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Property profile & analytics
OFF-MARKET Estimated value $710,000
Office buildings

29995 Technology Dr A100 Murrieta, CA 92563-2632

2,283 SF Built 2006
Individually Owned 5-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-1712184
Property summary
AI-generated overview

This exceptional 2,366 square foot executive office suite is located within the Summit at Silverhawk, a Class B, three-story building situated on a 1.03-acre lot in Murrieta, California. Built in 2005, the building offers a total of 45,262 square feet of retail and office space, currently featuring multiple tenants. This specific suite is fully improved and ideally suited for medical use, boasting a large waiting room, five exam rooms, one procedure room, a consultation office, a spacious nurse's station, a restroom, and a breakroom. Convenient elevator access is provided. The property is conveniently located near various amenities, offering excellent accessibility for both staff and clients. The building provides ample parking with a ratio of 4.2 spaces per 1,000 square feet. The suite is part of a larger complex with the APN 957-331-008 in Riverside County. The estimated Net, Net, Net (NNN) expense is $0.83 per square foot per month. This presents a unique opportunity to acquire a move-in ready, fully equipped office space in a desirable Murrieta location. The address is 29995 Technology Dr, Murrieta, CA 92563.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2006
Construction TILT-UP CONCRETE
Total area 2,283 SF
Zoning code SP
APN 957-331-001
UPID US09-1712184
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
  • Neighbors HVAC of East Murrieta HVAC Service General Contractor
  • Murrieta Counseling Center Physician Medical Clinic
  • Ronald D. Morgan, EDD Physician Medical Clinic
  • CECILIA M. MATHEWS Marriage Or Relationship Counselor
  • Jamila Zuwayed Marriage and Family Therapist Marriage Or Relationship Counselor
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$700k
CAP Approach CAP
$505k
Comparable Approach Comparable
$898k
Blend (final) Blend
$710k
Owner & transaction history
Leon Lin Aung Yan · 5 yrs held
Leon Lin Aung Yan
since 2021
Last sale
$740,000
5 recorded transactions
2021
$740,000
2021
Price N/A
2013
$210,000
2006
Price N/A
1969
Price N/A
Zoning & alternative use
SP · Murrieta, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Auto repair, garage $985,000 +33.7%
Medical building $915,000 +24.1%
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