31900 Mission TrlLake Elsinore, CA 92530

Property Details for 31900 Mission Trl

Year built

1986

Construction

WOOD

Lot size

0.58 AC

Property size (Sq ft)

19,157 SF

Zone code

C1

Property type

Office buildings

APN

363-172-006

APU

363172006

Description

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.

• CAP approach

  CAP return

  Valuation

  6%

  $5,967,130

  6.5%

  $5,508,120

  7%

  $5,114,690

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,360,570

  Geo Method

  $6,742,690

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $10,242,900

  Retail / Commercial

  $5,370,220

  Mixed-Use / Specialty

  $5,443,840

  Hospitality / Lodging

  $4,114,750

  Institutional / Educational

  $5,692,560

  Residential Income

  $6,660,290

  Multifamily

  $7,473,720

  Automotive / Energy

  $4,879,340

  Parking / Income-Based Land

  $1,592,150

  Restaurant / Food Service

  $3,029,360

  Healthcare / Senior Housing

  $5,487,430

Location Insight

City

Lake Elsinore

County

Riverside

State

California

Latitude

33.6573

Longitude

-117.298

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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