Property profile

16331 Lakeshore Dr Lake Elsinore, CA 92530

OFF-MARKET
Strip malls
Property ID
US09-0931070
5,000 SF 0.56 ac lot Built 1986
Individually Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1986
Construction WOOD
Total area 5,000 SF
Lot 0.56 ac (24,393 SF)
Zoning code R106
APN 379-422-012
UPID US09-0931070

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
  • Cinema
  • Hair Salon
  • Atm
  • Courier Service Postal Service
  • Postal Service Courier Service

Location

16331 Lakeshore Dr Lake Elsinore, CA 92530-5041
Lake Elsinore metro Census 43005 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$970k
Comparable Approach Comparable
by Request
Blend (final) Blend
$280k

Owner & transaction history

since 2017
5 recorded transactions
2017
$610,500
2005
Price N/A
1997
$304,545
1996
$227,700
1988
$261,000

Zoning & alternative use

R106 · Lake Elsinore, CA

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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