Technical
Financial
Distress signals
Property profile

31900 Mission Trl Lake Elsinore, CA 92530

FOR LEASE
Office buildings
Property ID
US10-2848562
19,157 SF 0.58 ac lot Built 1986
Entity Owned 3-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Heritage Plaza, located at 31900 Mission Trail in Lake Elsinore, CA 92530, offers a prime opportunity for businesses seeking executive office space. This Class B property, built in 1989, comprises 18,777 square feet across two stories, situated on a 0.58-acre lot (APN 363-172-006, Riverside County). The building is currently configured as a multi-tenant property with a variety of suite sizes available. One immediately available upgraded suite offers approximately 3,882 square feet. The minimum divisible space is 515 square feet, while the maximum contiguous space available is 1,405 square feet. This versatile property is ideal for a range of businesses, from small startups to established companies needing flexible office solutions. Its location in Lake Elsinore provides convenient access to major transportation routes and amenities. The property type is listed as Retail and Office, with a subtype of Executive Office and Strip Center. Interested parties should inquire about current availability and lease terms. This is a fantastic opportunity to secure high-quality office space in a desirable location. The property's features and layout make it an attractive option for businesses seeking a professional and efficient workspace.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 1986
Construction WOOD
Total area 19,157 SF
Lot 0.58 ac (25,264 SF)
Zoning code C1
APN 363-172-006
UPID US10-2848562

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
  • Agricultural Supply Food Market
  • Training Center Vocational School
  • Film Production Television Studio
  • Medical Clinic Skin Care Clinic
  • Training Center Vocational School

Location

31900 Mission Trl Lake Elsinore, CA 92530
Lake Elsinore metro Census 46404 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$2.37M
CAP Approach CAP
by Request
Comparable Approach Comparable
$2.87M
Blend (final) Blend
$2.12M

Owner & transaction history

since 2022
Last sale
$3.0M
7 recorded transactions
2022
$3.0M
2018
Price N/A
2007
$3.9M
2007
$130,000
2007
Price N/A
2000
$1.2M
1997
$730,000

Zoning & alternative use

C1 · Lake Elsinore, CA
Zoning description

or conversion of residential structures to commercial/office uses. § 17.116.080 Landscape improvements. § 17.116.090 Parking. § 17.116.100 Signs. § 17.116.110 Design review. § 17.116.120 Design standards. Chapter 17.120…

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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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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