General Industrial Flex
For Sale
$1,700,000
41141 Raintree Ct, Murrieta, CA 92562
Flex warehouse built in 2001 with office space and warehouse areas, totaling 5,587 SF.
Property Size5,587 SF
Lot Size0.31 Acres
Price / SF$304.28
Days on Market796
Property Features for 41141 Raintree Ct
General Information
Standard status
Active
Size
5,587 SF
Lot size
0.31 Acres
Zoning
GI
Building Details
Year Built
2001
Stories
2
Listed By:
Rose Ibarra · License #01318444
(855) 451-1236
Source:
Expcommercial
Added: Jul 2, 2024
Changed: Aug 23
Last Checked: Sep 5 at 3:43AM
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 Rose Ibarra
Investment Insights
Based on property information with market context.
This general industrial flex warehouse was constructed in 2001 and includes 5,587 SF of building area. The property features 5,050 SF on the main floor with warehouse and office components, along with a 537 SF second-floor office and storage area.
The asset is located at 41141 Raintree Ct in Murrieta, within a business park setting. It is zoned GI (general industrial).
The layout supports a combined office and warehouse configuration, with two levels of office and storage above the main floor warehouse and work areas.
The asset is located at 41141 Raintree Ct in Murrieta, within a business park setting. It is zoned GI (general industrial).
The layout supports a combined office and warehouse configuration, with two levels of office and storage above the main floor warehouse and work areas.
Key Highlights
- 5,587 SF industrial flex building on a 13,504 SF lot, built in 2001
- Zoned GI (general industrial) and located in a business park
- Includes 5,050 SF main floor with warehouse and office space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$73,107
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.30%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,462,140
$1.5M
Cap Rate 7%
$1,044,386
$1.0M
Cap Rate 9%
$812,300
$812.3K
Market Conditions
NOI Build-Up for 5,587 SF
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.
Gross rent
$120.7K $21.60/SF
− Vacancy
−$8.2K −$1.47/SF
EGI
$112.5K $20.13/SF
− OpEx
−$39.4K −$7.05/SF
NOI
$73.1K $13.09/SF
Area
Murrieta, CA
Vacancy
6.80%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,462,140
Cap Rate 7%
$1,044,386
Cap Rate 9%
$812,300
Alternative Uses
Best Use
Flex RnD
$1.04M
$913.8K – $1.22M
NOI $73,107 @ 7.0% cap · market cap 4.30%
Second Best
Warehouse
$914.4K
$800.1K – $1.07M
NOI $64,008 @ 7.0% cap · market cap 3.77%
Theoretical Best
Specialty Retail
$1.76M
$1.54M – $2.06M
NOI $123,545 @ 7.0% cap · market cap 7.27%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,724
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92562, CA
64,270
Population
22,362
Households
2.9
Avg Household Size
38
Median Age
34%
College-Educated
94%
High-School Grad
110.3 sq mi
ZIP Area
583
Density / Sq Mi
$113,204
Median Household Income
$55,495
Median Earnings
$2,262
Median Rent
$629,000
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
What type of property is this?
Flex space - Flex warehouse built in 2001 with office space and warehouse areas, totaling 5,587 SF.
Where is this flex space located?
The property is located at 41141 Raintree Ct Murrieta, 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: 5,587 SF industrial flex building on a 13,504 SF lot, built in 2001; Zoned GI (general industrial) and located in a business park; Includes 5,050 SF main floor with warehouse and office space
