.
      39413-39621 Los Alamos Rd, Murrieta, CA 92563
      View Details
    • $1.50 SF/Yr
      3,997 SF

      Office Space For Rent

      Second floor office space available for rent.
      30135 Technology Dr, Murrieta, CA 92563
      View Details
    • Contact for pricing
      119,680 SF

      R&D, Lab & Cleanroom Space

      R&D, lab, and cleanroom space available for lease.
      30590 Cochise Cir, Murrieta, CA 92563
      View Details
    • Contact for pricing
      37,369 SF

      Office Building in Historical District

      Two-story office building in Murrieta's historical district available for rent.
      41856 Ivy St, Murrieta, CA 92562
      View Details
    • $1,069,000
      2,366 SF

      Murrieta Office Space For Rent

      First-floor office space with window-lined offices, kitchenette, and open area.
      29995 Technology Dr, Murrieta, CA 92563
      View Details
    • Contact for pricing

      Jefferson Avenue Office Building

      Fully leased office building in Murrieta, California.
      25114 Jefferson Ave, Murrieta, CA 92562
      View Details
    • Contact for pricing

      Technology Drive Office Building

      Fully leased office building on Technology Drive in Murrieta.
      30123 Technology Dr, Murrieta, CA 92563
      View Details

    FAQs

    What type of property is this?
    Office building - Contemporary office space with flexible floor plans in Murrieta.
    Where is this office building located?
    The property is located at 25190 Hancock Ave Murrieta, CA.
    What is the lease rate?
    The lease rate is $1.95 SF/Yr.
    What are key features of this property?
    This property features: - Prime Murrieta location with high visibility and easy access.; - Customizable space options to accommodate diverse business needs.; - Ample parking for employees and clients.
    (951) 532-4713
    Request Owner's contact information
    25190 Hancock Ave Murrieta, CA 92562
    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.
    25190 Hancock Ave
    Murrieta, CA 92562
    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
    25190 Hancock Ave Murrieta, CA 92562
    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!
    Listing Contact
    Brett Larson, Jd, Ccim
    Real Estate License ID: 01947115
    (951) 532-4713
    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!