This exceptional 0.37-acre industrial land parcel, totaling 16,117 square feet, presents a unique investment opportunity in Riverside, California. Located at 7363 Orangewood Drive, 92504, the property boasts a desirable General Industrial (I) zoning designation, offering flexibility for a variety of industrial uses. The lot features a flat topography and an ideal squared shape, maximizing usability and efficiency. Further enhancing its appeal is a fully fenced and secured perimeter, providing peace of mind and security. A compact gravel yard is already in place, simplifying site preparation and reducing initial development costs. The property's strategic location offers convenient access to major transportation arteries, including the I-15, 60, and 91 freeways, ensuring seamless logistics and efficient distribution. Its proximity to the Riverside Municipal Airport further enhances its appeal for businesses requiring air freight capabilities. Additionally, the property enjoys excellent access to Van Buren Boulevard, providing easy connectivity to the wider Riverside area. This centrally located lot represents a rare opportunity to acquire a well-situated, ready-to-develop industrial site in a thriving market. The APN is 155-401-011. This single-tenant property is ready for your business.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
Alternative Use
Use
Valuation
Residential
$5,070,192
Hospitality
$4,644,269
Educational
$3,863,977
Medical
$3,996,865
Retail
$6,010,631
Location Insight
City
Riverside
County
Riverside
State
California
Latitude
33.9611
Longitude
-117.456
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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