Freestanding Flex
For Sale
Contact for pricing
530 Birch St Bldg 10, Lake Elsinore, CA 92530
Combines first-floor office space, a mezzanine, grade-level and dock-high loading, and a fenced secured yard.
Property Size32,000 SF
Price / SF$278
Days on Market200
Property Features for 530 Birch St Bldg 10
General Information
Standard status
Active
Size
32,000 SF
Property subtype
INDUSTRIAL
Warehouse & Industrial
Clear Height
26 ft
Office Build-Out
1,980 SF
Mezzanine
1,840 SF
Dock-High Doors
3
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 31
Last Checked: Aug 8 at 10:07AM
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 with 1,980 SF of first-floor office space and a 1,840 SF mezzanine. The building offers 26' clear height, two grade-level doors, and three dock-high doors, supporting a combination of office, storage, and operational functions. A fenced and secured yard provides additional controlled exterior space.
The property is located at 530 Birch St, Building 10, in Lake Elsinore, California. Its mix of office area, mezzanine space, loading infrastructure, clear height, and secured yard configuration provides a practical setup for a range of flex-space operations.
The property is located at 530 Birch St, Building 10, in Lake Elsinore, California. Its mix of office area, mezzanine space, loading infrastructure, clear height, and secured yard configuration provides a practical setup for a range of flex-space operations.
Key Highlights
- 1,980 SF of 1st Floor Office
- 1,840 SF Mezzanine
- 26' Clear Height
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$502,773
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,055,460
$10.1M
Cap Rate 7%
$7,182,471
$7.2M
Cap Rate 9%
$5,586,367
$5.6M
Market Conditions
NOI Build-Up for 32,000 SF
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.
Gross rent
$733.4K $22.92/SF
− Vacancy
−$63.1K −$1.97/SF
EGI
$670.4K $20.95/SF
− OpEx
−$167.6K −$5.24/SF
NOI
$502.8K $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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$10,055,460
Cap Rate 7%
$7,182,471
Cap Rate 9%
$5,586,367
Alternative Uses
Best Use
Office B
$7.18M
$6.28M – $8.38M
NOI $502,773 @ 7.0% cap · market cap 5.65%
Second Best
Warehouse
$4.56M
$3.99M – $5.32M
NOI $319,089 @ 7.0% cap · market cap 3.59%
Theoretical Best
Office A
$9.59M
$8.39M – $11.18M
NOI $671,066 @ 7.0% cap · market cap 7.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
26 ft
Clear height
3
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 - Combines first-floor office space, a mezzanine, grade-level and dock-high loading, and a fenced secured yard.
Where is this flex space located?
The property is located at 530 Birch St Bldg 10 Lake Elsinore, CA.
What is the asking price?
The asking price for this property is $8,896,000.
What are key features of this property?
This property features: 1,980 SF of 1st Floor Office; 1,840 SF Mezzanine; 26' Clear Height
