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    25186 Hancock Ave Murrieta, CA 92562-5962

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    25186 Hancock Ave Murrieta, CA 92562-5962


    • Office buildings
    • 15,127 SF
    • 1.02 lot acres
    Off-Market
    Last Sale Jan 31, 2024
    $3,739,500
    Property ID
    US09-1681432
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    $3,740,000
    Show details
    Cap Rate Potential
    5.8%
    Office buildings
    Location Intelligence

    Current Use by Public Records

    • Dr Karmin Nissan / Physician
    • Southwest Financial / Financial Advisor
    • The Infinite Soul Hypnotherapy and Spiritual Healing LLC / Alternative Medicine Practice
    • Murrieta Valley Pain Specialists / Physician
    • Chelsie Borden / Counselor

    Property Details for 25186 Hancock Ave

    Year built
    2007
    Construction
    WOOD
    Lot size
    1.02 lot acres
    Property size
    15,127 SF
    Zone code
    CC
    Property type
    Office buildings
    APN
    948-510-023
    APU
    948510023

    Description

    This exceptional 1,580 square foot medical office suite is located in the prestigious Southwest Tower on Murrieta's "Medical Row," adjacent to Rady Children's Murrieta Medical Plaza and near Southwest Healthcare Rancho Springs Hospital. The suite is part of a larger multi-tenant building offering 13,722 total square feet, with individual suites ranging from approximately 733 to 2,129 square feet, allowing for potential expansion up to 1,580 contiguous square feet. The building features a grand lobby, elevator service, ample common area restrooms, and overflow parking. The modern design includes expansive windows providing abundant natural light. Its convenient location offers easy access via Interstates 215 and 15, and the nearby Meadowridge Park provides a tranquil setting. This meticulously maintained building presents a high-profile image and a vibrant, thriving medical community atmosphere. The property is ideal for medical professionals seeking a well-appointed and strategically located office space. This is a rare opportunity to establish or expand your practice in a highly desirable medical corridor. The minimum divisible space is 1,580 square feet.


    Value Estimations

    based on Realmo’s proprietary methodology
    • AI approach

      Method
      Estimation
      Statistic approach
      $3,740,000
      ML approach
      $3,740,000
    • CAP approach

      CAP Return
      Estimation
      6%
      $3,620,000
      6.5%
      $3,345,000
      7%
      $3,105,000
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $3,891,000
      Market price range: $3.89M - $7.45M
      AI Estimate
      $2,261,000
      Market price range: $2.09M - $4.60M
    • Alternative Use

      Use
      Estimation
      OFFICE BUILDING
      $5,200,000
      Current use
      MEDICAL BUILDING
      $6,060,000
      Change: +17% Conversion: Easy
      WAREHOUSE, STORAGE
      $4,470,000
      Change: -14% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.182
    Latitude
    33.564
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $32,647
    $557,758
    $2,353,742
    $2,911,500
    -
    $0.00
    $0.00
    $0.00
    More about this property
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