Property profile

169 Main St Lake Elsinore, CA 92530

OFF-MARKET
Turn key restaurants
Property ID
US10-2662749
9,971 SF 0.45 ac lot Built 2016
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 2016
Construction WOOD
Total area 9,971 SF
Lot 0.45 ac (19,602 SF)
Zoning code C1
APN 374-173-014
UPID US10-2662749

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
  • Restaurant

Location

169 Main St Lake Elsinore, CA 92530-4005
Lake Elsinore metro Census 43006 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$510k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.11M
Blend (final) Blend
$810k

Owner & transaction history

since 2017
7 recorded transactions
2021
Price N/A
2017
Price N/A
2017
Price N/A
2016
Price N/A
2016
Price N/A
2016
$450,000
2007
$487,500

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
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