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Flex Space with Office and Warehouse
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For Sale
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14340 Elsworth St Bldg B, Moreno Valley, CA 92553

The office area includes four private offices, a conference room, a bullpen, and two restrooms.

Property Size3,402 SF
Price / SF$287.77
Days on Market6

Property Features for 14340 Elsworth St Bldg B

General Information

Standard status Active
Size 3,402 SF
Property subtype INDUSTRIAL

Warehouse & Industrial

Warehouse Space 1,200 SF
Office Build-Out 2,178 SF

Additional Details

Property Use Office / Warehouse
Listing Agency: Sid Lao & Associates
Listed By: Sid Lao, CCIM
Source: Moodyscre
Added: Oct 30 Changed: Nov 1 Last Checked: Nov 3 at 7:34AM

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 Sid Lao & Associates

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Investment Insights

Based on property information with market context.

This flex space combines 2,178 square feet of office area with a 1,200-square-foot warehouse. The office layout includes four private offices, a conference room, a bullpen, and two restrooms. The warehouse has two roll-up doors, each approximately 10 feet by 12 feet.

The property is at 14340 Elsworth St, Building B, in Moreno Valley, California. The association fee covers water, trash, the roof, building insurance, exterior maintenance, and common-area maintenance.

Key Highlights

  • 2,178 SF of office space and 1,200 SF of warehouse space
  • Four private offices, a conference room, bullpen, and two restrooms
  • Two roll‑up doors, approximately 10'x12' each

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$39,485
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,700 $789.7K
Cap Rate 7%
$564,071 $564.1K
Cap Rate 9%
$438,722 $438.7K
Market Conditions
NOI Build-Up for 3,402 SF
Gross rent
$65.3K $19.20/SF
− Vacancy
−$4.6K −$1.34/SF
EGI
$60.7K $17.86/SF
− OpEx
−$21.3K −$6.25/SF
NOI
$39.5K $11.61/SF
Area
Moreno Valley, CA
Vacancy
7.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$789,700
Cap Rate 7%
$564,071
Cap Rate 9%
$438,722

Alternative Uses

Best Use
Flex RnD
$564.1K
$493.6K – $658.1K (±1% cap)
NOI $39,485 @ 7.0% cap · market cap 4.03%
Second Best
Warehouse
$546.7K
$478.4K – $637.8K (±1% cap)
NOI $38,268 @ 7.0% cap · market cap 3.91%
Theoretical Best
Office A
$1.17M
$1.02M – $1.36M (±1% cap)
NOI $81,614 @ 7.0% cap · market cap 8.34%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Rocon Building Interiors Construction Company Moreno Valley Flower ... (Bike/Boat/Book/etc) Store The Bridge Wellness Center Wellness Program Moreno General Services Painting Service Vision City Church Church

Suggested Use

Top Pick Law Firm Nail Salon Gym & Fitness Center Parking Lot & Garage Pharmacy (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

685
Businesses Nearby
Balanced
Demand for This Use

Demographics for 92553, CA

76,761
Population
20,175
Households
3.8
Avg Household Size
30
Median Age
13%
College-Educated
74%
High-School Grad
10.3 sq mi
ZIP Area
7,453
Density / Sq Mi
$71,344
Median Household Income
$36,525
Median Earnings
$1,892
Median Rent
$413,000
Median Home Value

Market

Vacancy Rate% for Industrial in West region

3.7% 2019
4.3% 2020
2.6% 2021
2.5% 2022
4.8% 2023
6.9% 2024
7.9% 2025

Frequently Asked Questions

What type of property is this?
Flex space - The office area includes four private offices, a conference room, a bullpen, and two restrooms.
Where is this flex space located?
The property is located at 14340 Elsworth St Bldg B Moreno Valley, CA.
What is the asking price?
The asking price for this property is $979,000.
What are key features of this property?
This property features: 2,178 SF of office space and 1,200 SF of warehouse space; Four private offices, a conference room, bullpen, and two restrooms; Two roll‑up doors, approximately 10'x12' each
(626) 354-8300 Call to check price and availability
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