17307 Grand Lake Elsinore, CA 92530
High-visibility corner lot with lake and mountain views.
Property Features for 17307 Grand
General Information
- Standard status
- Active
- Size
- 930 SF
- Property subtype
- Commercial
Building Details
- Year Built
- 1975
Listing office Farnam & Associates Real Estate (844) 432-7626
Listing date May 18, 2026
Source Elliman
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Investment Insights
Based on property information with market context.
Key Highlights
- High‑visibility corner lot on busy Grand Ave.
- Enjoy stunning lake and mountain views.
- Adjacent to an approved housing development, offering exceptional future growth potential.
Local Financial Insights For Retail
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 | $20.1k | $21.60 |
| − Vacancy | −$1.0k | −$1.12 |
| EGI | $19.0k | $20.48 |
| − OpEx | −$5.7k | −$6.14 |
| NOI | $13.3k | $14.33 |
