Riverside Storage Facility For
5864 Jasmine St, Riverside, CA 92504
7,920 sq ft storage facility in Riverside, California.
Type:Industrial, Office, Retail
Property size:
7,920 SFLot size:
0.46 AcresPrice / SF:
$233/SF- Added:
- Mar 23, 2026
- Days on Market:
- 109
- Last Refresh:
- Jun 28 at 10:55 pm
Property Features for 5864 Jasmine St
General Information
- Standard status
- Active
- Size
- 7,920 SF
- Lot size
- 0.46 Acres
- Property subtype
- Industrial, Office, Retail
Building Details
- Year Built
- 1974
Listing office Calvary Realty
Listing date Mar 23, 2026
Source Crexi
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 Calvary Realty
HighLights
- 100% Occupancy in a High‑Demand Market
- Value‑Add Potential to increase rents
- Suitable for Owner‑User due to recent upgrades and rental income
- Strategic Location with high traffic near Jurupa & Jasmine St
- Large Units Attract Contractors ensuring consistent tenants
- Ideal Starter Property for a first‑time storage buyer
Overview
The Jasmine Street Storage facility, located at 5870 Jasmine Street in Riverside, California, is a single-story structure constructed in 1974 and 1989 using concrete, metal, and wood. The property features 7,920 rentable square feet of enclosed storage, divided into 20 units, situated on 0.46 acres of land. The facility is currently 100% occupied. The property is located 400 yards north of the Jurupa and Jasmine Street intersection, which experiences a traffic count exceeding 13,000 vehicles per day. The large units are highly sought after by contractors such as plumbers, electricians, mechanics, handymen, and construction workers. Recent electrical and plumbing upgrades position this property as a strong owner-user opportunity. A business owner can operate out of one building while generating steady income from tenants in the other. This built-in rental revenue creates an additional income stream that can help offset operating expenses and reduce overhead, making it an efficient and strategic setup for an owner-operator looking to combine workspace and investment in one property. The facility is surrounded by a variety of commercial and residential developments.
Local Financial Insights For Industrial
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 | $145.4k | $18.36 |
| − Vacancy | −$3.6k | −$0.46 |
| EGI | $141.8k | $17.90 |
| − OpEx | −$42.5k | −$5.37 |
| NOI | $99.2k | $12.53 |
7,920 SF · lease $18.36/SF/yr · vacancy 2.50% · expense 30.00%
Alternative Uses
Best Use
Industrial
$1.42M
$1.24M – $1.65M
NOI $99,243 @ 7.0% cap · market cap 5.36%
Second Best
Self Storage
$1.22M
$1.07M – $1.43M
NOI $85,688 @ 7.0% cap · market cap 4.63%
Theoretical Best
Office A
$2.71M
$2.38M – $3.17M
NOI $190,000 @ 7.0% cap · market cap 10.27%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Mds Furniture Upholstery
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.4403656
- Latitude
- 33.9642978
Nearby Similar for Sale
FAQs
What type of property is this?
Self storage facility - 7,920 sq ft storage facility in Riverside, California.
Where is this self storage facility located?
The property is located at 5864 Jasmine St Riverside, CA.
What is the asking price?
The asking price for this property is $1,850,000.
What are key features of this property?
This property features: 100% Occupancy in a High‑Demand Market; Value‑Add Potential to increase rents; Suitable for Owner‑User due to recent upgrades and rental income
