25285 Madison AveMurrieta, CA 92562

Property Details for 25285 Madison Ave

Year built

1999

Construction

WOOD

Lot size

1.43 AC

Property size (Sq ft)

19,187 SF

Property type

Retail properties

Property subtype

Retail space

APN

949-670-004

APU

949670004

Description

Madison Springs Plaza, located at 25285 Madison Avenue in Murrieta, California, 92562, presents a unique leasing opportunity. This 19,562 square foot building, constructed in 2005, sits on a 1.43-acre lot and is categorized as both retail and office space. Currently, there is one suite available, totaling 2,100 square feet, ideal for a variety of medical office uses. The property's diverse zoning allows for flexibility, encompassing medical offices, real estate, recruiting centers, fitness facilities, learning centers, and hair or nail salons. The building's single suite configuration offers a cohesive and potentially customizable space. Situated in Riverside County, this property benefits from its convenient location in Murrieta, California. The building's 2005 construction suggests relatively modern amenities and infrastructure. Interested parties are encouraged to inquire about the available 2,100 square foot space and explore the possibilities for establishing a thriving business within this versatile commercial property. The property's multiple tenancy designation indicates a potential for shared space or future expansion. This is a prime opportunity for a medical office seeking a well-located, adaptable space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $7,751,844

  6.5%

  $7,155,548

  7%

  $6,644,438

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,481,895

  Geo Method

  $17,018,186

• Alternative Use

  Use

  Valuation

  Residential

  $6,035,973

  Hospitality

  $5,528,919

  Educational

  $4,599,996

  Medical

  $4,758,196

  Retail

  $7,155,548

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.5532

Longitude

-117.197

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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