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Multi-Tenant Office Building
New
For Sale
$6,500,000

31205-31217 Pauba Road, Temecula, CA 92592

NC-zoned office property with tenants in healthcare, wellness, insurance, and professional services.

Property Size18,105 SF
Price / SF$359.02
Days on Market2

Property Features for 31205-31217 Pauba Road

General Information

Standard status Active
Size 18,105 SF
Property subtype Office
Zoning NC - Neighborhood Commercial
Occupancy 94%

Building Details

Building Size 18,105 SF
Year Built 2006
Tenancy Multi
Listing Agency: SRS Real Estate Partners - Global Company
Listed By: Russel Wehsener · License #817073-SA
Source: Srsre
Added: Oct 14 Changed: Oct 15 Last Checked: Oct 15 at 2:29AM

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 SRS Real Estate Partners - Global Company

Investment Insights

Based on property information with market context.

This 18,105-square-foot office property contains multiple tenant spaces and was built in 2006. Occupancy is 94%, with tenants across healthcare, wellness, insurance, and professional services. The property is zoned NC - Neighborhood Commercial.

The building is located at 31205-31217 Pauba Road in Temecula, California.

Key Highlights

  • 18,105‑square‑foot multi‑tenant office property
  • 94% occupied
  • Built in 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$255,465
Cap Rate
3.93%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,109,300 $5.1M
Cap Rate 7%
$3,649,500 $3.6M
Cap Rate 9%
$2,838,500 $2.8M
Market Conditions
NOI Build-Up for 18,105 SF
Gross rent
$391.1K $21.60/SF
− Vacancy
−$50.4K −$2.79/SF
EGI
$340.6K $18.81/SF
− OpEx
−$85.2K −$4.70/SF
NOI
$255.5K $14.11/SF
Area
Temecula, CA
Vacancy
12.90%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$5,109,300
Cap Rate 7%
$3,649,500
Cap Rate 9%
$2,838,500

Alternative Uses

Best Use
Office B
$3.65M
$3.19M – $4.26M (±1% cap)
NOI $255,465 @ 7.0% cap · market cap 3.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$5.62M
$4.92M – $6.56M (±1% cap)
NOI $393,362 @ 7.0% cap · market cap 6.05%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Restaurant Real Estate Agency Building Supply Dental Office Auto Repair Shop Big Box & Wholesale 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.

Lease Details

94%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

201
Businesses Nearby

Demographics for 92592, CA

79,740
Population
25,878
Households
3.1
Avg Household Size
38
Median Age
41%
College-Educated
95%
High-School Grad
110.2 sq mi
ZIP Area
724
Density / Sq Mi
$132,475
Median Household Income
$59,252
Median Earnings
$2,580
Median Rent
$664,000
Median Home Value

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - NC-zoned office property with tenants in healthcare, wellness, insurance, and professional services.
Where is this office building located?
The property is located at 31205-31217 Pauba Road Temecula, CA.
What is the asking price?
The asking price for this property is $6,500,000.
What are key features of this property?
This property features: 18,105‑square‑foot multi‑tenant office property; 94% occupied; Built in 2006
More about this property
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