San Jacinto Two-Story
For Sale
$3,250,000
1520 S San Jacinto Ave, San Jacinto, CA 92583
Two-story building for sale in San Jacinto, California.
Property Size14,210 SF
Lot Size0.52 Acres
Price / SF$228.87
Days on Market165
Property Features for 1520 S San Jacinto Ave
General Information
Standard status
Active
Size
14,210 SF
Lot size
0.52 Acres
Property subtype
Commercial
Building Details
Building Size
14,210 SF
Year Built
1981
Listing Agency:
New Star Realty & Investment
(714) 865-8989
Listed By:
Kee Woon Lee · License #01077991
(714) 865-8989
Source:
Elliman
Added: Mar 11
Changed: Aug 15
Last Checked: Aug 22 at 11:27AM
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 New Star Realty & Investment
Investment Insights
Based on property information with market context.
A two-story building encompassing 14,200 square feet is available for purchase in San Jacinto. Constructed in 1981, the property occupies a 22,651-square-foot lot. The building is situated on the southwest corner of San Jacinto Avenue and Esplanade Avenue.
Key Highlights
- Large building size: 14,200 sf of 2‑story building.
- Substantial lot size: 22,651 sf.
- Located at the Southwest Corner of San Jacinto Ave and Esplanade Ave.
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
$203,539
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
6.26%
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%
$4,070,780
$4.1M
Cap Rate 7%
$2,907,700
$2.9M
Cap Rate 9%
$2,261,544
$2.3M
Market Conditions
NOI Build-Up for 14,200 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
$306.7K $21.60/SF
− Vacancy
−$15.9K −$1.12/SF
EGI
$290.8K $20.48/SF
− OpEx
−$87.2K −$6.14/SF
NOI
$203.5K $14.33/SF
Area
Riverside County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
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%
$4,070,780
Cap Rate 7%
$2,907,700
Cap Rate 9%
$2,261,544
Alternative Uses
Best Use
Retail
$2.91M
$2.54M – $3.39M
NOI $203,539 @ 7.0% cap · market cap 6.26%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$4.25M
$3.72M – $4.96M
NOI $297,786 @ 7.0% cap · market cap 9.16%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
801
Businesses Nearby
345k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 34%
Dining 33%
Shops & Services 21%
Leisure 6%
Cardenas Market
Groceries
49,124 visits/mo
0.2 miles
Stater Bros. Markets
Groceries
45,913 visits/mo
0.3 miles
Starbucks
Dining
32,593 visits/mo
0.2 miles
Aldi
Groceries
20,637 visits/mo
0.3 miles
Regal Cinemas San Jacinto Metro 12
Leisure
19,182 visits/mo
0.4 miles
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
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Adam's Arrangements — 420 S State St, San Jacinto, CA 92583
- San Jacinto Florist — 1170 S San Jacinto Ave, San Jacinto, CA 92583
- Ibanez Decorations & Florists — 500 S State St, San Jacinto, CA 92583
Frequently Asked Questions
What type of property is this?
Storefront property - Two-story building for sale in San Jacinto, California.
Where is this storefront property located?
The property is located at 1520 S San Jacinto Ave San Jacinto, CA.
What is the asking price?
The asking price for this property is $3,250,000.
What are key features of this property?
This property features: Large building size: **14,200 sf of 2‑story building**.; Substantial lot size: **22,651 sf**.; Located at the Southwest Corner of San Jacinto Ave and Esplanade Ave.
