1425 Palmyrita AveRiverside, CA 92507
- Manufacturing properties
- 13,699 SF
Property Details for 1425 Palmyrita Ave
- Year built
- 2005
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.81 AC
- Property size (Sq ft)
- 13,699 SF
- Zone code
- MP
- Property type
- Manufacturing properties
- APN
- 247-140-038
- APU
- 247140038
Description
This exceptional 14,699-square-foot warehouse, located at 1425 Palmyrita Ave in Riverside, CA 92507, presents a compelling investment opportunity. Built in 2005, the property boasts a desirable 5.70% capitalization rate and a price per square foot of $340. The warehouse features a substantial 24-foot clear ceiling height, providing ample vertical space for storage and operations. Three ground-level loading docks ensure efficient loading and unloading, while the oversized yard offers additional storage capacity. Constructed with durable concrete tilt-up construction, the building includes a sprinkler system (0.60/2000). Its single-tenant occupancy simplifies management, and the property benefits from an outstanding location with excellent access. This well-maintained industrial space is ideal for a variety of uses and represents a strong addition to any investment portfolio. The property is situated in Riverside County, California, offering convenient access to major transportation routes. The building's solid construction and desirable features make it a highly attractive investment prospect. This is a rare opportunity to acquire a well-located, high-quality warehouse in a thriving market.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $3,905,348
- Hospitality
- $3,577,278
- Educational
- $2,976,253
- Medical
- $3,078,611
- Retail
- $4,629,727
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 34.0051
- Longitude
- -117.342
- 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
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