1605 San Jacinto AveSan Jacinto, CA 92583

  • Retail properties
  • 16,480 SF
For Lease
$18/SF/YR View listing

Property Details for 1605 San Jacinto Ave

Year built
1999
Construction
TILT-UP CONCRETE
Lot size
1.75 AC
Property size (Sq ft)
16,480 SF
Property type
Retail properties
Property subtype
Retail space
APN
439-112-026
APU
439112026

Description

This exceptional retail property presents a significant investment opportunity in the thriving San Jacinto market. The 16,730 square foot free-standing building sits on a generous 1.75-acre corner pad, offering excellent visibility and accessibility. Its prime location on San Jacinto Avenue (Highway 79) places it strategically between the highly trafficked Highway 74 and Interstate 10 freeways, ensuring substantial exposure to a large customer base. The property benefits from its proximity to established anchor tenants such as Stater Bros. and Walmart, creating a synergistic retail environment. Previously occupied by a Rite Aid, the building offers a spacious layout suitable for a variety of retail uses, providing ample space for merchandising, storage, and customer service areas. The single-tenant occupancy allows for streamlined management and control. Located in Riverside County, California, with a San Jacinto address and zip code 92583, this property is ideally situated to capitalize on the area's robust economic growth and expanding population. The expansive lot size provides ample parking and potential for future expansion or development. This is a rare opportunity to acquire a well-positioned, high-visibility retail property in a desirable location. The property's size, location, and existing infrastructure make it an attractive option for both established businesses and new ventures seeking a strong foothold in the San Jacinto market.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $6,658,174
    6.5%
    $6,146,008
    7%
    $5,707,007
  • Comparable approach

    Method
    Valuation
    Relative Method
    $7,285,226
    Geo Method
    $14,617,173
  • Alternative Use

    Use
    Valuation
    Residential
    $5,184,387
    Hospitality
    $4,748,870
    Educational
    $3,951,005
    Medical
    $4,086,886
    Retail
    $6,146,008
1605 San Jacinto Ave, San Jacinto, California
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Location Insight

City
San Jacinto
County
Riverside
State
California
Latitude
33.7707
Longitude
-116.958
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$73,668
$1,044,524
$5,298,071
$6,342,595
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