Technical
Financial
Distress signals
Property profile

42045 3Rd St Temecula, CA 92590

FOR SALE
Commercial land
Property ID
US09-3219783
0.27 ac lot
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional 0.27-acre (±11,761 square feet) vacant land parcel presents a remarkable investment opportunity in the heart of Old Town Temecula, California. Situated at 42045 3rd Street, this property enjoys a highly desirable location, just west of the intersection with Old Town Front Street. Its strategic position offers unparalleled visibility and accessibility. The lot is conveniently adjacent to the Old Town Pub and directly across the street from two established commercial centers: The Warehouse at Creekside and Front Street Plaza. This prime location benefits from high foot traffic and proximity to numerous businesses, restaurants, and attractions, making it an attractive site for various commercial ventures. The property's zoning and development potential should be independently verified by prospective buyers to ensure alignment with their specific project plans. The asking price for this exceptional land parcel is $1,280,000. This represents a unique chance to acquire a piece of Temecula's vibrant Old Town, offering significant potential for future growth and return on investment. The property is located in Riverside County, California, with the zip code 92590. Detailed site plans and surveys are available upon request.

Property profile

Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.27 ac (11,761 SF)
Zoning code C1CP
APN 922-045-016
UPID US09-3219783

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

42045 3Rd St Temecula, CA 92590
Temecula metro Census 51200 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$245k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$245k

Owner & transaction history

since 2016
7 recorded transactions
2016
$750,000
2014
$420,000
2013
$330,000
2013
Price N/A
2010
Price N/A
1969
Price N/A
1969
Price N/A

Zoning & alternative use

C1CP · Temecula, CA

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?”
More about this property
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