11042 Hole AveRiverside, CA 92505

  • Retail properties
  • 1,978 SF
For Lease

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
11042 Hole Ave, Riverside, California

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

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
$5,088
$120,722
$289,741
$410,463
-
-
-
-

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].