Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    36363 36375 & 36387 & Elizabeth Ln Wildomar, CA 92595
    Back to Search
    Property profile & analytics

    36363 36375 & 36387 & Elizabeth Ln Wildomar, CA 92595

    View on Map
    • Retail properties & Spaces
    • 15,000 SF
    • 1.81 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Retail properties & Spaces

    Property Details for 36363 36375 & 36387 & Elizabeth Ln

    Lot size
    1.81 lot acres
    Property size
    15,000 SF
    Property type
    Retail properties & Spaces
    Property subtype
    Office properties & Spaces

    Description

    The Wildomar Commerce Center offers a diverse range of commercial real estate opportunities in Riverside County, California. This master-planned business park, situated at the southwest corner of Clinton Keith Road and Elizabeth Lane in Wildomar (zip code 92595), comprises a 23-acre site developed in two phases. Phase I features three buildings totaling approximately 259,260 square feet, each situated on its own legal parcel and divisible into smaller units. These buildings boast impressive specifications including 32-foot ceilings, ESFR sprinklers with K-25 heads, and ample power (2,000 AMP 277/480V service, expandable to 4,000 AMPS). Dock high doors range from 22 to 26, supplemented by several ground-level doors. Each building also includes a substantial secured truck court/yard and 5,000 square feet of office space. Phase I buildings offer various square footage options ranging from 64,008 to 99,940 square feet, divisible into smaller spaces. Phase II includes two commercial/retail lots totaling 1.81 and 1.9 net acres, respectively, capable of supporting freestanding buildings of 15,003 and 17,255 square feet. These lots feature flexible units ranging from 7,501 to 8,628 square feet, combinable for larger tenants. A significant amenity in Phase II is a 9,000 square foot courtyard. The entire development benefits from excellent access to the I-15 and 215 freeways, less than one mile from the Clinton Keith on/off ramp. A new traffic signal at Clinton Keith Road and Elizabeth Lane will further enhance traffic flow. The property offers a low coverage factor of 32%, minimizing traffic impact.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Wildomar
    County
    Riverside
    State
    California
    Longitude
    -117.23
    Latitude
    33.5977

    Comparable in this City

    • Value Estimation by Request
      291,905 SF

      36363 36375 & 36387 & Elizabeth Ln

      Medical Office Space • 291,905 SF
      36363 36375 & 36387 & Elizabeth Ln, Wildomar, CA 92595
      View Details
    • Value Estimation by Request
      30,000 SF

      36320 Inland Valley Dr

      Medical Office Space • 30,000 SF
      36320 Inland Valley Dr, Wildomar, CA 92595
      View Details
    • Value Estimation by Request

      36320 Inland Vly Dr Ste, Unit 301

      MEDICAL BUILDING
      36320 Inland Vly Dr Ste, Wildomar, CA 92595-7512
      View Details
    • Value Estimation
      $4,885,000
      31,884 SF

      36310 Inland Vly Dr Ste 201b

      MEDICAL BUILDING • 31,884 SF
      36310 Inland Vly Dr Ste 201b, Wildomar, CA 92595-7594
      View Details
    • Value Estimation by Request

      32246 Clinton Keith Rd Ste, Unit 101

      DENTAL BUILDING
      32246 Clinton Keith Rd Ste, Wildomar, CA 92595-7320
      View Details
    • Value Estimation by Request
      3.52 Acres

      36243 Inland Vly Dr Ste, Unit 280

      MEDICAL BUILDING • 3.52 Acres
      36243 Inland Vly Dr Ste, Wildomar, CA 92595-9598
      View Details

    Similar Nearby for Sale

    • $1,100,000

      Prime Commercial Land in Wildomar

      1.34-acre commercial parcel in high-growth area near I-15.
      21200 Lemon St, Wildomar, CA 92595
      View Details
    • Contact for pricing

      Freeway Frontage Industrial Property

      Industrial property with freeway frontage and income-producing tenants.
      23305 Peggy Ln, Wildomar, CA 92595
      View Details
    • Contact for pricing
      56,799 SF

      Medical Hub Strategic Location

      Located in the heart of the region’s medical hub.
      36450 Inland Valley Dr, Wildomar, CA 92595
      View Details
    • $2,250,000
      9,000 SF

      Wildomar Commercial Property with Freeway Frontage

      Commercial property for sale with freeway frontage and income potential.
      23305 Peggy Ln, Wildomar, CA 92595
      View Details
    • Contact for pricing
      95,702 SF

      Wildomar Commerce Center Land Parcel

      Freestanding building site in Wildomar Commerce Center.
      36375 Elizabeth Ln, Wildomar, CA 92595
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Wildomar Commercial Lease Opportunity

      Light industrial space in a high-traffic Wildomar location.
      33440 Mission Trl, Wildomar, CA 92595
      View Details
    • Contact for pricing

      Wildomar Retail Space Available

      Retail space available in Wildomar, California.
      24305-24335 Kevin Rd, Wildomar, CA 92595
      View Details
    • Contact for pricing

      Commercial Land for Ground Lease

      Commercial land available for ground lease.
      22241 Bundy Canyon Rd, Wildomar, CA 92595
      View Details
    • Contact for pricing

      High-Visibility Corner Retail Opportunity

      Land available for ground lease or build-to-suit in Wildomar.
      33625 Mission Trl, Wildomar, CA 92595
      View Details
    • Contact for pricing

      New Retail and Restaurant Building

      New multi-tenant retail and restaurant building coming soon.
      24046-24088 Clinton Keith Rd, Wildomar, CA 92595
      View Details
    • Contact for pricing

      Retail Space Near I-15 Freeway

      Retail property with high visibility and convenient freeway access.
      32100 Clinton Keith Rd, Wildomar, CA 92595
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    36363 36375 & 36387 & Elizabeth Ln
    Wildomar, CA 92595
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    36363 36375 & 36387 & Elizabeth Ln, Wildomar, CA, 92595
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!