Property profile

141 Main St Lake Elsinore, CA 92530

OFF-MARKET
Medical Office Space
Property ID
US09-3542617
3,633 SF 0.08 ac lot Built 1920
Individually Owned 15-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Medical Office Space
Use group MEDICAL BUILDING
Year built 1920
Construction TILT-UP CONCRETE
Total area 3,633 SF
Lot 0.08 ac (3,484 SF)
Zoning code C1
APN 374-174-001
UPID US09-3542617

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
  • Dental Office
  • Physician
  • Medical Clinic
  • Physician
  • Physician

Location

141 Main St Lake Elsinore, CA 92530-4118
Lake Elsinore metro Census 43006 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$570k
Comparable Approach Comparable
$483k
Blend (final) Blend
$200k

Owner & transaction history

since 2011
7 recorded transactions
2011
$270,000
2011
Price N/A
2009
$220,000
2008
Price N/A
2006
$775,000
2004
Price N/A
2003
Price N/A

Zoning & alternative use

C1 · Lake Elsinore, CA
Zoning description

or conversion of residential structures to commercial/office uses. § 17.116.080 Landscape improvements. § 17.116.090 Parking. § 17.116.100 Signs. § 17.116.110 Design review. § 17.116.120 Design standards. Chapter 17.120…

General category COMMERCIAL

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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