31461 Riverside DrLake Elsinore, CA 92530

Property Details for 31461 Riverside Dr

Year built

1985

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

5,032 SF

Zone code

R106

Property type

Office properties

Property subtype

Office buildings

APN

379-131-021

APU

379131021

Description

Brookstone Landing offers a 1,100 square foot office space for lease, located on the second floor of a two-story building at 31461 Riverside Drive, Lake Elsinore, CA 92530. This traditional office space is also suitable for creative or executive office uses, and could accommodate coworking arrangements. The space is a "vanilla shell" and includes two private restrooms and a conference room. Abundant parking is available for tenants and their clients. The total building size is 4,400 square feet, with 1,100 square feet currently vacant. The property is zoned TC and situated in Riverside County. This modern, versatile space offers convenient accessibility and is ideal for businesses seeking a professional and productive work environment in a sought-after location. The property's location in Lake Elsinore provides easy access to local amenities and transportation routes. This is a multiple-tenancy building, offering a collaborative atmosphere for businesses of various sizes. The available space presents an excellent opportunity for companies looking to establish or expand their presence in a thriving community. Don't miss this chance to secure your ideal workspace at Brookstone Landing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,382,997

  6.5%

  $1,276,613

  7%

  $1,185,426

• Comparable approach

  Method

  Valuation

  Relative Method

  $882,726

  Geo Method

  $1,771,113

• Alternative Use

  Use

  Valuation

  Residential

  $1,583,000

  Hospitality

  $1,450,019

  Educational

  $1,206,399

  Medical

  $1,247,889

  Retail

  $1,876,621

Location Insight

City

Lake Elsinore

County

Riverside

State

California

Latitude

33.6808

Longitude

-117.37

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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