1731 3Rd StNorco, CA 92860

  • Other commercial real estate
  • 0.29 AC
For Lease
$23.40/SF/YR View listing

Property Details for 1731 3Rd St

Lot size
0.29 AC
Zone code
CG
Property type
Other commercial real estate
APN
129-380-003
APU
129380003

Description

This exceptional 6,087-square-foot office building in Norco, California, presents a unique investment opportunity. Situated at 1731 Third Street, zip code 92860, this single-tenant property offers a blend of medical and creative office space, catering to diverse business needs. The building boasts beautiful, ground-floor medical office space with highly updated improvements. Currently, 3,000 square feet are vacant, providing immediate potential for lease income or owner-occupancy. The property's location in the Norco submarket of Riverside County offers convenient access to major transportation routes and a thriving local community. The building's classification as both medical and creative office space broadens its appeal to a wider range of potential tenants. This presents a chance to acquire a well-maintained property in a desirable location with significant upside potential. The property's single-tenant status simplifies management and offers a stable income stream. Detailed specifications and floor plans are available upon request. This is an excellent opportunity for investors seeking a strong return on investment in a growing market. The property is located at 33.9175399 latitude and -117.5612511 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $3,973,858
    Hospitality
    $3,640,032
    Educational
    $3,028,464
    Medical
    $3,132,618
    Retail
    $4,710,944
1731 3Rd St, Norco, California

Location Insight

City
Norco
County
Riverside
State
California
Latitude
33.9176
Longitude
-117.561
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
2017
-
$201,595
$986,765
$1,188,360
-
-
-
-

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