Property profile

29160 Goetz Rd Canyon Lake, CA 92587

OFF-MARKET
Manufacturing properties
Property ID
US09-3035809
5,980 SF 1.16 ac lot Built 1990
Entity Owned Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional Menifee, CA industrial property offers 8,100 square feet of versatile space situated on a one-acre lot. The property comprises two buildings, providing ample room for various business needs. The warehouse features four grade-level loading doors, ensuring efficient loading and unloading operations. High ceilings, measuring 20 feet, offer significant storage capacity and operational flexibility. The property also includes a substantial office area, ideal for administrative functions or separate tenant occupancy. A unique feature is a three-bedroom, two-bathroom house integrated within a portion of the building, offering potential for on-site management or additional income generation. The property is strategically located less than one mile from Canyon Lake, providing a desirable location for employees and clients. Its central position between the 15 and 215 freeways offers excellent access to major transportation arteries. Two separate driveways, enhanced by a nearby stoplight, facilitate easy ingress and egress. The property's design allows for either single-tenant occupancy or division into up to four separate rental units. A potential monthly rental income of approximately $12,000 is projected, making this a strong investment opportunity. The entire property is secured within a fenced yard.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1990
Construction WOOD
Total area 5,980 SF
Lot 1.16 ac (50,529 SF)
Zoning code CP
APN 351-071-001
UPID US09-3035809

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

29160 Goetz Rd Canyon Lake, CA 92587-9402
Canyon Lake metro Census 42732 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.35M
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.95M
Blend (final) Blend
$1.35M

Owner & transaction history

since 2025
Last sale
$1.5M
7 recorded transactions
2025
Price N/A
2025
$1.5M
2025
Price N/A
2024
Price N/A
2023
Price N/A
2023
$1.4M
2023
$1.4M

Zoning & alternative use

CP · Canyon Lake, CA
Top alternative use upside
Retail stores $2.0M +48.4%
Warehouse, storage $1.8M +32.5%

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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