Property profile

16746 Lakeshore Dr Lake Elsinore, CA 92530

FOR LEASE
Strip malls
Property ID
US09-3229934
9,600 SF 1.01 ac lot Built 1982
Entity Owned 10-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 1982
Construction WOOD
Total area 9,600 SF
Lot 1.01 ac (43,995 SF)
Zoning code C1
APN 378-290-017
UPID US09-3229934

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
  • Insurance Agency
  • Hair Salon
  • Discount Store Clothing & Fashion Store
  • Real Estate Agency
  • Accounting Firm Tax Preparation

Location

16746 Lakeshore Dr Lake Elsinore, CA 92530
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
by Request
Comparable Approach Comparable
$842k
Blend (final) Blend
$1.07M

Owner & transaction history

since 2016
6 recorded transactions
2021
Price N/A
2016
Price N/A
2014
Price N/A
2006
$1.7M
2000
$700,000
1969
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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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