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Property profile & analytics
OFF-MARKET
Estimated value
$760,000
Office buildings
2505 Lakeshore Dr Lake Elsinore, CA 92530-4446
Individually Owned
2-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-1010930
Property profile
Verified
Property type
Office buildings
Use group
OFFICE BUILDING
Year built
1981
Construction
WOOD
Total area
2,683 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C1
APN
373-210-019
UPID
US09-1010930
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
CENTURY 21 Preferred Real Estate Agency
-
Eva Perez, Century 21 Preferred Real Estate Agency
-
CENTURY 21 Affiliated Real Estate Agency
-
Premier Real Estate Real Estate Agency
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$755k
CAP Approach
CAP
$690k
Comparable Approach
Comparable
$495k
Blend (final)
Blend
$760k
Owner & transaction history
Community Access Network Non Profit · 2 yrs held
Community Access Network Non Profit
since 2023
Last sale
$950,000
7 recorded transactions
Zoning & alternative use
C1 · Lake Elsinore, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Elsinore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Elsinore submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$715,000
ML approach
$755,000
CAP Approach
CAP Return
Estimation
6%
$750,000
6.5%
$690,000
7%
$640,000
Alternative Use
Use
Estimation
OFFICE BUILDING
$1,225,000
Current use
AUTO REPAIR, GARAGE
$1,160,000
Change: -5% · Conversion: Difficult
Blend value · Realmo final
$760k
Range $684k – $836k · ±10% · vs last sale $950k (Aug 14 2023)
Last sale anchor
$950k
Aug 14 2023
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$283 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$9,941
Tax year 2024
Assessed value
$950,000
Assessed 2024
Previous assessed
$950,000
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$285,000
Assessed improvement
$665,000
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Office buildings
Use group
OFFICE BUILDING
Status
Off-Market
Year built
1981
Construction
WOOD
Heating
CENTRAL
Cooling
CENTRAL
Stories
1
Units
2
Total area
2,683 SF
Lot
0.37 ac (16,117 SF)
Zoning code
C1
APN
373-210-019
UPID
US09-1010930
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Lake Elsinore, CA
Zoning C1 · permitted uses
C1 · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Elsinore. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
OFFICE BUILDING Current
Est. value
$1.2M
AUTO REPAIR, GARAGE
Est. value
$1.2M
OFFICE BUILDING Current
AUTO REPAIR, GARAGE
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1981
Construction
WOOD
Heating
CENTRAL
Cooling
Yes
Stories
1
Units
2
Lot
0.37 ac
Current owner
From public records · entity-resolved
Community Access Network Non Profit
Individual
Mailing address
2275 S MAIN ST STE #201, CORONA, CA 92882-5303
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2023
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
12 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 14, 2023
$950,000
Community Access Network Non Profit
Umc Lake Elsinore LLC
Grant Deed
—
Feb 19, 2020
—
Umc Lake Elsinore LLC
—
Deed
related
$675,000 · San Diego County Cu
Jan 30, 2020
—
Umc Lake Elsinore LLC
C21elsiniore LLC
Grant Deed
—
Sep 12, 2017
—
C21elsinore LLC
—
Deed
related
$240,000 · Pacific West Certified Dev Cor
Jul 17, 2017
$565,000
C21elsinore LLC
Mark A Williams
Grant Deed
$290,500 · Capital Bank
Jul 17, 2017
—
C21elsinore LLC
—
Deed
related
$232,400 · Capital Bank
Jun 12, 2014
—
Williams Living Trust
Williams,gail U
Quit Claim Deed
related
—
Mar 7, 2013
—
Gail U Williams
May,gloria G
Quit Claim Deed
related
—
Apr 19, 1999
—
Gloria G Etal May
May,gloria G
Quit Claim Deed
related
—
May 29, 1998
$190,000
Gloria G May
World Savings Bank
Grant Deed
$95,000 · Bank Of America Community Dev
—
—
Gloria G May
—
Deed Of Trust
related
$79,000 · Cdc Small Business Finance Co
—
—
C21elsinore LLC
—
Deed Of Trust
related
$240,000 · Pacific West Certified Dev Cor
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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