Versatile Multi-Use Office
For Sale
$1,400,000
4130 Flat Rock Dr #6C, Riverside, CA 92505
Flexible commercial building suitable for various business needs.
Property Size3,264 SF
Lot Size0.07 Acres
Days on Market168
Property Features for 4130 Flat Rock Dr #6C
General Information
Standard status
Active
Size
3,264 SF
Lot size
0.07 Acres
Property subtype
Industrial
Building Details
Building Size
3,264 SF
Year Built
2004
Listing Agency:
EXCELLENCE RE REAL ESTATE
(562) 948-4553
Listed By:
MIKE OYOQUE · License #00863693
(562) 948-4553
Source:
Elliman
Added: Mar 12
Changed: Aug 14
Last Checked: Aug 26 at 8:59AM
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 EXCELLENCE RE REAL ESTATE
Investment Insights
Based on property information with market context.
This single-level, mixed-use commercial building is available for sale, offering ground-level access and a 16' roll-up rear door, which eliminates the need for a loading dock. The property is suitable for light industrial, office, or creative space uses. It features 120/208V power with a 200-amp panel and 3-phase power to accommodate high-demand equipment. The building includes 10+ dedicated parking spaces. Convenient access to the 91 and 15 freeways makes this an ideal location for logistics or customer-facing operations.
Key Highlights
- Flexible, mixed‑use commercial building suitable for light industrial, office, or creative space.
- Convenient access to the 91 and 15 freeways.
- Ground‑level access with a 16' roll‑up rear door (no dock).
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$51,326
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
3.67%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,026,520
$1.0M
Cap Rate 7%
$733,229
$733.2K
Cap Rate 9%
$570,289
$570.3K
Market Conditions
NOI Build-Up for 3,264 SF
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.
Gross rent
$82.3K $25.20/SF
− Vacancy
−$3.3K −$1.01/SF
EGI
$79.0K $24.19/SF
− OpEx
−$27.6K −$8.47/SF
NOI
$51.3K $15.72/SF
Area
ZIP 92505
Vacancy
4.00%
Lease Rate
$25.20 /SF/Yr
Expense Ratio
35.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$1,026,520
Cap Rate 7%
$733,229
Cap Rate 9%
$570,289
Alternative Uses
Best Use
Flex RnD
$733.2K
$641.6K – $855.4K
NOI $51,326 @ 7.0% cap · market cap 3.67%
Second Best
Mixed Use
$657.5K
$575.3K – $767.0K
NOI $46,022 @ 7.0% cap · market cap 3.29%
Theoretical Best
Office A
$1.12M
$978.8K – $1.31M
NOI $78,303 @ 7.0% cap · market cap 5.59%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,670
Businesses Nearby
Explore this area
Business Placement
Demographics for 92505, CA
50,919
Population
15,324
Households
3.3
Avg Household Size
34
Median Age
20%
College-Educated
79%
High-School Grad
10.2 sq mi
ZIP Area
4,992
Density / Sq Mi
$84,528
Median Household Income
$40,575
Median Earnings
$1,936
Median Rent
$520,800
Median Home Value
Market
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Mixed-use property - Flexible commercial building suitable for various business needs.
Where is this mixed-use property located?
The property is located at 4130 Flat Rock Dr #6C Riverside, CA.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Flexible, mixed‑use commercial building suitable for light industrial, office, or creative space.; Convenient access to the 91 and 15 freeways.; Ground‑level access with a 16' roll‑up rear door (no dock).
