Realmo Analytics

Get reports on 50M+ commercial properties in the US. Find and target property leads based on your business goal.

Financial
Distress signals
Property profile

31737 Riverside Dr B Lake Elsinore, CA 92530

FOR LEASE
Strip malls
Property ID
US09-0961803
6,000 SF 0.6 ac lot Built 1986
Last sale May 1999 · $815,000
Individually Owned Owner of record is an individual. 27-yr Hold Held for 27 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
Saved · see the list in your Dashboard
Market Trends Soon

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$4k
Tax billed · 2024
Assessed value$338k
Assessed land$154k
Assessed improvement$184k
Effective rate1.12%

Value estimate

· Oct 2026
$315k
$284k – $347k
CAP approach$1.17M
NOI build-up
Gross scheduled income$102k
Vacancy & credit loss−$5k
Operating expenses−$29k
NOI · 3,611,016.04% cap applied$68k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$861/SF
County average, outlier-cleaned · 156 recorded sales of this use type
Observed band · Q1–Q3$212 – $1,778
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3,611,016.04%
$68k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
R106
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Realty agency
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Realty agency13.6
Law Firm11.6
HVAC Service9.9

Location

31737 Riverside Dr, Unit B Lake Elsinore, CA 92530
County assessor Recorded deeds · 7 transfers 6 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
31725 Riverside, Lake Elsinore, CA 92530-7813 $1,700,000 Feb 2025 4,350 SF
16758 Lakeshore, Lake Elsinore, CA 92530-4911 $1,100,000 Jan 2025 5,880 SF
504 Spg, Lake Elsinore, CA 92530-3800 $1,500,000 Aug 2024 8,340 SF
31701 Riverside, Lake Elsinore, CA 92530-7800 $2,300,000 Aug 2022 12,760 SF
31681 Riverside, Lake Elsinore, CA 92530-7815 $2,300,000 Aug 2022 12,796 SF
17955 Collier, Lake Elsinore, CA 92530-2623 $1,200,000 Feb 2019 7,173 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again