43020 Black Deer LoopTemecula, CA 92590

Property Details for 43020 Black Deer Loop

Year built

1987

Construction

WOOD

Lot size

0.49 AC

Property size (Sq ft)

7,894 SF

Zone code

M1

Property type

Office buildings

APN

921-030-007

APU

921030007

Description

This exceptional two-story, 7,894 square foot Class C office building, constructed in 1987, is situated on a 0.49-acre lot in Temecula's Inland Empire submarket. The property, located at 43020 Black Deer Loop, Temecula, CA 92590 (cross streets: Diaz Road), is zoned M1 - commercial services and features 12 total suites with a maximum contiguous space of 728 square feet. Currently, 715 square feet are vacant, offering immediate occupancy opportunities for businesses seeking multiple suites. The building boasts a 0.38 building FAR and includes convenient amenities such as one elevator. Property taxes are $1.99 per square foot. The building's convenient location provides easy access to the I-15 freeway via Winchester Road, ensuring convenient commutes for employees and clients. Ample parking is available on-site. This property presents a compelling investment opportunity for businesses seeking a well-located, functional office space in a thriving Temecula commercial area. The APN is 921-030-007.

• CAP approach

  CAP return

  Valuation

  6%

  $2,169,590

  6.5%

  $2,002,699

  7%

  $1,859,649

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,384,785

  Geo Method

  $2,778,451

• Alternative Use

  Use

  Valuation

  Residential

  $2,483,346

  Hospitality

  $2,274,732

  Educational

  $1,892,550

  Medical

  $1,957,638

  Retail

  $2,943,967

Location Insight

City

Temecula

County

Riverside

State

California

Latitude

33.5117

Longitude

-117.166

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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