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    1318 Senator Way San Jacinto, CA 92583
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    1318 Senator Way San Jacinto, CA 92583

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    • Commercial real estate
    • 2.60 lot acres
    For Sale
    $39,900
    View Listing →
    Residential Lot with Architectural Plans For Sale
    $39,900
    3,049.00 Acres

    Residential Lot with Architectural Plans

    Corner lot with custom architectural plans included in San Jacinto.

    1318 Senator, San Jacinto, CA 92583
    View Listing
    Property ID
    US10-3102366
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Commercial real estate

    Property Details for 1318 Senator Way

    Lot size
    2.60 lot acres
    Property type
    Commercial real estate
    APN
    437-380-001 thru 006, 437-380-040 thru 054 and 437-380-076 thru 089

    Description

    This exceptional offering presents a unique opportunity to acquire 35 finished residential lots totaling 2.6 acres in San Jacinto, California. Located at 1318 Senator Way, 92583, this property boasts a recorded final map, simplifying the development process. The lots are situated within an age-restricted community built in the 1980s, providing an established neighborhood context. The property's APN is 437-380-001 thru 006, 437-380-040 thru 054, and 437-380-076 thru 089, and is zoned RMH (Residential Medium High Density). The City of San Jacinto has indicated that a similar development could be approved at a staff level, streamlining potential future projects. While detached construction would necessitate a Planned Unit Development (PUD) process involving public hearings, the existing infrastructure and recorded final map significantly reduce development hurdles. The convenient location offers proximity to retail amenities, enhancing the overall appeal and potential for rapid development or resale. This is an ideal investment for developers seeking a streamlined path to build in a well-established community. The property's size and existing infrastructure make it a highly attractive proposition for those seeking a profitable venture in the Southern California real estate market.

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    San Jacinto
    County
    Riverside
    State
    California
    Longitude
    -116.9517634
    Latitude
    33.7749011

    Comparable in this City

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      San Jacinto Duplex Investment Opportunity

      Remodeled duplex in prime San Jacinto location, great investment property.
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    • $55,000
      2,178.00 Acres

      Residential Lot in 55+ Community

      Vacant residential lot in a gated 55+ senior community.
      859 Acorn, San Jacinto, CA 92583
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      San Jacinto Development Parcel Opportunity

      1.33-acre development parcel with CUP in process.
      420 N Ramona Blvd, San Jacinto, CA 92583
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    Similar Nearby for Sale

    • $1,399,500

      Mixed-Use Retail and Apartment Building

      Downtown San Jacinto investment opportunity with retail and residential units.
      318 S Pico Ave, San Jacinto, CA 92583
      View Details
    • Contact for pricing

      San Jacinto Duplex Investment Opportunity

      Remodeled duplex in prime San Jacinto location, great investment property.
      563 W Main St, San Jacinto, CA 92583
      View Details
    • $55,000
      2,178.00 Acres

      Residential Lot in 55+ Community

      Vacant residential lot in a gated 55+ senior community.
      859 Acorn, San Jacinto, CA 92583
      View Details
    • Contact for pricing

      San Jacinto Development Parcel Opportunity

      1.33-acre development parcel with CUP in process.
      420 N Ramona Blvd, San Jacinto, CA 92583
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Planned Retail Center Space Available

      Retail spaces available in planned commercial center, 2,700-22,083 SF.
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      View Details
    • Contact for pricing

      Retail Pad in Anchored Center

      Retail pad available for ground lease or sale.
      1537 San Jacinto Ave, San Jacinto, CA 92583
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    • $0.06 SF/Yr

      San Jacinto Land for Lease

      10 to 48 acres available for lease in San Jacinto.
      Gilman Springs Rd, San Jacinto, CA 92583
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    • $8,700 /Mo
      5,800 SF

      San Jacinto Commercial Flex Space

      Flex space suitable for various business and service operations.
      121 N Dillon Ave, San Jacinto, CA 92583
      View Details
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      Retail Space in San Jacinto

      Retail property for lease, anchored by Stater Bros.
      1171-1291 North State St, San Jacinto, CA 92583
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    • $1.75 SF/Yr

      San Jacinto Office Leasing Opportunity

      Prime San Jacinto office space with modern amenities for lease.
      1695 S San Jacinto Ave, San Jacinto, CA 92583
      View Details
    View Listing
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    San Jacinto, CA 92583
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    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
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