1220 Palmyrita AveRiverside, CA 92507

  • Industrial properties
  • 22,230 SF
For Lease
$15.48/SF/YR View listing

Property Details for 1220 Palmyrita Ave

Year built
1989
Construction
TILT-UP CONCRETE
Lot size
3.29 AC
Property size (Sq ft)
22,230 SF
Zone code
R1
Property type
Industrial properties
Property subtype
Manufacturing properties
APN
249-060-020
APU
249060020

Description

The Iowa Corporate Center, located at 1220 Palmyrita Ave, Riverside, CA 92507, presents a unique opportunity for businesses seeking flexible office and warehouse space. This single-story, 137,838 square foot building, built in 1987 and renovated in 1989, is currently fully vacant and available for lease. The property boasts a multi-tenant configuration, offering spaces ranging from a minimum of 876 square feet to a maximum contiguous space of 124,458 square feet, catering to a variety of business needs. High ceilings, ranging from 14 to 16 feet, provide ample vertical space, while 15 dock-high doors ensure efficient loading and unloading. Ample parking is available with 379 spaces. The property is zoned BMP and situated in Riverside County. This versatile property is ideal for companies requiring both office and warehouse functionality, offering a blend of executive office space and industrial capabilities. Its location in Riverside, California provides easy access to major transportation routes and a thriving business community. The property's size and flexible layout make it suitable for a wide range of businesses, from small startups to larger enterprises. Contact us today to learn more about leasing opportunities at this prime Riverside location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $6,337,389
    Hospitality
    $5,805,014
    Educational
    $4,829,704
    Medical
    $4,995,804
    Retail
    $7,512,872
1220 Palmyrita Ave, Riverside, California

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
34.004
Longitude
-117.338
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
$78,710
$2,184,840
$4,942,940
$7,127,780
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