Freestanding Flex Space with Grade-Level
518 Birch St Bldg 12, Lake Elsinore, CA 92530
For Sale
Contact for pricing
Pending
Freestanding flex building with office space and two grade-level loading doors.
Property Size1,007 SF
Days on Market293
Property Features for 518 Birch St Bldg 12
General Information
Standard status
Size
Property subtype
Warehouse & Industrial
Office Build-Out
Drive-In Doors
Amenities
grade level loading doors
Building Details
Buildings
Building Size
Listing Agency:
Lee & Associates
(951) 276-3600
Listed By:
Justin B Null, SIOR · License #00822133
(714) 318-3571
Source:
Moodyscre
Added: Jan 20
Changed: Oct 26
Last Checked: Nov 6 at 12:06PM
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
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Investment Insights
Based on property information with market context.
Located in Fairway Business Park Phase III, this freestanding flex space includes 1,007 SF of office space within a 12,000 SF building. The property is set up for practical business operations with two grade-level loading doors.
The building is part of a business park environment, offering a defined site setting for light industrial and office-flex users who need both workplace space and convenient loading access. The free-standing configuration provides direct building control for day-to-day operations.
With office space and grade-level loading, the layout supports tenants seeking a combined work and distribution/production workflow under one roof.
The building is part of a business park environment, offering a defined site setting for light industrial and office-flex users who need both workplace space and convenient loading access. The free-standing configuration provides direct building control for day-to-day operations.
With office space and grade-level loading, the layout supports tenants seeking a combined work and distribution/production workflow under one roof.
Key Highlights
- Freestanding flex building in Fairway Business Park Phase III
- 12,000 SF building size
- 1,007 SF of office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$188,540
Cap Rate
5.27%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,770,800
$3.8M
Cap Rate 7%
$2,693,429
$2.7M
Cap Rate 9%
$2,094,889
$2.1M
Market Conditions
NOI Build-Up for 12,000 SF
Gross rent
$275.0K $22.92/SF
− Vacancy
−$23.7K −$1.97/SF
EGI
$251.4K $20.95/SF
− OpEx
−$62.8K −$5.24/SF
NOI
$188.5K $15.71/SF
Area
Riverside County, CA
Vacancy
8.60%
Lease Rate
$22.92 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,770,800
Cap Rate 7%
$2,693,429
Cap Rate 9%
$2,094,889
Alternative Uses
Best Use
Office B
$2.69M
$2.36M – $3.14M
NOI $188,540 @ 7.0% cap · market cap 5.27%
Second Best
Industrial
$1.41M
$1.23M – $1.64M
NOI $98,542 @ 7.0% cap · market cap 2.76%
Theoretical Best
Office A
$3.59M
$3.15M – $4.19M
NOI $251,650 @ 7.0% cap · market cap 7.04%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Current Use
Lease Details
2
Drive-in doors
Location Intelligence
Trade Area within ½ mile
840
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92530, CA
59,098
Population
18,502
Households
3.2
Avg Household Size
34
Median Age
17%
College-Educated
80%
High-School Grad
77.1 sq mi
ZIP Area
767
Density / Sq Mi
$84,799
Median Household Income
$41,138
Median Earnings
$1,705
Median Rent
$467,400
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Flex space in Riverside County, CA
Properties on Market for Flex space in Riverside County
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Tacos El Chema — 18123 Collier Ave, Lake Elsinore, CA 92530
Frequently Asked Questions
What type of property is this?
Flex space - Freestanding flex building with office space and two grade-level loading doors.
Where is this flex space located?
The property is located at 518 Birch St Bldg 12 Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $3,576,000.
What are key features of this property?
This property features: Freestanding flex building in Fairway Business Park Phase III; 12,000 SF building size; 1,007 SF of office space
