Technical
Financial
Distress signals
Property profile

29270 Central Ave Lake Elsinore, CA 92532

OFF-MARKET
Retail space
Property ID
US09-3516842
7,381 SF 0.67 ac lot Built 2021
Entity Owned Absentee Owner Free & Clear
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Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2021
Construction TILT-UP CONCRETE
Total area 7,381 SF
Lot 0.67 ac (29,185 SF)
APN 377-090-057
UPID US09-3516842

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
  • Auto Parts Store

Location

29270 Central Ave Lake Elsinore, CA 92532-2232
Lake Elsinore metro Census 42750 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$1.63M
Comparable Approach Comparable
$2.14M
Blend (final) Blend
$2.13M

Owner & transaction history

Zoning & alternative use

Top alternative use upside
Office building $3.4M +20.1%
Auto repair, garage $3.2M +13.5%

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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