2181 Esplanade AveSan Jacinto, CA 92582

  • Land
  • 2.15 AC
For Lease
$21/SF/YR View listing

Property Details for 2181 Esplanade Ave

Lot size
2.15 AC
Zone code
C1
Property type
Land
Property subtype
Commercial land
APN
436-710-005
APU
436710005

Description

This thriving San Jacinto neighborhood center, totaling 82,477 square feet, presents a unique investment opportunity. Currently featuring a strong tenant mix anchored by a drug store, this multi-tenant property offers five available spaces ranging in size from 1,200 to 24,000 square feet, catering to a variety of retail businesses. Located in Riverside County, the center benefits from high visibility and convenient access for customers. The diverse range of available space sizes allows for flexibility in tenant selection and potential for significant rental income. This established center provides a stable investment with the potential for future growth. The existing tenant mix contributes to a vibrant and attractive shopping environment, ensuring a steady stream of foot traffic. The property's size and location make it an ideal choice for investors seeking a well-established retail center in a growing market. The availability of multiple spaces allows for the potential to attract a variety of businesses, creating a diverse and thriving retail environment. This is an excellent opportunity to acquire a well-positioned retail property in a desirable location. The substantial square footage offers ample space for expansion or diversification of existing tenants. Serious inquiries are encouraged to explore this promising investment opportunity further.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $29,462,294
    Hospitality
    $26,987,302
    Educational
    $22,453,118
    Medical
    $23,225,316
    Retail
    $34,927,072
2181 Esplanade Ave, San Jacinto, California

Location Insight

City
San Jacinto
County
Riverside
State
California
Latitude
33.7739
Longitude
-117.004
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$16,712
$718,750
$135,496
$854,246
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-
-
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