Property profile

31681 Riverside Dr Lake Elsinore, CA 92530

OFF-MARKET
Strip malls
Property ID
US10-3285209
12,796 SF 0.93 ac lot Built 1986
Entity Owned 4-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 1986
Construction WOOD
Total area 12,796 SF
Lot 0.93 ac (40,510 SF)
Zoning code C2
APN 379-381-053
UPID US10-3285209

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
  • Physician
  • Crisis Center Medical Clinic
  • Physician
  • (Bike/Boat/Book/etc) Store Photography Service
  • Business Service Center Corporate Office

Location

31681 Riverside Dr Lake Elsinore, CA 92530-7815
Lake Elsinore metro Census 43003 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.63M
CAP Approach CAP
$2.48M
Comparable Approach Comparable
by Request
Blend (final) Blend
$2.72M

Owner & transaction history

since 2022
Last sale
$2.3M
7 recorded transactions
2022
$2.3M
2013
$1.7M
2013
$1.7M
2011
Price N/A
2007
$1.9M
2004
$550,000
2004
Price N/A

Zoning & alternative use

C2 · Lake Elsinore, CA
Zoning description

ite criteria. § 17.120.050 Setbacks. § 17.120.060 Building height. § 17.120.070 Landscape improvements. § 17.120.080 Parking. § 17.120.090 Signs. § 17.120.100 Design review. § 17.120.110 Design standards. Chapter 17.124…

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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