Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    41996-41948 Winchester Rd Temecula, CA 92590

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Land available for development of two industrial buildings.

    Type:Land
    Added:
    Mar 4, 2026
    Days on Market:
    32
    Last Refresh:
    Apr 1 at 9:55 pm

    Property Features for 41996-41948 Winchester Rd

    General Information

    Standard status
    Active
    Property subtype
    Land

    We can help!

    Listing Contact
    Charley Black
    Charley Black

    Listing agent Charley Black License #CalDRE #1000597

    Listing office Lee & Associates

    Listing date Mar 4, 2026

    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

    Overview

    Industrial Land for Development

    This property is fully entitled to develop a total of 68,695 square feet in two industrial buildings, situated in South Riverside County.
    Location Intelligence

    Current Use by Public Records

    Industrial land

    Suggested Use

    Restaurant Hotel & Motel Dental Office Pharmacy Big Box & Wholesale Store Food Market Storage Facility Grocery & Convenience Store Bar & Pub Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Temecula
    County
    Riverside
    State
    California
    Longitude
    -117.172
    Latitude
    33.513

    Nearby Similar for Sale

    • $950,000

      Prime Development Site in Temecula

      5.36-acre corner lot ideal for medical, office, or institutional development.
      0 Winchester Rd, Temecula, CA 92591
      View Details
    • $589,900

      Producing Avocado Farm with Creek

      21+ acre Temecula avocado farm with year-round creek.
      0 Via Barranca, Temecula, CA 92590
      View Details
    • $1,895,000

      Temecula Vineyard Ready for Winery

      20-acre Temecula vineyard with mature vines and utilities.
      0 Berenda Road, Temecula, CA 92591
      View Details
    • $500,000

      Commercial Lot Near Old Town

      Flat, clean commercial lot near Old Town Temecula.
      28865 Old Town Front St, Temecula, CA 92590
      View Details
    • $1,299,000
      4,559 SF

      Temecula Industrial Condo For Sale

      Industrial condo in Temecula's Vineyard Center with ample parking.
      42065 Zevo Drive, Temecula, CA 92590
      View Details
    • $639,900

      Temecula Wine Country View Lot

      Gorgeous lot in Temecula Wine Country with spectacular views.
      38538 Martin Ranch Road, Temecula, CA 92592
      View Details
    • $5,000,000
      5,000 SF

      Established Winery on De Portola

      Operational winery with tasting room and vineyard in Temecula Valley.
      39750 De Portola, Temecula, CA 92592
      View Details
    • $399,000

      Temecula Wine Country Estate Parcel

      2.69-acre lot in gated community, ideal for custom home.
      41425 Via Del Toronjo, Temecula, CA 92592
      View Details
    • $595,000

      Rare View Lot in Temecula

      1.39 acre view lot to build your dream estate.
      0 Estero Street, Temecula, CA 92592
      View Details
    • $680,000

      Scenic Land Parcel in Temecula

      10.55-acre parcel with development potential near Temecula.
      0 Via Vaquero, Temecula, CA 92590
      View Details
    • $14,000,000
      20,974 SF

      Award Winning Falkner Winery

      Award-winning winery on 23 acres in Temecula Wine Country.
      40620 Calle Contento, Temecula, CA 92591
      View Details
    • $595,000

      Temecula Land with Development Potential

      Spacious Temecula land suitable for residential or agricultural development.
      36555 Summitville Street, Temecula, CA 92592
      View Details

    FAQs

    What type of property is this?
    Industrial land - Land available for development of two industrial buildings.
    Where is this industrial land located?
    The property is located at 41996-41948 Winchester Rd Temecula, CA.
    What are key features of this property?
    This property features: Fully entitled to develop; 68,695 sf total development size; Two industrial buildings
    (951) 445-4507
    We can help!
    Listing Contact
    Charley Black
    Charley Black
    Real Estate License ID: CalDRE #1000597
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!