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    1485 Spruce St Riverside, CA 92507

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    For Sale
    $900,000

    Two flex condo units with corporate office and warehouse storage.

    Property size:
    3,617 SF
    Lot size:
    3.33 Acres

    Property Features for 1485 Spruce St

    General Information

    Size
    3,617 SF
    Lot size
    3.33 Acres

    Source: CBRE Agent Garry L Jenkins

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Flex Condo Units For Sale

    Two flex condo units totaling approximately 3,617 square feet are available for purchase. The units feature fully built-out corporate office space and warehouse storage. The property offers convenient access to the 91, 60, and 215 Freeways and is located in close proximity to Downtown Riverside. This property presents an opportunity for either an owner-user or as an investment.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    R & S CARPET ... Carpet Installer The Cookie Tin Restaurant Applied General Agency Insurance Agency Pro Management Company ... Property Management Company ABSS Networks Inc Computer Consultant

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.3435272
    Latitude
    33.9907074

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    FAQs

    What type of property is this?
    Flex space - Two flex condo units with corporate office and warehouse storage.
    Where is this flex space located?
    The property is located at 1485 Spruce St Riverside, CA.
    What is the asking price?
    The asking price for this property is $900,000.
    What are key features of this property?
    This property features: - Fully Built-Out Corporate Office Space; - Two (2) Flex Condo Units totaling ±3,617 SF; - Direct Access to 91, 60, & 215 Freeways
    (949) 939-9810
    Request Owner's contact information
    1485 Spruce St Riverside, CA 92507
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    Riverside, CA 92507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1485 Spruce St Riverside, CA 92507
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