11042 Hole AveRiverside, CA 92505
- Retail properties
- 1,978 SF
Property Details for 11042 Hole Ave
- Year built
- 1963
- Lot size
- 0.16 AC
- Property size (Sq ft)
- 1,978 SF
- Zone code
- C3
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 146-242-042
- APU
- 146242042
Description
This exceptional 3,895-square-foot industrial property, located at 11042 Hole Ave in Riverside, CA, presents a unique opportunity for businesses seeking versatile space. Situated on a 0.16-acre lot, this single-tenant building boasts a range of uses, including refrigerated/cold storage, manufacturing, and distribution. Built in 1987, the property features a substantial 19-foot ceiling height, providing ample room for operations and storage. The zoning is C-3, allowing for a variety of commercial and industrial activities. The entire 3,895 square feet is currently vacant and ready for immediate occupancy. The property's location in the Riverside submarket of Riverside County offers convenient access to major transportation routes, making it an ideal location for efficient logistics and distribution. The APN is 146-252-042. This property is perfect for a company seeking a well-maintained, versatile industrial space in a prime Riverside location. The property is available for lease and offers a significant opportunity for businesses seeking to establish or expand their operations in a thriving market. The zip code is 92505.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $799,143
- 6.5%
- $737,670
- 7%
- $684,979
-
Comparable approach
- Method
- Valuation
- Relative Method
- $874,404
- Geo Method
- $1,754,416
-
Alternative Use
- Use
- Valuation
- Residential
- $622,252
- Hospitality
- $569,980
- Educational
- $474,216
- Medical
- $490,526
- Retail
- $737,670
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 33.9185
- Longitude
- -117.487
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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