Falcon Business Park Freestanding
For Sale
Contact for pricing
14538 Meridian Pkwy, March Air Reserve Base, CA
Freestanding building with mezzanine, office, lab, and loading area.
Property Size17,250 SF
Lot Size1.38 Acres
Price / SF$269.57
Days on Market429
Property Features for 14538 Meridian Pkwy
General Information
Standard status
Active
Size
17,250 SF
Lot size
1.38 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 276-3662
Listed By:
Toby Tewell · License #01822772
(951) 276-3662
Source:
Moodyscre
Added: May 28, 2025
Changed: Jul 6
Last Checked: Jul 22 at 4:00AM
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
Investment Insights
Based on property information with market context.
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.
Key Highlights
- Free standing building offering independence and flexibility.
- 12,000 SF mezzanine provides significant additional space.
- Large concrete loading area for efficient operations.
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
NOI $268,127 @ 7.0% cap · market cap 5.77%
Second Best
Industrial
$3.15M
$2.76M – $3.68M
NOI $220,810 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$5.92M
$5.18M – $6.90M
NOI $414,265 @ 7.0% cap · market cap 8.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
270
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Market
Properties on Market for Warehouses in Riverside County
Vacancy Rate% for Industrial in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
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Frequently Asked Questions
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.
