Flex Space with Fenced
For Sale
$3,700,000
42660 Rio Nedo, Temecula, CA 92590
Available for immediate occupancy with covered exterior work area, engineered mezzanine, and 400-amp electrical service.
Property Size12,149 SF
Days on Market101
Property Features for 42660 Rio Nedo
General Information
Standard status
Active
Size
12,149 SF
Property subtype
Industrial
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Warehouse & Industrial
Mezzanine
1,024 SF
Power
400 amps
Building Details
Building Size
12,149 SF
Year Built
1998
Listing Agency:
Lee & Associates
Listed By:
Jim Nadal, CCIM · License #CalDRE #01040679
(951) 445-4520
Source:
Lee-associates
Added: Jul 10
Changed: Oct 2
Last Checked: Oct 16 at 8:13AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1998 flex-space property in Temecula includes a secured outdoor yard with fencing and a gate, providing dedicated exterior work area. The improvements also include 1,200 SF of covered workspace and a 1,024 SF engineered mezzanine, adding functional space beyond the primary building area. Electrical capacity includes a 400-amp panel. The property is located at 42660 Rio Nedo, Temecula, California 92590, and is available for immediate occupancy.
Key Highlights
- Fenced and gated yard
- 1,200 SF outdoor covered workspace
- 1,024 SF engineered mezzanine
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$113,020
Cap Rate
3.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,260,400
$2.3M
Cap Rate 7%
$1,614,571
$1.6M
Cap Rate 9%
$1,255,778
$1.3M
Market Conditions
NOI Build-Up for 12,149 SF
Gross rent
$174.9K $14.40/SF
− Vacancy
−$13.5K −$1.11/SF
EGI
$161.5K $13.29/SF
− OpEx
−$48.4K −$3.99/SF
NOI
$113.0K $9.30/SF
Area
Temecula, CA
Vacancy
7.71%
Lease Rate
$14.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,260,400
Cap Rate 7%
$1,614,571
Cap Rate 9%
$1,255,778
Alternative Uses
Best Use
Industrial
$1.61M
$1.41M – $1.88M
NOI $113,020 @ 7.0% cap · market cap 3.05%
Second Best
Flex RnD
$1.50M
$1.31M – $1.75M
NOI $104,947 @ 7.0% cap · market cap 2.84%
Theoretical Best
Office A
$3.77M
$3.30M – $4.40M
NOI $263,958 @ 7.0% cap · market cap 7.13%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
681
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92590, CA
4,840
Population
2,023
Households
2.4
Avg Household Size
40
Median Age
33%
College-Educated
91%
High-School Grad
54.4 sq mi
ZIP Area
89
Density / Sq Mi
$76,952
Median Household Income
$41,510
Median Earnings
$1,289
Median Rent
$1,201,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Flex space - Available for immediate occupancy with covered exterior work area, engineered mezzanine, and 400-amp electrical service.
Where is this flex space located?
The property is located at 42660 Rio Nedo Temecula, CA.
What is the asking price?
The asking price for this property is $3,700,000.
What are key features of this property?
This property features: Fenced and gated yard; 1,200 SF outdoor covered workspace; 1,024 SF engineered mezzanine
