10769 Hole AveRiverside, CA 92505

Property Details for 10769 Hole Ave

Year built

1986

Construction

WOOD

Lot size

4.23 AC

Property size (Sq ft)

57,900 SF

Zone code

C3

Property type

Office properties

Property subtype

Office buildings

APN

143-052-034

APU

143052034

Description

River Pointe offers 37,601 square feet of Class B office space in a single-story building at 10769 Hole Ave, Riverside, CA 92505. Seven suites are available, ranging from 2,667 to 8,382 contiguous square feet, with a total of 32,897 square feet currently vacant. The property, renovated in 2024, is ideal for owner-users and small businesses, offering flexible space suitable for office, medical, retail, and light flex/industrial uses. Its convenient location near the Tyler Galleria and the 91 freeway provides excellent access and visibility. The proximity to California Baptist University, La Sierra University, Kaiser Hospital, and Parkview Hospital adds to its appeal. The building features ample parking with a ratio of 4 spaces per 1000 square feet. A triple-net lease may be considered by the landlord. This presents a unique opportunity to acquire a well-located, versatile commercial space in a thriving Riverside community.

• CAP approach

  CAP return

  Valuation

  6%

  $15,913,261

  6.5%

  $14,689,164

  7%

  $13,639,938

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,156,963

  Geo Method

  $20,379,064

• Alternative Use

  Use

  Valuation

  Residential

  $18,214,564

  Hospitality

  $16,684,443

  Educational

  $13,881,260

  Medical

  $14,358,658

  Retail

  $21,593,072

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9188

Longitude

-117.48

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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