4204 Riverwalk PkwyRiverside, CA 92505

  • Office properties
  • 100,000 SF
For Lease
$33/SF/YR View listing

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 properties
Property subtype
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.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • 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
4204 Riverwalk Pkwy, Riverside, California

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

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
$353,295
$2,733,019
$25,587,840
$28,320,859
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