Flex Space with Secured
For Sale
Contact for pricing
524 Birch St Bldg 11, Lake Elsinore, CA 92530
Freestanding flex building with fenced, secured yard, office space with mezzanine, and multiple grade-level and dock-high doors.
Property Size20,500 SF
Price / SF$288
Days on Market194
Property Features for 524 Birch St Bldg 11
General Information
Standard status
Active
Size
20,500 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
26 ft
Office Build-Out
1,529 SF
Mezzanine
1,019 SF
Dock-High Doors
2
Drive-In Doors
2
Additional Details
Fenced Yard
Yes
Amenities
Fenced/Secured Yard
Grade Level Doors
Dock High Doors
Building Details
Buildings
1
Listing Agency:
Lee & Associates
(714) 318-3571
Listed By:
Justin B Null, SIOR · License #01275376
(714) 318-3571
Source:
Moodyscre
Added: Jan 20
Changed: Jul 29
Last Checked: Aug 1 at 5:49AM
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.
Freestanding flex space in Fairway Business Park Phase III featuring office and warehouse support improvements. The building includes 1,529 SF of first-floor office space plus a 1,019 SF mezzanine. Warehouse clear height is listed at 26 feet, with 2 grade level doors and 2 dock high doors to support a range of operating needs. The property also includes a fenced and secured yard for controlled onsite storage and access.
Located at 524 Birch St, Bldg 11 in Lake Elsinore, California, this phase of the business park offers a straightforward, building-specific setup suitable for tenants looking for dedicated improvements rather than shared space.
Located at 524 Birch St, Bldg 11 in Lake Elsinore, California, this phase of the business park offers a straightforward, building-specific setup suitable for tenants looking for dedicated improvements rather than shared space.
Key Highlights
- Freestanding flex space in Fairway Business Park Phase III
- 1,529 SF first‑floor office plus 1,019 SF mezzanine
- 26' clear height
Financial Insights For Office B
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 | $469.9k | $22.92 |
| − Vacancy | −$40.4k | −$1.97 |
| EGI | $429.5k | $20.95 |
| − OpEx | −$107.4k | −$5.24 |
| NOI | $322.1k | $15.71 |
20,500 SF · lease $22.92/SF/yr · vacancy 8.60% · expense 25.00%
Alternative Uses
Best Use
Office B
$4.60M
$4.03M – $5.37M
NOI $322,089 @ 7.0% cap · market cap 5.46%
Second Best
Warehouse
$2.92M
$2.56M – $3.41M
NOI $204,416 @ 7.0% cap · market cap 3.46%
Theoretical Best
Office A
$6.14M
$5.37M – $7.17M
NOI $429,902 @ 7.0% cap · market cap 7.28%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
26 ft
Clear height
2
Dock-high doors
2
Drive-in doors
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
744
Businesses Nearby
Balanced
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
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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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 fenced, secured yard, office space with mezzanine, and multiple grade-level and dock-high doors.
Where is this flex space located?
The property is located at 524 Birch St Bldg 11 Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $5,904,000.
What are key features of this property?
This property features: Freestanding flex space in Fairway Business Park Phase III; 1,529 SF first‑floor office plus 1,019 SF mezzanine; 26' clear height
