Property profile

29280 Central Ave Lake Elsinore, CA 92532

OFF-MARKET
Strip malls
Property ID
US09-0515551
11,935 SF 1.37 ac lot Built 1988
Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Strip malls
Use group SHOPPING CENTER, STRIP CENTER
Year built 1988
Construction WOOD
Total area 11,935 SF
Lot 1.37 ac (59,677 SF)
Zoning code R106
APN 377-030-056
UPID US09-0515551

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
  • Carpet Cleaning Service Fire Damage Restoration Service
  • Computer & Electronic Repair Tech Support Center
  • Nail Salon
  • Restaurant
  • Hair Salon Nail Salon

Location

29280 Central Ave Lake Elsinore, CA 92532-2219
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
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.10M

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2007
Price N/A
2001
$1.0M
2001
Price N/A
2000
$181,000
1989
$580,500
1989
Price N/A

Zoning & alternative use

R106 · Lake Elsinore, CA

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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