Advertise
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Falcon Business Park Freestanding Building Title is generated by Realmo AI

    14538 Meridian Pkwy, March Air Reserve Base, CA

    View on Map
    Claim this Listing
    For Sale
    Contact for pricing

    Freestanding building with mezzanine, office, lab, and loading area.

    Type:INDUSTRIAL
    Property size:
    17,250 SF
    Lot size:
    1.38 Acres
    Price / SF:
    $269/SF
    Added:
    May 28, 2025
    Days on Market:
    384
    Last Refresh:
    May 19 at 9:52 pm

    Property Features for 14538 Meridian Pkwy

    General Information

    Standard status
    Active
    Size
    17,250 SF
    Lot size
    1.38 Acres
    Property subtype
    INDUSTRIAL

    We can help!

    Listing Contact
    Toby Tewell
    Toby Tewell

    Listing agent Toby Tewell License #01822772

    Listing office Lee & Associates

    Listing date May 28, 2025

    Source Moodyscre

    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 Lee & Associates

    HighLights

    • Free standing building offering independence and flexibility.
    • 12,000 SF mezzanine provides significant additional space.
    • Large concrete loading area for efficient operations.
    • Features 2 grade level loading doors.
    • Includes 3,000 SF of office plus lab space.
    • Located in Falcon Business Park at Meridian.

    Overview

    The property is a freestanding building located in Falcon Business Park at Meridian. It features a 12,000 square foot mezzanine and 3,000 square feet of office space with a lab. The property includes two grade-level loading doors and a large concrete loading area. The total property size is 17,250 square feet.

    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 $316.7k $18.36
    − Vacancy −$1.3k −$0.07
    EGI $315.4k $18.29
    − OpEx −$47.3k −$2.74
    NOI $268.1k $15.54
    17,250 SF · lease $18.36/SF/yr · vacancy 0.40% · expense 15.00%

    Alternative Uses

    Best Use
    Warehouse
    $3.83M
    $3.35M – $4.47M (±1% cap)
    NOI $268,127 @ 7.0% cap · market cap 5.77%
    Second Best
    Industrial
    $3.15M
    $2.76M – $3.68M (±1% cap)
    NOI $220,810 @ 7.0% cap · market cap 4.75%
    Theoretical Best
    Office A
    $5.92M
    $5.18M – $6.90M (±1% cap)
    NOI $414,265 @ 7.0% cap · market cap 8.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    UES Engineering Consultant

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Dental Office Big Box & Wholesale Store Hair Salon Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Similar Places Nearby

    • iStorage — 14150 Grant St, Moreno Valley, CA 92553
    • Atlas Storage Centers — 14150 Grant St, Moreno Valley, CA 92553
    • Alessandro Self Storage — 21941 Alessandro Blvd, Moreno Valley, CA 92553

    Location Insight

    • Map
    • Local Demand
    City
    March Air Reserve Base
    County
    Riverside
    State
    California
    Longitude
    -117.287
    Latitude
    33.9061

    FAQs

    What type of property is this?
    Warehouse - Freestanding building with mezzanine, office, lab, and loading area.
    Where is this warehouse located?
    The property is located at 14538 Meridian Pkwy March Air Reserve Base, CA.
    What is the asking price?
    The asking price for this property is $4,650,000.
    What are key features of this property?
    This property features: Free standing building offering independence and flexibility.; 12,000 SF mezzanine provides significant additional space.; Large concrete loading area for efficient operations.
    (951) 276-3662 Call to check price and availability
    We can help!
    Contact for Pricing
    Please call us for current price
    and status of this listing Toby Tewell
    Toby Tewell
    Real Estate License ID: 01822772
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    14538 Meridian Pkwy, March Air Reserve Base, CA
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!