25130 Hancock AveMurrieta, CA 92562

Property Details for 25130 Hancock Ave

Year built

2020

Construction

WOOD

Lot size

1.47 AC

Property size (Sq ft)

20,800 SF

Zone code

CC

Property type

Office properties

Property subtype

Office buildings

APN

948-510-006

APU

948510006

Description

This exceptional Class A medical office building, completed in 2021, offers 19,560 square feet of premium space in Murrieta, CA. Located at 25130 Hancock Avenue, near the intersection of Murrieta Hot Springs Road, this two-story building provides unparalleled visibility and accessibility. The property features 94 parking spaces and an elevator, ensuring convenience for patients and staff. Multiple tenancy options are available, ranging from 1,991 square feet to the entire 19,560 square feet. The building boasts a prime location in a rapidly growing area of Riverside County, offering easy access to major freeways and serving a large population base including Murrieta, Temecula, Wildomar, Menifee, and Lake Elsinore. Its strategic placement near other prominent medical facilities enhances its appeal. The property offers significant signage opportunities, including potential freeway visibility. This is an ideal location for medical practices seeking a high-profile, modern, and well-equipped space in a thriving market. The building's design and amenities cater to the needs of a diverse range of medical professionals. The address is 25130 Hancock Ave, Murrieta, CA 92562.

• CAP approach

  CAP return

  Valuation

  6%

  $5,716,681

  6.5%

  $5,276,936

  7%

  $4,900,012

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,648,788

  Geo Method

  $7,320,976

• Alternative Use

  Use

  Valuation

  Residential

  $6,543,401

  Hospitality

  $5,993,720

  Educational

  $4,986,705

  Medical

  $5,158,206

  Retail

  $7,757,096

Location Insight

City

Murrieta

County

Riverside

State

California

Latitude

33.5684

Longitude

-117.182

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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