Industrial Property with Freeway
23305 Peggy Ln Wildomar, CA 92595
For Sale
$2,250,000
Industrial property with remodeled office space and income-producing tenants.
Property Size9,000 SF
Lot Size3.02 Acres
Price / SF$250
Days on Market141
Property Features for 23305 Peggy Ln
General Information
Standard status
Active
Size
9,000 SF
Lot size
3.02 Acres
Property subtype
Industrial
Listing Agency:
Listed By:
Kris Hansen
Source:
Elliman
Added: Mar 11
Changed: Jul 10
Last Checked: Jul 28 at 8:40AM
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 Kris Hansen
Investment Insights
Based on property information with market context.
This property, zoned MSC, is located along the 15 Freeway between Wildomar Trail and Clinton Keith. It features over 600 feet of freeway frontage. The property includes approximately 9000 square feet of building space, along with 1600 square feet of remodeled office space. The site consists of 3+ acres of flat, usable, and fully fenced land. The property is currently occupied by income-producing tenants and operates on well and septic systems.
Key Highlights
- MSC Zoning
- 600’ +/- of Freeway Frontage on the 15 FWY
- Income‑producing tenants
Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $112.3k | $12.48 |
| − Vacancy | −$6.7k | −$0.75 |
| EGI | $105.6k | $11.73 |
| − OpEx | −$31.7k | −$3.52 |
| NOI | $73.9k | $8.21 |
9,000 SF · lease $12.48/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.06M
$923.8K – $1.23M
NOI $73,907 @ 7.0% cap · market cap 3.28%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$2.70M
$2.36M – $3.15M
NOI $188,737 @ 7.0% cap · market cap 8.39%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Industrial property - Industrial property with remodeled office space and income-producing tenants.
Where is this industrial property located?
The property is located at 23305 Peggy Ln Wildomar, CA.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: MSC Zoning; 600’ +/- of Freeway Frontage on the 15 FWY; Income‑producing tenants
