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    Property profile & analytics

    1171-1291 State St San Jacinto, CA 92583

    • Community centers
    • 93,051 SF
    • 0.78 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Community centers

    Property Details for 1171-1291 State St

    Lot size
    0.78 lot acres
    Property size
    93,051 SF
    Property type
    Community centers
    Property subtype
    Retail properties

    Description

    This exceptional retail property, located at 1171-1291 N. State St in San Jacinto, CA (zip code 92583), offers a unique investment opportunity. The Village at San Jacinto boasts a total of 93,051 square feet of retail space, situated on a substantial 13.35-acre lot (APN: 433-270-041, 044 & 047). Currently, there are three available spaces ranging from a minimum of 1,250 square feet to a maximum contiguous space of 2,000 square feet, totaling 3,250 square feet of vacant space. The property is classified as a multi-tenant retail center with a community, ground lease, or built-to-suit subtype. This prime location in Riverside County offers excellent visibility and accessibility, making it ideal for a variety of retail businesses. The property's size and flexibility provide ample opportunity for expansion or customization to suit individual tenant needs. The 0.782 acres of land currently improved provide a solid foundation for immediate occupancy. This is a rare opportunity to secure retail space in a thriving San Jacinto location. Serious inquiries are encouraged to explore this promising investment.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -116.97
    Latitude
    33.8023

    Comparable in this City

    • Value Estimation by Request
      65,562 SF

      Ramona Expy & State St

      Lifestyle centers • 65,562 SF
      0 Ramona Expy & State St, San Jacinto, CA 92583
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    • Value Estimation by Request
      36,000 SF

      San Jacinto Ave & Commonwealth Ave

      Retail properties • 36,000 SF
      0 San Jacinto Ave & Commonwealth Ave, San Jacinto, CA 92583
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    • Value Estimation
      $34,580,000
      193,123 SF

      1861 San Jacinto Ave

      DEPARTMENT STORE • 193,123 SF
      1861 San Jacinto Ave, San Jacinto, CA 92583-5605
      View Details
    • Value Estimation by Request
      15,608 SF

      Nwc Of Cottonwood Ave & Sanderson Ave

      Individual retail properties • 15,608 SF
      0 Nwc Of Cottonwood Ave & Sanderson Ave, San Jacinto, CA 92583
      View Details
    • Value Estimation by Request
      3,250 SF

      1191-1291 State St

      Retail properties • 3,250 SF
      1191-1291 State St, San Jacinto, CA 92583
      View Details
    • Value Estimation
      $3,060,000
      17,500 SF

      480 State St

      SHOPPING CENTER, STRIP CENTER • 17,500 SF
      480 State St, San Jacinto, CA 92583-6511
      View Details

    Similar Nearby for Sale

    • $1,195,000
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      163 Ramona Blvd

      Individual retail properties • 2,900 SF
      163 Ramona Blvd, San Jacinto, CA 92583
      View Details
    • Contact for pricing
      1 SF

      Retail Pad in Anchored Center

      Retail pad available for ground lease or sale.
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    • Contact for pricing

      Stater Bros Anchored Retail Pad

      Retail pad for ground lease or sale in San Jacinto.
      1537 San Jacinto Ave, San Jacinto, CA 92583
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    • $350,000
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      San Jacinto Commercial Opportunity

      Versatile commercial property in San Jacinto with M1 zoning.
      690 W Esplanade Ave, San Jacinto, CA 92583
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    • $299,000

      San Jacinto Gas Station Opportunity

      Non-operational gas station with redevelopment potential on a main street.
      2469 S San Jacinto Ave, San Jacinto, CA 92583
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    • $490,000

      San Jacinto Mixed-Use Building

      Versatile building with office, retail, and warehouse space.
      142 E Main St, San Jacinto, CA 92583
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    Similar Nearby for Lease

    • Contact for pricing
      65,562 SF

      San Jacinto Retail Center Investment

      Prime San Jacinto retail space available.
      0 Ramona Expy & State St, San Jacinto, CA 92583
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    • Contact for pricing
      3,250 SF

      San Jacinto Retail Space Available

      Prime Retail, 3 Spaces, 1250-2000 SF
      1191-1291 State St, San Jacinto, CA 92583
      View Details
    • Contact for pricing
      93,051 SF

      Retail Space in San Jacinto

      Retail property for lease, anchored by Stater Bros.
      1171-1291 North State St, San Jacinto, CA 92583
      View Details
    • $18 SF/Yr
      16,730 SF

      San Jacinto Retail Corner Pad

      16,730 SF Free-Standing Building, 1.75 Acres
      1605 San Jacinto Ave, San Jacinto, CA 92583
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    • Contact for pricing
      15,608 SF

      San Jacinto Executive Office Suites

      Prime Office Space Available, Riverside County
      0 Nwc Of Cottonwood Ave & Sanderson Ave, San Jacinto, CA 92583
      View Details
    • $3 SF/Yr
      7,758 SF

      Retail Pad Building Near Walmart

      Two-tenant retail building with high visibility and traffic.
      1891 S San Jacinto Ave, San Jacinto, CA 92583
      View Details
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    San Jacinto, CA 92583
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    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
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