Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    41680 Ivy St, Unit K12 Murrieta, CA 92562-9434

    • Office buildings
    • 1,626 SF
    OFF-MARKET
    Last Sale
    Nov 25, 2024
    Value Estimations
    $315,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3063368
    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

    • Dr. Juan Angulo D.D.S. / Dentist
    • Spilatro Michael A DDS / Dentist
    • Angulo Yolanda / Dentist
    • Ivy Springs Medical Care / Medical Clinic / Family Practice Physician
    • Patel Prakashchan MD / Psychiatrist

    Property Details for 41680 Ivy St

    Year built
    2008
    Construction
    WOOD
    Property size
    1,626 SF
    Property type
    Office buildings
    APN
    909-025-012
    APU
    909025012

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $220,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $390,000
      6.5%
      $360,000
      7%
      $335,000

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $338,000
      Market price range: $224k - $495k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.206
    Latitude
    33.5536
    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
    $4,980
    $106,120
    $328,974
    $435,094
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $300,000
      47.43 Acres

      Murrieta, CA 92562

      OFFICE BUILDING • 47.43 Acres
      Murrieta, CA 92562
      View Details
    • Value Estimation by Request

      25186 Hancock Ave Ste, Unit 100

      OFFICE BUILDING
      25186 Hancock Ave Ste, Murrieta, CA 92562-5998
      View Details
    • Value Estimation by Request

      25030 Hancock Ave Ste, Unit 109

      OFFICE BUILDING
      25030 Hancock Ave Ste, Murrieta, CA 92562-5940
      View Details
    • Value Estimation by Request

      41880 Kalmia St Ste, Unit 145

      OFFICE BUILDING
      41880 Kalmia St Ste, Murrieta, CA 92562-8837
      View Details
    • Value Estimation
      $910,000
      18,380 SF

      41760 Ivy St

      OFFICE BUILDING • 18,380 SF
      41760 Ivy St, Murrieta, CA 92562-9415
      View Details
    • Value Estimation
      $240,000
      2,342 SF

      25109 Jefferson Ave Ste, Unit 305

      OFFICE BUILDING • 2,342 SF
      25109 Jefferson Ave Ste, Murrieta, CA 92562-8119
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      1,638 SF

      Murrieta Office Space - Prime Location

      Seven Offices, Great Freeway Access
      25102 Ave Unit B, Murrieta, CA 92562
      View Details
    • $419,900

      Office Space in Ivy Springs

      Office space in Murrieta's Ivy Springs Business Park.
      41700 Ivy D, Murrieta, CA 92562
      View Details
    • $875,000
      1,305 SF

      Mixed-Use Property in Prime Location

      Mixed-use property with high visibility and strong traffic in Murrieta.
      41667 Kalmia St, Murrieta, CA 92562
      View Details
    • Contact for pricing
      15,127 SF

      Temecula Medical Office Suites for Lease

      Prime Medical Row location, various suite sizes available.
      25186 Ave, Temecula, CA 92562
      View Details
    • Contact for pricing
      1,890 SF

      Office Condo For Sale

      Office condo featuring an open area, office/storage, kitchenette, and restroom.
      24910 Las Brisas Rd, Murrieta, CA 92562
      View Details
    • $518,915
      38 SF

      Professional Office & Medical Condos

      Class A office and medical condos in Murrieta, California.
      25109 Jefferson Ave | Murrieta, Murrieta, CA 92562
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Jefferson Avenue Office Building

      Fully leased office building in Murrieta, California.
      25114 Jefferson Ave, Murrieta, CA 92562
      View Details
    • Contact for pricing
      37,369 SF

      Office Building in Historical District

      Two-story office building in Murrieta's historical district available for rent.
      41856 Ivy St, Murrieta, CA 92562
      View Details
    • Contact for pricing
      78,032 SF

      Future Class A Office Building

      Premier office building for rent in Golden Triangle location.
      25250 Hancock Ave | Murrieta, Murrieta, CA 92562
      View Details
    • Contact for pricing
      39,018 SF

      Future Class A Office Building

      Future Class A office building with freeway frontage in Murrieta.
      25230 Hancock Ave | Murrieta, Murrieta, CA 92562
      View Details
    • Contact for pricing
      30,800 SF

      Medical Office Building For Lease

      30,800 square foot medical office building. Fully Leased.
      25485 Medical Ctr Dr | Murrieta, Murrieta, CA 92562
      View Details
    • Contact for pricing
      18,024 SF

      Fully Leased Office Building

      Office building with 18,024 square feet, currently fully leased.
      41880 Kalmia St | Murrieta, Murrieta, CA 92562
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    41680 Ivy St, Unit K12
    Murrieta, CA 92562-9434
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    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
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.