Renovated Freestanding Flex
For Sale
Contact for pricing
3133 Mission Inn Avenue, Riverside, CA 92507
Single-story office and warehouse configuration with contractor-yard use grandfathered in place.
Property Size37,000 SF
Price / SF$214.86
Days on Market81
Property Features for 3133 Mission Inn Avenue
General Information
Standard status
Active
Size
37,000 SF
Class
C
Property subtype
Office, Industrial
Zoning
Grandfathered Use for Contractors Yard (call for details)
Investment Type
Owner/User
Site & Location
Neighborhood
Eastside
Building Details
Year Built
1946
Year Renovated
2024
Buildings
1
Stories
2
Units
2
Tenancy
Multi
Listing Agency:
Ashwill Associates Commercial Real Estate
Listed By:
Kyle Williams · License #CA 02015940
(949) 293-6788
Source:
Crexi
Added: Aug 11
Changed: Oct 26
Last Checked: Oct 28 at 6:15AM
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 Ashwill Associates Commercial Real Estate
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Investment Insights
Based on property information with market context.
This freestanding flex property at 3133 Mission Inn Ave in Riverside combines 22,200 SF of fully renovated, single-floor office space with warehouse improvements. The building includes eight grade-level doors and 20-foot warehouse clearance, supporting a range of operational requirements within the existing configuration.
The property also carries a grandfathered use for a contractors yard, with additional details available for review. Reported building infrastructure includes 800 amps, 240-volt, three-phase power, subject to verification. The overall property size is 37,000 square feet.
The property also carries a grandfathered use for a contractors yard, with additional details available for review. Reported building infrastructure includes 800 amps, 240-volt, three-phase power, subject to verification. The overall property size is 37,000 square feet.
Key Highlights
- 22,200 SF of fully renovated, single‑floor office space
- Eight (8) GL doors for warehouse access
- 20' warehouse clearance
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$700,549
Cap Rate
8.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,010,980
$14.0M
Cap Rate 7%
$10,007,843
$10.0M
Cap Rate 9%
$7,783,878
$7.8M
Market Conditions
NOI Build-Up for 37,000 SF
Gross rent
$999.0K $27.00/SF
− Vacancy
−$64.9K −$1.76/SF
EGI
$934.1K $25.25/SF
− OpEx
−$233.5K −$6.31/SF
NOI
$700.5K $18.93/SF
Area
ZIP 92507
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$14,010,980
Cap Rate 7%
$10,007,843
Cap Rate 9%
$7,783,878
Alternative Uses
Best Use
Office B
$10.01M
$8.76M – $11.68M
NOI $700,549 @ 7.0% cap · market cap 8.81%
Second Best
Warehouse
$7.90M
$6.92M – $9.22M
NOI $553,261 @ 7.0% cap · market cap 6.96%
Theoretical Best
Office A
$12.68M
$11.10M – $14.79M
NOI $887,627 @ 7.0% cap · market cap 11.17%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
2,653
Businesses Nearby
Under-served
Demand for This Use
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Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
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Market
Vacancy Rate% for Office in West region
Similar Off Market Nearby
- Park Avenue Restaurant Polynesian and Mexican Store — 4038 Park Ave, Riverside, CA 92507
- McGrath's Catering — 409210th street, riverside, ca 92501
- Progany Principles/ Caribbean and Soul Kitchen — Cedar St, Riverside, CA 92501
Frequently Asked Questions
What type of property is this?
Flex space - Single-story office and warehouse configuration with contractor-yard use grandfathered in place.
Where is this flex space located?
The property is located at 3133 Mission Inn Avenue Riverside, CA.
What is the asking price?
The asking price for this property is $7,950,000.
What are key features of this property?
This property features: 22,200 SF of fully renovated, single‑floor office space; Eight (8) GL doors for warehouse access; 20' warehouse clearance
