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Divisible Freestanding Industrial Building
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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 Market190

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
Listed By: Randy Lockhart · License #00974981
Source: Moodyscre
Added: Jan 21 Changed: Jul 26 Last Checked: Jul 26 at 9:05PM

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.

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 For Office B

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 $128.0k $27.60
− Vacancy −$9.6k −$2.07
EGI $118.4k $25.53
− OpEx −$29.6k −$6.38
NOI $88.8k $19.15
4,636 SF · lease $27.60/SF/yr · vacancy 7.50% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,768 @ 7.0% cap · market cap 6.72%
Second Best
Flex RnD
$897.3K
$785.1K – $1.05M (±1% cap)
NOI $62,811 @ 7.0% cap · market cap 4.75%
Theoretical Best
Office A
$1.59M
$1.39M – $1.85M (±1% cap)
NOI $111,217 @ 7.0% cap · market cap 8.42%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Prestige Motorsports Auto Parts Store

Suggested Use

Top Pick Restaurant Real Estate Agency Spa & Massage Center Law Firm Pharmacy Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Fenced yard

Location Intelligence

Trade Area within ½ mile

425
Businesses Nearby
Balanced
Demand for This Use

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

Market

Vacancy Rate% for Office in West region

11% 2019
14.1% 2020
15.5% 2021
17.2% 2022
19.9% 2023
21% 2024
20.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

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
(909) 974-4067 Call to check price and availability
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