Divisible Freestanding Industrial
For Sale
Contact for pricing
5852 Jasmine St, Riverside, CA 92504
Small freestanding industrial building offers divisible space plus a fenced yard and dedicated office area.
Property Size4,636 SF
Price / SF$285
Days on Market236
Property Features for 5852 Jasmine St
General Information
Standard status
Active
Size
4,636 SF
Property subtype
INDUSTRIAL
Site & Location
Fenced Yard
Yes
Outdoor Storage
Yes
Listing Agency:
Newmark - Ontario
(909) 605-1100
Listed By:
Randy Lockhart · License #00974981
(909) 974-4067
Source:
Moodyscre
Added: Jan 21
Changed: Sep 3
Last Checked: Sep 14 at 8:39AM
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 Newmark - Ontario
Investment Insights
Based on property information with market context.
A rare small freestanding industrial building that can be divided into three units. The property includes a private fenced yard area totaling 2,068 SF and 1,436 SF of office space, supporting flexible use for office-and-warehouse style operations.
For sale as a standalone industrial asset at 5852 Jasmine St in Riverside, CA 92504.
For sale as a standalone industrial asset at 5852 Jasmine St in Riverside, CA 92504.
Key Highlights
- Small freestanding industrial building with divisible space into 3 units
- 1,436 SF office space included
- 2,068 SF private fenced yard area
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
$88,768
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
6.72%
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%
$1,775,360
$1.8M
Cap Rate 7%
$1,268,114
$1.3M
Cap Rate 9%
$986,311
$986.3K
Market Conditions
NOI Build-Up for 4,636 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
$128.0K $27.60/SF
− Vacancy
−$9.6K −$2.07/SF
EGI
$118.4K $25.53/SF
− OpEx
−$29.6K −$6.38/SF
NOI
$88.8K $19.15/SF
Area
ZIP 92504
Vacancy
7.50%
Lease Rate
$27.60 /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%
$1,775,360
Cap Rate 7%
$1,268,114
Cap Rate 9%
$986,311
Alternative Uses
Best Use
Office B
$1.27M
$1.11M – $1.48M
NOI $88,768 @ 7.0% cap · market cap 6.72%
Second Best
Flex RnD
$897.3K
$785.1K – $1.05M
NOI $62,811 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M
NOI $111,217 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Fenced yard
Location Intelligence
Trade Area within ½ mile
399
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92504, CA
54,642
Population
17,038
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
82%
High-School Grad
22.7 sq mi
ZIP Area
2,407
Density / Sq Mi
$88,168
Median Household Income
$39,539
Median Earnings
$1,758
Median Rent
$501,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Flex space - Small freestanding industrial building offers divisible space plus a fenced yard and dedicated office area.
Where is this flex space located?
The property is located at 5852 Jasmine St Riverside, CA.
What is the asking price?
The asking price for this property is $1,321,260.
What are key features of this property?
This property features: Small freestanding industrial building with divisible space into 3 units; 1,436 SF office space included; 2,068 SF private fenced yard area
