2677 Alessandro BlvdRiverside, CA 92508

  • Industrial properties
  • 709,081 SF
For Lease
$10.80/SF/YR View listing

Property Details for 2677 Alessandro Blvd

Year built
2020
Construction
TILT-UP CONCRETE
Lot size
33.17 AC
Property size (Sq ft)
709,081 SF
Property type
Industrial properties
Property subtype
Distribution centers
APN
297-100-095
APU
297100095

Description

This exceptional Class A industrial property, totaling 709,081 square feet, is situated on 39.33 acres in Riverside, CA, within the Moreno Valley/Perris submarket of the Inland Empire. Built in 2020, this single-tenant building boasts a 36-foot ceiling height, 109 loading docks with 109 dock-high doors, and ample parking with 384 spaces and 2 drive-ins. The property features 4000A, 480/277V power, and is zoned W-2. Its strategic location offers convenient access to major freeways, including the 215, 60, and 91, placing it near the intersection of Alessandro Boulevard and Old 215 Frontage Road. The property's proximity to March Air Reserve Base further enhances its desirability. With a building floor area ratio (FAR) of 0.41, this property presents a significant opportunity for distribution and warehouse operations. The property's APN is 297-100-094 & 297-100-095. Taxes are $3.21 per square foot. The entire building is currently vacant.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $223,067,376
    Hospitality
    $204,328,512
    Educational
    $169,998,928
    Medical
    $175,845,456
    Retail
    $264,442,784
2677 Alessandro Blvd, Riverside, California

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
33.914
Longitude
-117.284
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
$2,246,053
$31,565,736
$169,054,596
$200,620,332
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