Versatile Mixed-Use Property in
11775 Riverside Ave Courtland, CA 95615
11775 Riverside Ave, Courtland, CA, 95615
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For Sale
Contact for pricing
Mixed-use property with shop, warehouse, office, and living space.
Property Size7,742 SF
Price / SF$103.20
Days on Market646
Property Features for 11775 Riverside Ave
General Information
- Standard status
- Active
- Size
- 7,742 SF
- Property subtype
- Industrial, Mixed Use, Office, Self Storage, Special Purpose
Listing Agency
Reni Della Maggiore, Inc.
(916) 761-8530
Listed by
Reni Della Maggiore · License #CA 00671356
Source
Crexi
Added: Oct 9, 2024 Checked: Jul 15 at 8:16 pm
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Reni Della Maggiore, Inc.
Investment Insights
Based on property information with market context.
This mixed-use property offers a total of 7,742 square feet, featuring approximately 5,202 square feet of shop/warehouse space and 2,540 square feet of office/living space. The property also includes two additional free-standing warehouses, each measuring approximately 1,200 square feet. The sale encompasses a total of six separate Assessor’s Parcels. The property is suitable for various uses, including auto, farm, and marine repair, or a tow truck yard.
Key Highlights
- 7,742 sq ft property ideal for live/work setup.
- Approximately 5,202 sq ft shop/warehouse space included.
- Features 2,540 sq ft of office/living space.
Local Financial Insights For Warehouse
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.3k | $9.60 |
| − Vacancy | −$4.5k | −$0.58 |
| EGI | $69.9k | $9.02 |
| − OpEx | −$10.5k | −$1.35 |
| NOI | $59.4k | $7.67 |
7,742 SF · lease $9.60/SF/yr · vacancy 6.00% · expense 15.00%
Alternative Uses
Best Use
Office B
$1.73M
$1.51M – $2.02M
NOI $121,078 @ 7.0% cap · market cap 15.15%
Second Best
Retail
$1.44M
$1.26M – $1.68M
NOI $100,788 @ 7.0% cap · market cap 12.61%
Theoretical Best
Office A
$2.06M
$1.80M – $2.41M
NOI $144,375 @ 7.0% cap · market cap 18.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Mixed-use property - Mixed-use property with shop, warehouse, office, and living space.
Where is this mixed-use property located?
The property is located at 11775 Riverside Ave Courtland, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 7,742 sq ft property ideal for live/work setup.; Approximately 5,202 sq ft shop/warehouse space included.; Features 2,540 sq ft of office/living space.
