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Office Units with Light Industrial Zoning

43422 Business Park Dr, Temecula, CA 92590

For Sale
$1,347,850

LI zoning permits medical uses within an established office property.

Property Size3,851 SF
Days on Market94

Property Features for 43422 Business Park Dr

General Information

Standard status Active
Size 3,851 SF
Property subtype Office

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Building Size 3,851 SF
Year Built 2007
Listing Agency: Lee & Associates - Temecula Valley
Listed By: Matt Shaw · License #CalDRE #01917622
Source: Lee-associates
Added: Aug 8 Changed: Nov 6 Last Checked: Nov 8 at 3:16AM

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 - Temecula Valley

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Investment Insights

Based on property information with market context.

This office property contains 3,851 square feet and was built in 2006. The property carries LI – Light Industrial zoning, with medical uses allowed, providing a commercial setting for office and healthcare-related occupancy as supported by the property classification and zoning designation.

Located at 43422 Business Park Drive in Temecula, the property sits near the convergence of Interstate 215 and I-15, with access to the Orange County, Riverside County, and San Diego County marketplaces. French Valley Airport is 4 miles to the north, while Old Town Temecula is less than a mile away. The surrounding area also includes the Promenade Regional Mall, Pechanga Resort and Casino, wine country, golf, resorts, restaurants, and entertainment venues.

Key Highlights

  • 3,851 square feet of office space
  • LI – Light Industrial zoning with medical uses allowed
  • Built in 2006

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$54,338
Cap Rate
4.03%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,086,760 $1.1M
Cap Rate 7%
$776,257 $776.3K
Cap Rate 9%
$603,756 $603.8K
Market Conditions
NOI Build-Up for 3,851 SF
Gross rent
$83.2K $21.60/SF
− Vacancy
−$10.7K −$2.79/SF
EGI
$72.5K $18.81/SF
− OpEx
−$18.1K −$4.70/SF
NOI
$54.3K $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%
$1,086,760
Cap Rate 7%
$776,257
Cap Rate 9%
$603,756

Alternative Uses

Best Use
Office B
$776.3K
$679.2K – $905.6K (±1% cap)
NOI $54,338 @ 7.0% cap · market cap 4.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.20M
$1.05M – $1.39M (±1% cap)
NOI $83,670 @ 7.0% cap · market cap 6.21%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

TPA Wellness Center Alternative Medicine Practice

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Butcher Pet Grooming Service Tanning Salon Buffet Restaurant

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

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,878
Businesses Nearby

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

Average Price Trend$/SF for Office Units in Riverside County, CA

$383 Jul
$399 Aug
$468 Sep
$463 Oct

Properties on Market for Office Units in Riverside County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Office unit - LI zoning permits medical uses within an established office property.
Where is this office unit located?
The property is located at 43422 Business Park Dr Temecula, CA.
What is the asking price?
The asking price for this property is $1,347,850.
What are key features of this property?
This property features: 3,851 square feet of office space; LI – Light Industrial zoning with medical uses allowed; Built in 2006
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