25186 Hancock AveMurrieta, CA 92562

Property Details for 25186 Hancock Ave

Year built

2007

Construction

WOOD

Lot size

1.02 AC

Property size (Sq ft)

15,127 SF

Zone code

CC

Property type

Office properties

Property subtype

Office buildings

APN

948-510-023

APU

948510023

Description

This exceptional 1,580 square foot medical office suite is located in the prestigious Southwest Tower on Murrieta's "Medical Row," adjacent to Rady Children's Murrieta Medical Plaza and near Southwest Healthcare Rancho Springs Hospital. The suite is part of a larger multi-tenant building offering 13,722 total square feet, with individual suites ranging from approximately 733 to 2,129 square feet, allowing for potential expansion up to 1,580 contiguous square feet. The building features a grand lobby, elevator service, ample common area restrooms, and overflow parking. The modern design includes expansive windows providing abundant natural light. Its convenient location offers easy access via Interstates 215 and 15, and the nearby Meadowridge Park provides a tranquil setting. This meticulously maintained building presents a high-profile image and a vibrant, thriving medical community atmosphere. The property is ideal for medical professionals seeking a well-appointed and strategically located office space. This is a rare opportunity to establish or expand your practice in a highly desirable medical corridor. The minimum divisible space is 1,580 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $4,157,511

  6.5%

  $3,837,703

  7%

  $3,563,581

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,653,616

  Geo Method

  $5,324,250

• Alternative Use

  Use

  Valuation

  Residential

  $4,758,752

  Hospitality

  $4,358,990

  Educational

  $3,626,629

  Medical

  $3,751,354

  Retail

  $5,641,423

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.564

Longitude

-117.182

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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