31887 Corydon Road Unit 150 & 160 Lake Elsinore, CA 92530
Flex/industrial space in Lake Elsinore, close to I-15.
Property Features for 31887 Corydon Road Unit 150 & 160
General Information
- Standard status
- Active
- Size
- 6,501 SF
- Property subtype
- Industrial
Listing office Lee & Associates (951) 445-4514
Listing date Nov 26, 2025
Source Lee-associates
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 Lee & Associates
Investment Insights
Based on property information with market context.
Key Highlights
- Close proximity to I‑15 Freeway
- Heavy power (verify)
- M‑1 zoning (verify)
Local Financial Insights For Industrial
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 | $81.1k | $12.48 |
| − Vacancy | −$4.9k | −$0.75 |
| EGI | $76.3k | $11.73 |
| − OpEx | −$22.9k | −$3.52 |
| NOI | $53.4k | $8.21 |
