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    31796 Casino Dr Lake Elsinore, CA 92530

    Sponsored
    For Lease
    $14 SF/Yr ($1,365 /Mo)

    1,157 SF Retail Space - High Visibility

    Lot size:
    1,157 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 1,157-square-foot retail space is ideally situated at 31796 Casino Drive, Unit M, in Riverside County. The single-tenant property offers excellent visibility from Casino Drive and boasts strong demographics and traffic counts, making it an attractive opportunity for a variety of businesses. The asking rate is $1.18 per square foot. The property's convenient location provides easy access to Diamond Drive and Interstate 15, ensuring high traffic flow and accessibility for customers. This location offers significant advantages for businesses seeking high visibility and convenient access to major transportation arteries. The property is classified as both retail and land, presenting a unique opportunity for a business seeking a prominent location with potential for expansion or development. The single-suite layout provides a streamlined and efficient space, ideal for a variety of retail or office uses. The property's prominent location on Casino Drive ensures maximum exposure to potential customers, while its proximity to I-15 guarantees easy access for both employees and customers. This is a rare opportunity to secure a high-visibility retail space in a thriving area with excellent transportation links. The property's size and location make it suitable for a range of businesses seeking a strong presence in a high-traffic area. Serious inquiries are encouraged.

    Property Features for 31796 Casino Dr

    General Information

    Property type
    Land
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    1,157 SF
    Total Rate
    1365.26

    Unit(s) available at that property

    Space
    Size
    1,157 SF
    Rate per SF
    $14

    HighLights

    • 1,157 square foot retail space available for lease.
    • Single‑tenant occupancy.
    • Located at 31796 Casino Drive, Unit M, Riverside County.
    • Asking rent: $1.18 per square foot.
    • High visibility from Casino Drive and I‑15.
    • Excellent demographics and traffic counts.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farmers Insurance Insurance Agency Indigenous Ink Tattoo Shop CBD Connect Vitamin & Supplements Store D&R Electronix Cell ... Electronics Repair Shop Mountainview Pet Boutique Pet Groomer

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lake Elsinore
    County
    Riverside
    State
    California
    Longitude
    -117.2945459
    Latitude
    33.6568221

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    FAQs

    What type of property is this?
    Land - 1,157 SF Retail Space - High Visibility
    Where is this land located?
    The property is located at 31796 Casino Dr Lake Elsinore, CA.
    What is the lease rate?
    The lease rate is $14 SF/Yr.
    What are key features of this property?
    This property features: 1,157 square foot retail space available for lease.; Single-tenant occupancy.; Located at 31796 Casino Drive, Unit M, Riverside County.
    Request Owner's contact information
    31796 Casino Dr Lake Elsinore, CA 92530
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    Lake Elsinore, CA 92530
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    31796 Casino Dr Lake Elsinore, CA 92530
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