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    1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave Riverside, CA 92507

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    For Sale
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    125,974 SF multi-tenant industrial, flex, and office business park.

    Property size:
    125,974 SF

    Property Features for 1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave

    General Information

    Size
    125,974 SF

    Source: Andrew Peake Agent Andrew Peake

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

    Overview

    Riverside Multi-Tenant Business Park

    This multi-tenant business park offers 125,974 square feet of industrial, flex, and office space on 8.74 acres. The property features 21 expandable units and is currently 94% leased with 18 tenants. It is zoned BMP. The location is strategic, with proximity to the 215, 91, and 60 freeways, providing access to regional airports and ports, serving the Inland Empire.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Similar Places Nearby

    Vip Catering

    Map

    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.33
    Latitude
    33.9841

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    FAQs

    What type of property is this?
    Flex space - 125,974 SF multi-tenant industrial, flex, and office business park.
    Where is this flex space located?
    The property is located at 1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave Riverside, CA.
    What are key features of this property?
    This property features: - 94% Leased investment opportunity; - Multi-Tenant Industrial, Flex & Office spaces available; - Features 21 Expandable Units
    (951) 276-3644
    Request Owner's contact information
    1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave Riverside, CA 92507
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    1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave
    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
    1020–1040 Iowa Ave & 1220–1280 Palmyrita Ave Riverside, CA 92507
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