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Property profile & analytics
OFF-MARKET
Estimated value
$555,000
Strip malls
31944 Msn Trl Lake Elsinore, CA 92530-4539
Entity Owned
10-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US09-2723075
Property profile
Verified
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Year built
1976
Construction
TILT-UP CONCRETE
Total area
4,000 SF
Lot
0.96 ac (41,817 SF)
Zoning code
C1
APN
363-172-010
UPID
US09-2723075
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$520k
CAP Approach
CAP
$775k
Comparable Approach
Comparable
$370k
Blend (final)
Blend
$555k
Owner & transaction history
Mission Trail Investment LLC · 10 yrs held
Mission Trail Investment LLC
since 2015
6 recorded transactions
Zoning & alternative use
C1 · Lake Elsinore, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Lake Elsinore submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Lake Elsinore submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$520,000
CAP Approach
CAP Return
Estimation
6%
$840,000
6.5%
$775,000
7%
$720,000
Blend value · Realmo final
$555k
Range $500k – $611k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$139 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,067
Tax year 2024
Assessed value
$2,396,605
Assessed 2024
Previous assessed
$2,396,605
+0.0% YoY
Effective rate
1.05%
On assessed value
Assessed land
$580,291
Assessed improvement
$1,816,314
Applied tax rate
5.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Strip malls
Use group
SHOPPING CENTER, STRIP CENTER
Status
Off-Market
Year built
1976
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Buildings
2
Stories
1
Units
2
Total area
4,000 SF
Lot
0.96 ac (41,817 SF)
Zoning code
C1
APN
363-172-010
UPID
US09-2723075
Jurisdiction
RIVERSIDE
Zoning & alternative use
C1 · Lake Elsinore, CA
Zoning C1 · permitted uses
C1 · Lake Elsinore, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Lake Elsinore. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1976
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
1
Buildings
2
Units
2
Lot
0.96 ac
Current owner
From public records · entity-resolved
Mission Trail Investment LLC
Entity
Mailing address
751 S 1175TH S HIDDEN CYN RD RD STE #157, ANAHEIM HILLS, CA 92807
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2015
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
6 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
May 21, 2021
—
Mission Trail Investment LLC
—
Deed
related
$7,000,000 · California Coast Cu
Oct 1, 2015
$6,840,000
Mission Trail Investment LLC
Miramar West-spe Holdings LLC
Grant Deed
$7,200,000 · * Other Institutional Lenders
Jan 17, 2014
—
Miramar West-spe Holdings LLC
Miramar West LLC
Quit Claim Deed
related
—
Apr 19, 2013
—
Miramar West LLC
Miramar West Auto Center LLC
Quit Claim Deed
related
$6,825,000 · Torrey Pines Bank
Jan 17, 2006
—
Miramar West Auto Center LLC
Shamrock Investments LLC
Grant Deed
—
Oct 27, 2005
—
Salameh George & Suzanne Trust
Mission Trail Plaza LLC
Quit Claim Deed
related
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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