1761 3Rd StNorco, CA 92860

Property Details for 1761 3Rd St

Year built

2008

Construction

TILT-UP CONCRETE

Lot size

0.28 AC

Property size (Sq ft)

18,850 SF

Zone code

CG

Property type

Office properties

Property subtype

Office buildings

APN

129-380-005

APU

129380005

Description

This exceptional office space, located at 1761 Third Street, Suite 204, Norco, CA 92860, offers a flexible layout ideal for executive or medical practices. Situated on a spacious 14-acre lot in Riverside County, the property boasts a total building size of 3,859 square feet, with a currently available space ranging from 1,246 to 2,613 contiguous square feet. The entire 3,859 square feet is currently vacant, presenting a unique opportunity for a single tenant to occupy the entire building or for multiple tenants to lease portions. The property is classified as both Executive and Medical Office space, catering to a variety of professional needs. Its location in Norco, California provides convenient access to major transportation routes and amenities. The property's multi-tenant capacity allows for scalability and adaptability to suit various business requirements. This is a rare opportunity to secure a substantial and versatile office space in a desirable location. The property is ready for immediate occupancy. Contact us today to schedule a viewing and explore the possibilities.

• CAP approach

  CAP return

  Valuation

  6%

  $5,180,742

  6.5%

  $4,782,224

  7%

  $4,440,636

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,306,714

  Geo Method

  $6,634,634

• Alternative Use

  Use

  Valuation

  Residential

  $5,929,958

  Hospitality

  $5,431,809

  Educational

  $4,519,202

  Medical

  $4,674,624

  Retail

  $7,029,869

Location Insight

City

Norco

County

Riverside

State

California

Latitude

33.9185

Longitude

-117.561

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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