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    Industrial Property with Freeway Frontage Title is generated by Realmo AI

    23305 Peggy Ln, Wildomar, CA 92595

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    Claim this Listing
    For Sale
    $2,250,000

    Industrial property with remodeled office space and income-producing tenants.

    Type:Industrial
    Property size:
    9,000 SF
    Lot size:
    3.02 Acres
    Price / SF:
    $250/SF
    Added:
    Mar 11, 2026
    Days on Market:
    119
    Last Refresh:
    Jul 3 at 3:43 am

    Property Features for 23305 Peggy Ln

    General Information

    Standard status
    Active
    Size
    9,000 SF
    Lot size
    3.02 Acres
    Property subtype
    Industrial

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    Kris Hansen

    Listing office

    Listing date Mar 11, 2026

    Source Elliman

    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

    HighLights

    • MSC Zoning
    • 600’ +/- of Freeway Frontage on the 15 FWY
    • Income‑producing tenants
    • Approx 9000 sqft of building space
    • Enjoy 1600 sqft of remodeled office space
    • Fully fenced 3+ acres

    Overview

    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.

    Local Financial Insights For Office B

    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 $206.3k $22.92
    − Vacancy −$17.7k −$1.97
    EGI $188.5k $20.95
    − OpEx −$47.1k −$5.24
    NOI $141.4k $15.71
    9,000 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $2.02M
    $1.77M – $2.36M (±1% cap)
    NOI $141,405 @ 7.0% cap · market cap 6.28%
    Second Best
    Industrial
    $1.06M
    $923.8K – $1.23M (±1% cap)
    NOI $73,907 @ 7.0% cap · market cap 3.28%
    Theoretical Best
    Office A
    $2.70M
    $2.36M – $3.15M (±1% cap)
    NOI $188,737 @ 7.0% cap · market cap 8.39%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Units

    Suggested Use

    Law Firm Big Box & Wholesale Store Real Estate Agency Auto Repair Shop Restaurant Hotel & Motel Auto Parts Store Spa & Massage Center Building Supply Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wildomar
    County
    Riverside
    State
    California
    Longitude
    -117.254
    Latitude
    33.6066

    FAQs

    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
    More about this property
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