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    Property profile & analytics

    31861 Msn Trl Lake Elsinore, CA 92530-4521

    • Strip malls
    • 5,450 SF
    • 0.51 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US09-1852425
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Mike's Vacuum Express / Vacuum Cleaner Repair Shop / Vacuum Cleaning System Supplier
    • Mike's Hobby / Hobby Store

    Property Details for 31861 Msn Trl

    Year built
    1980
    Construction
    WOOD
    Lot size
    0.51 lot acres
    Property size
    5,450 SF
    Zone code
    C1
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    363-162-042
    APU
    363162042

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $295,000

    • CAP approach

      CAP return
      Estimation
      6%
      $220,000
      6.5%
      $230,000
      7%
      $235,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $255,000
      Geo Method
      $250,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $265,000
      Retail
      $235,000
      Mixed-Use
      $270,000
      Hospitality
      $270,000
      Educational
      $265,000
      Residential Income
      $240,000
      Energy
      $235,000
      Income-Based Land
      $260,000
      Food Service
      $205,000

    Location Insight

    • Map
    • Local Demand
    City
    Lake Elsinore
    County
    Riverside
    State
    California
    Longitude
    -117.299
    Latitude
    33.6579
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $4,749
    $180,268
    $258,626
    $438,894
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      22,260 SF

      Lake

      SHOPPING CENTER, STRIP CENTER • 22,260 SF
      Lake, Elsinore, CA 92530
      View Details
    • Value Estimation by Request
      2,544 SF

      15987 Grand Ave

      SHOPPING CENTER, STRIP CENTER • 2,544 SF
      15987 Grand Ave, Lake Elsinore, CA 92530-5638
      View Details
    • Value Estimation
      $370,000
      4,200 SF

      31733 Riverside Dr

      SHOPPING CENTER, STRIP CENTER • 4,200 SF
      31733 Riverside Dr, Lake Elsinore, CA 92530-7813
      View Details
    • Value Estimation
      $325,000
      6,752 SF

      31897 Msn Trl

      SHOPPING CENTER, STRIP CENTER • 6,752 SF
      31897 Msn Trl, Lake Elsinore, CA 92530-4583
      View Details
    • Value Estimation
      $1,720,000
      13,000 SF

      31739 Riverside Dr

      SHOPPING CENTER, STRIP CENTER • 13,000 SF
      31739 Riverside Dr, Lake Elsinore, CA 92530-7818
      View Details
    • Value Estimation by Request
      4,350 SF

      31725 Riverside Dr

      SHOPPING CENTER, STRIP CENTER • 4,350 SF
      31725 Riverside Dr, Lake Elsinore, CA 92530-7813
      View Details

    Similar Nearby for Sale

    • Contact for pricing
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      Lakeland Village Commercial Retail Space

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    Similar Nearby for Lease

    • Contact for pricing
      108,358 SF

      Retail Space in Neighborhood Center

      Retail spaces available for lease in a neighborhood center.
      29996-29997 Railroad Canyon Rd, Lake Elsinore, CA 92530
      View Details
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      Lake Elsinore Retail Center

      Prime Retail Space Available Now
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      View Details
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      Heritage Plaza Executive Suites

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    • $2.00 SF/Yr
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      Anchored Retail Center For Lease

      Neighborhood shopping center anchored by Cardenas Market.
      31928-31960 Mission Trl, Lake Elsinore, CA 92530
      View Details
    • $1.50 SF/Yr
      45,925 SF

      Retail and Restaurant Space Available

      In-line retail and restaurant space for rent on Casino Drive.
      31712-31724 Casino Dr, Lake Elsinore, CA 92530
      View Details
    • $21 SF/Yr
      14,179 SF

      Lakeland Village Plaza Retail Space

      Lake Elsinore retail endcap, ±3,360 SF.
      17139 Grand Ave, Lake Elsinore, CA 92530
      View Details
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    Lake Elsinore, CA 92530-4521
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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