4204 Riverwalk PkwyRiverside, CA 92505

Property Details for 4204 Riverwalk Pkwy

Year built

2008

Construction

STEEL FRAME

Lot size

4.49 AC

Property size (Sq ft)

100,000 SF

Zone code

CR

Property type

Office buildings

APN

141-260-030

APU

141260030

Description

The Towers at Riverwalk, a prestigious two-building Class A office complex in Riverside, CA, offers exceptional executive office space. Located at 4204 & 4210 Riverwalk Parkway, 92505, this multi-tenant property boasts a total of 68,027 square feet, with 36,887 square feet currently vacant. Flexible space options are available, ranging from a minimum of 3,524 square feet to a maximum contiguous space of 24,980 square feet. The property features an impressive 4.2:1 parking ratio, ensuring ample parking for tenants and their guests. Its prime location in Riverside, bordering Corona, provides convenient access to major transportation arteries, offering seamless connectivity to Orange County and Los Angeles. The campus-like setting, efficient floor plates, and abundance of nearby amenities, including over 4.8 million square feet of retail within a two-mile radius, create a highly desirable work environment. This exceptional property is situated in a high-image area with close proximity to executive housing, making it an ideal location for businesses seeking a sophisticated and convenient office space in Riverside County.

• CAP approach

  CAP return

  Valuation

  6%

  $27,484,044

  6.5%

  $25,369,886

  7%

  $23,557,752

• Comparable approach

  Method

  Valuation

  Relative Method

  $17,542,250

  Geo Method

  $35,197,000

• Alternative Use

  Use

  Valuation

  Residential

  $31,458,660

  Hospitality

  $28,815,964

  Educational

  $23,974,542

  Medical

  $24,799,064

  Retail

  $37,293,732

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9024

Longitude

-117.496

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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