2280 Market StRiverside, CA 92501

Property Details for 2280 Market St

Year built

2005

Construction

STEEL FRAME

Lot size

2.43 AC

Property size (Sq ft)

62,869 SF

Zone code

DSP

Property type

Office properties

Property subtype

Office buildings

APN

207-130-042

APU

207130042

Description

This prestigious Class A office property, located at 2280 Market Street in Riverside, CA 92501, offers 12,721 square feet of immediately available space in multiple configurations. The building boasts 133,577 total square feet across three stories, with units ranging from 1,576 to 4,839 contiguous square feet. Amenities include a two-story atrium lobby, attractive finishes, flexible floor plans, state-of-the-art HVAC and security systems, and ample free surface parking (4 spaces per 1,000 square feet). The property enjoys a prime location adjacent to the 60 freeway on/off ramp, providing easy access to Los Angeles, Orange, and San Diego Counties. Its proximity to Riverside's downtown civic center offers employees convenient access to numerous restaurants, retail shops, hotels, and business services. This exceptional location and building features make it an ideal space for businesses seeking a high-quality, well-located office environment. The building consists of one 6,290 square foot medical/office building and two 3-story professional office buildings totaling approximately 63,500 square feet each.

• CAP approach

  CAP return

  Valuation

  6%

  $15,658,417

  6.5%

  $14,453,924

  7%

  $13,421,500

• Comparable approach

  Method

  Valuation

  Relative Method

  $10,659,478

  Geo Method

  $22,128,002

• Alternative Use

  Use

  Valuation

  Residential

  $17,922,866

  Hospitality

  $16,417,248

  Educational

  $13,658,958

  Medical

  $14,128,710

  Retail

  $21,247,268

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9986

Longitude

-117.372

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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