This exceptional 5,856-square-foot industrial condo, located at 485 Rivera Street in Riverside, CA 92501, presents a unique opportunity. Situated within a secure industrial complex on a cul-de-sac, this single-tenant property offers a blend of warehouse and office space, perfectly suited for a variety of businesses. Built in 2006 and extensively renovated in 2020, the building boasts a two-story design with an impressive 18-foot ceiling height. The property features a 14-foot ground-level door, providing convenient access for loading and unloading. Power is ample, with 600 amps of 3-phase electricity available. The interior is meticulously finished, including a showroom, three restrooms, a break/kitchen area, five offices/flex spaces, and a luxurious conference room overlooking the showroom. Racking is available for efficient storage. The property is zoned BMP and is conveniently located near major freeways, including the 91, 215, 10, and 60 freeways, ensuring easy access to transportation networks. This versatile space combines modern amenities with a prime location, making it an attractive option for businesses seeking a functional and well-appointed industrial property. The property consists of one building.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$1,273,464
Hospitality
$1,166,487
Educational
$970,503
Medical
$1,003,880
Retail
$1,509,672
Location Insight
City
Riverside
County
Riverside
State
California
Latitude
34.0169
Longitude
-117.368
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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