23305 Peggy Lane, Wildomar, CA 92595
Industrial property with freeway frontage and income-producing tenants.
- Added:
- Sep 24, 2023
- Days on Market:
- 1018
- Last Refresh:
- Jul 5 at 6:21 am
Property Features for 23305 Peggy Lane
General Information
- Standard status
- Active
- Size
- 9,000 SF
- Lot size
- 3.00 Acres
- Property subtype
- Industrial
Listing office Coldwell Banker Associated Brokers Realty
Listing date Sep 24, 2023
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Associated Brokers Realty
HighLights
- MSC Zoning
- Freeway Frontage: 600 +/- feet on the 15 FWY
- Income‑producing tenants
- 3+ acres of flat, usable, and fully fenced land
- Approximately 9000 sqft of building space
- 1600 sqft of remodeled office space
Overview
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Wildomar
- County
- Riverside
- State
- California
- Longitude
- -117.2535817
- Latitude
- 33.6066244