Industrial Condo Flex
1541 Marlborough Ave Riverside, CA 92507
For Sale
Contact for pricing
Industrial condo unit built in 2005 with flexible BMP zoning in Hunter Park, Riverside.
Property Size7,639 SF
Price / SF$259
Days on Market135
Property Features for 1541 Marlborough Ave
General Information
- Standard status
- Active
- Size
- 7,639 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2005
Listing Agency:
Lee & Associates - Riverside
(951) 276-3681
Listed By:
Rocky Moran · License #CA 01841701
Source:
Crexi
Added: Mar 14
Changed: Jul 23
Last Checked: Jul 25 at 3:16PM
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 - Riverside
Investment Insights
Based on property information with market context.
This industrial condo unit offers a flexible flex/industrial configuration within a 2005 construction building. The property is identified as an industrial condo unit, providing a compact ownership option within the broader industrial condo setting.
The asset is located at 1541 Marlborough Ave in Riverside, CA, in Hunter Park. The property is described as having Flexible BMP zoning.
Offered for sale, this unit is sized at 7,639 square feet, making it well suited for buyers seeking an industrial condo format with flexible zoning designation.
The asset is located at 1541 Marlborough Ave in Riverside, CA, in Hunter Park. The property is described as having Flexible BMP zoning.
Offered for sale, this unit is sized at 7,639 square feet, making it well suited for buyers seeking an industrial condo format with flexible zoning designation.
Key Highlights
- Industrial condo unit built in 2005
- Located in Hunter Park, Riverside
- Flexible BMP zoning
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 | $145.8k | $19.08 |
| − Vacancy | −$11.4k | −$1.49 |
| EGI | $134.4k | $17.59 |
| − OpEx | −$20.2k | −$2.64 |
| NOI | $114.2k | $14.95 |
7,639 SF · lease $19.08/SF/yr · vacancy 7.80% · expense 15.00%
Alternative Uses
Best Use
Warehouse
$1.63M
$1.43M – $1.90M
NOI $114,226 @ 7.0% cap · market cap 5.77%
Second Best
Flex RnD
$1.54M
$1.35M – $1.80M
NOI $108,056 @ 7.0% cap · market cap 5.46%
Theoretical Best
Office A
$2.62M
$2.29M – $3.05M
NOI $183,259 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Select ACR, Inc.
HVAC Service
Similar Off Market Nearby
- Martinez cocktails — 1200 Edelweiss Ave, Riverside, CA 92501
FAQs
What type of property is this?
Flex space - Industrial condo unit built in 2005 with flexible BMP zoning in Hunter Park, Riverside.
Where is this flex space located?
The property is located at 1541 Marlborough Ave Riverside, CA.
What is the asking price?
The asking price for this property is $1,978,501.
What are key features of this property?
This property features: Industrial condo unit built in 2005; Located in Hunter Park, Riverside; Flexible BMP zoning
