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

    41775 Elm St Murrieta, CA 92562-9258

    • Manufacturing properties
    • 5,355 SF
    OFF-MARKET
    Last Sale
    Sep 16, 2021
    $970,000
    Value Estimations
    $1,115,000
    Show details
    Cap Rate Potential
    4.5%
    Manufacturing properties
    Location Intelligence
    Property ID
    US09-0245436
    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

    • Arsenal FC South / Soccer Club
    • Owners Management Company, LLC / Property Management Company
    • Competitive Advantage Group, LLC / Distribution Service
    • Ladd Eastman LLC / Real Estate Agency
    • Eagle's Mark Awards and Signs / Trophy Shop / Sign Shop

    Property Details for 41775 Elm St

    Year built
    2006
    Construction
    TILT-UP CONCRETE
    Property size
    5,355 SF
    Property type
    Manufacturing properties
    APN
    909-062-002
    APU
    909062002

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      Statistic approach
      $1,125,000
      ML approach
      $1,185,000

    • CAP approach

      CAP Return
      Estimation
      6%
      $840,000
      6.5%
      $775,000
      7%
      $720,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $1,421,000
      Market price range: $851k - $1.42M
      AI Estimate
      $818,000
      Market price range: $329k - $954k

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $1,130,000
      Current use
      OFFICE BUILDING
      $1,840,000
      Change: +63% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Murrieta
    County
    Riverside
    State
    California
    Longitude
    -117.184
    Latitude
    33.5328
    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
    $12,497
    $201,837
    $807,350
    $1,009,187
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      26650 Adams Ave

      MANUFACTURING (LIGHT)
      26650 Adams Ave, Murrieta, CA 92562-7096
      View Details
    • Value Estimation
      $740,000
      19,598 SF

      26450 Jefferson Ave

      MANUFACTURING (LIGHT) • 19,598 SF
      26450 Jefferson Ave, Murrieta, CA 92562-8986
      View Details
    • Value Estimation
      $570,000
      17,972 SF

      26055 Jefferson Ave, Unit 12

      MANUFACTURING (LIGHT) • 17,972 SF
      26055 Jefferson Ave, Murrieta, CA 92562-6983
      View Details
    • Value Estimation
      $1,195,000
      24,216 SF

      41615 Reagan Way

      MANUFACTURING (LIGHT) • 24,216 SF
      41615 Reagan Way, Murrieta, CA 92562-6930
      View Details
    • Value Estimation
      $1,250,000
      5,975 SF

      41900 Brown St

      MANUFACTURING (LIGHT) • 5,975 SF
      41900 Brown St, Murrieta, CA 92562-9621
      View Details
    • Value Estimation
      $785,000
      18,702 SF

      41715 Cherry St

      MANUFACTURING (LIGHT) • 18,702 SF
      41715 Cherry St, Murrieta, CA 92562-9186
      View Details

    Similar Nearby for Sale

    • $1,750,000
      6,706 SF

      Murrieta Warehouse: $1.75M

      6,706 SF Warehouse, Office Space, CA
      26187 Jefferson Ave, Murrieta, CA 92562
      View Details
    • $1,450,000
      4,843 SF

      Versatile Commercial Building in Murrieta

      Commercial building in prime Murrieta location, ideal for various uses.
      41610 Date St, Murrieta, CA 92562
      View Details
    • $5,225,000
      21,462 SF

      Industrial Building with Secured Yard

      Freestanding industrial building with office space and secured yard.
      41670 Reagan Way, Murrieta, CA 92562
      View Details
    • $2,131,800
      7 SF

      Industrial Flex Space For Sale

      Industrial flex space with existing lease income and vacant suite.
      26163 Jefferson Ave | Murrieta, Murrieta, CA 92562
      View Details
    • $950,000

      Versatile Commercial Condo in Murrieta

      Commercial condo with offices and warehouse space in central location.
      41765 Elm St, Murrieta, CA 92562
      View Details

    Similar Nearby for Lease

    • $1.35 SF/Yr
      31 SF

      Industrial Unit For Rent

      Small industrial unit suitable for manufacturing or distribution.
      41725 Elm St, Murrieta, CA 92562
      View Details
    • Contact for pricing
      7,304 SF

      Murrieta Warehouse Space Available

      7,304 SF warehouse space for lease in Murrieta.
      26151 Jefferson Ave, Murrieta, CA 92562
      View Details
    • $1.30 SF/Yr
      4,180 SF

      Murrieta Warehouse Near 15 Fwy

      Multi-tenant building with reception, office, and restroom near I-15.
      41531-41537 Cherry St, Murrieta, CA 92562
      View Details
    • $1.37 SF/Yr
      20,521 SF

      Office and Warehouse Space Available

      Sublease available through 2/28/2027, featuring office and warehouse components.
      41120 Elm St, Murrieta, CA 92562
      View Details
    • $1.35 SF/Yr
      21,120 SF

      Industrial Unit with Truck Storage

      Industrial unit featuring truck storage, reception, office, and restroom.
      41715 Elm St, Murrieta, CA 92562
      View Details
    • $1.30 SF/Yr
      4,429 SF

      Freestanding Warehouse with Roll-Up Doors

      Freestanding warehouse featuring roll-up doors and office space for lease.
      41513 Cherry St, 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.
    41775 Elm St
    Murrieta, CA 92562-9258
    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.