38605 Calistoga Dr Murrieta, CA 92563
- Office buildings
- 2,130 SF
Current Use by Public Records
- Quality Family Dental / Dentist
- Quality Family Dental & Cosmetic / Dentist
- Dr. Mansour Shariati, DDS / Dentist
- Weston Smith / Physical Therapist
- Rancho Physical Therapy / Physical Therapist / Speech Pathologist
Property Details for 38605 Calistoga Dr
- Year built
- 2007
- Construction
- TILT-UP CONCRETE
- Property size
- 2,130 SF
- Zone code
- SP
- Property type
- Office buildings
- APN
- 957-351-011
- APU
- 957351011
Description
This exceptional 2,239 square foot ground-floor office condo in Murrieta, CA, presents a unique investment or owner-user opportunity. Located at 38605 Calistoga Drive, this meticulously maintained suite is situated within a professionally managed office park, offering convenient access to major freeways including the 215, 15, and Highway 79, and proximity to Murrieta Hot Springs Road. The unit features two private entrances, enhancing both privacy and accessibility. Inside, you'll find three private offices, each providing breathtaking views of the nearby bluffs and French Valley Airport. A well-appointed kitchenette, two private restrooms, and two storage closets cater to the needs of a busy professional environment. A spacious meeting/boardroom is perfect for client presentations or internal collaborations, while a welcoming reception area creates a positive first impression. Rear patio access offers a tranquil outdoor space. This property is ideally suited for owner-users seeking SBA financing (with a 10% down payment option) or investors targeting a high-performing asset with projected rental yields of 5.25% to 5.5% cap rate. The 0.05-acre lot provides ample space for this impressive office condo, situated in a pristine multi-tenant building. This is a truly remarkable opportunity not to be missed.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $600,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $510,000
- 6.5%
- $560,000
- 7%
- $580,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $450,000
- Geo Method
- $600,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $555,000
- Retail
- $640,000
- Mixed-Use
- $575,000
- Hospitality
- $475,000
- Educational
- $640,000
- Residential Income
- $505,000
- Energy
- $585,000
- Income-Based Land
- $460,000
- Food Service
- $625,000
Location Insight
- Map
- Local Demand
- City
- Murrieta
- County
- Riverside
- State
- California
- Longitude
- -117.128
- Latitude
- 33.5606
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
