1891 S San Jacinto Ave San Jacinto, CA 92583
- Strip malls
- 3,879 SF
- 0.37 lot acres
Current Use by Public Records
- Fred Loya Insurance / Auto Insurance Agency
Property Details for 1891 S San Jacinto Ave
- Year built
- 2008
- Construction
- WOOD
- Lot size
- 0.37 lot acres
- Property size
- 3,879 SF
- Zone code
- C1
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 439-120-056
- APU
- 439120056
Description
This ±3,916 square foot retail pad building, located at 1891 S San Jacinto Ave in San Jacinto, CA 92583, presents a unique owner-user opportunity. Situated as an outparcel to a Walmart Supercenter within the Mount San Jacinto Plaza shopping center, this property benefits from high traffic counts exceeding 25,000 vehicles per day. The building currently houses a 916 square foot tenant, Fred Loya Insurance, on a short-term lease, offering potential for supplemental income. The remaining space provides a blank canvas for an owner-user seeking approximately 4,000 square feet of space. This prime location boasts convenient access to major roadways, including California Route 79 and Route 74, connecting to San Diego and Orange Counties. The surrounding area is densely populated, with over 123,000 residents within a three-mile radius and more than 40,000 households in the immediate trade area. The property's proximity to San Jacinto High School, Mt. San Jacinto College, and the Soboba Casino Resort further enhances its appeal. The shopping center itself attracts nearly 270,000 visitors annually, generating over three million visits. This strong anchor tenant and diverse retail mix, including Walgreens, El Pollo Loco, and others, ensures high visibility and customer traffic. Recent construction of 7-Eleven, Sonic, and The Habit Burger Grill in the immediate vicinity further strengthens the area's retail landscape. The property is offered at $2,795,000 and is leased under a NNN agreement. This is an exceptional opportunity for a business owner to acquire their own asset and benefit from the tax advantages of real estate ownership.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $470,000
-
CAP approach
- CAP Return
- Estimation
- 6%
- $815,000
- 6.5%
- $750,000
- 7%
- $700,000
-
Comparable approach
- Method
- Estimation
- AI Estimate
- $333,000
Market price range: $150k - $412k
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Location Insight
- Map
- Local Demand
- City
- San Jacinto
- County
- Riverside
- State
- California
- Longitude
- -116.958
- Latitude
- 33.7671
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA