Property profile

1045 Calimesa Blvd Calimesa, CA 92320

OFF-MARKET
Specialty properties
4,900 SF
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Property summary

AI-generated overview

This exceptional investment opportunity presents a portfolio of three buildings totaling 4,900 square feet situated on a prominent 27,007 square foot corner lot at Calimesa Boulevard and Avenue L in Calimesa, California (zip code 92320). The property consists of four separate commercial units currently occupied by a drive-thru dairy, a dart shop, a health food store, and a shutter store. The property features three separate parcels, two water meters, and two electrical meters, offering flexibility for future development or continued multi-tenant operation. This prime location benefits from high visibility and traffic counts, situated near major retailers including Bank of America, Tractor Supply, Starbucks, McDonald's, and Carl's Jr. The property's proximity to the 10 Freeway ensures convenient access for customers and employees. The area is experiencing significant growth, making this an attractive investment for both seasoned investors and developers. The property is zoned DVC Downtown Village Commercial and is offered as a 1031 exchange opportunity. The asking price is $1,175,000. This is a rare chance to acquire a well-established, multi-tenant commercial property in a thriving California market. The APN numbers are 411120036, 411120008, and 411120035. The lease type is NNN.

Property profile

Verified
Property type Specialty properties
Total area 4,900 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store

Location

1045 Calimesa Blvd Calimesa, CA 92320
Calimesa metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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