Property profile

16617 Grand Ave Lake Elsinore, CA 92530

OFF-MARKET
Commercial real estate
Property ID
US09-1729175
286 SF 0.08 ac lot Built 1965
Individually Owned 3-yr Hold Absentee Owner Free & Clear
Saved · see the list in your Dashboard

Property profile

Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1965
Construction TILT-UP CONCRETE
Total area 286 SF
Lot 0.08 ac (3,484 SF)
Zoning code C1
APN 381-281-003
UPID US09-1729175

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

16617 Grand Ave Lake Elsinore, CA 92530-1423
Lake Elsinore metro Census 46401 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2023
Last sale
$25,000
4 recorded transactions
2023
$25,000
2021
$10,000
2021
$20,000
1998
$9,500

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 16617 Grand Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message