Property profile

31253 Riverside Dr Lake Elsinore, CA 92530

OFF-MARKET
Turn key restaurants
Property ID
US09-1902522
2,592 SF 0.11 ac lot Built 1973
Individually Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1973
Construction WOOD
Total area 2,592 SF
Lot 0.11 ac (4,791 SF)
Zoning code CP
APN 379-222-036
UPID US09-1902522

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
  • Restaurant

Location

31253 Riverside Dr Lake Elsinore, CA 92530-7803
Lake Elsinore metro Census 43005 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$285k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$285k

Owner & transaction history

since 2022
4 recorded transactions
2022
Price N/A
2019
Price N/A
1996
$316,500
1995
Price N/A

Zoning & alternative use

CP · Lake Elsinore, CA
Zoning description

tbacks. § 17.124.070 Building height. § 17.124.080 Landscape improvements. § 17.124.090 Lots of record. § 17.124.100 Parking. § 17.124.110 Signs. § 17.124.120 Design review. § 17.124.130 Design standards. Chapter 17.128…

General category COMMERCIAL

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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