Jurupa Valley Mixed-Use
For Sale
Contact for pricing
3855 Stobbs Way, Jurupa Valley, CA 92509
Mixed-use property with retail and residential income potential.
Property Size18,444 SF
Price / SF$433.75
Days on Market205
Property Features for 3855 Stobbs Way
General Information
Standard status
Active
Size
18,444 SF
Property subtype
Retail, Multifamily, Office, Land
Zoning
C-1/C-P (General Commercial)
Investment Type
Value Add
Net Operating Income
$384,292
Building Details
Year Built
2021
Stories
5
Tenancy
Multi
Listing Agency:
Lee & Associates - Riverside
(951) 276-3600
Listed By:
Frank Vora · License #CA 01793683
Source:
Crexi
Added: Jan 15
Changed: Aug 8
Last Checked: Aug 8 at 6:37AM
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 mixed-use property in Jurupa Valley, California, offers 18,444 square feet of space. The property is suitable for retail, residential income, and office uses, as well as other commercial real estate ventures. The property is for sale.
Key Highlights
- Retail Property
- 18,444 SqFt of retail space
- Year Built: 2021
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
$303,839
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
3.80%
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%
$6,076,780
$6.1M
Cap Rate 7%
$4,340,557
$4.3M
Cap Rate 9%
$3,375,989
$3.4M
Market Conditions
NOI Build-Up for 18,444 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
$486.9K $26.40/SF
− Vacancy
−$81.8K −$4.44/SF
EGI
$405.1K $21.96/SF
− OpEx
−$101.3K −$5.49/SF
NOI
$303.8K $16.47/SF
Area
Jurupa Valley, CA
Vacancy
16.80%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
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%
$6,076,780
Cap Rate 7%
$4,340,557
Cap Rate 9%
$3,375,989
Alternative Uses
Best Use
Office B
$4.34M
$3.80M – $5.06M
NOI $303,839 @ 7.0% cap · market cap 3.80%
Second Best
Mixed Use
$4.28M
$3.74M – $4.99M
NOI $299,457 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$6.08M
$5.32M – $7.09M
NOI $425,375 @ 7.0% cap · market cap 5.32%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
Explore this area
Business Placement
Demographics for 92509, CA
78,166
Population
20,929
Households
3.7
Avg Household Size
34
Median Age
14%
College-Educated
72%
High-School Grad
30.7 sq mi
ZIP Area
2,546
Density / Sq Mi
$95,218
Median Household Income
$40,015
Median Earnings
$1,698
Median Rent
$501,200
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property with retail and residential income potential.
Where is this mixed-use property located?
The property is located at 3855 Stobbs Way Jurupa Valley, CA.
What is the asking price?
The asking price for this property is $8,000,000.
What are key features of this property?
This property features: Retail Property; 18,444 SqFt of retail space; Year Built: 2021
