Riverside Storage Facility For
5870 Jasmine St, Riverside, CA 92504
7,920 sq ft storage facility in Riverside, CA.
Type:Industrial, Self Storage
Property size:
7,920 SFLot size:
0.46 AcresPrice / SF:
$233/SF- Added:
- Feb 13, 2026
- Days on Market:
- 146
- Last Refresh:
- Jun 28 at 5:31 pm
Property Features for 5870 Jasmine St
General Information
- Standard status
- Active
- Size
- 7,920 SF
- Lot size
- 0.46 Acres
- Property subtype
- Industrial, Self Storage
Building Details
- Year Built
- 1974
Listing office Calvary Realty
Listing date Feb 13, 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 High‑Demand Market: Immediate income generation.
- Potential for Rent Increases: Improve profitability.
- Suitable for Owner‑User: Operate a business while generating rental income.
- High Traffic Location: Located near a busy intersection.
- Large Units Sought After by Contractors: Indicates a reliable tenant base.
- Recent Electrical and Plumbing Upgrades: Reduces potential maintenance costs.
Overview
Located at 5870 Jasmine Street in Riverside, CA, Jasmine Street Storage is a single-story storage facility constructed in 1974 and 1989, featuring concrete, metal, and wood construction. The facility offers 7,920 rentable square feet of enclosed storage, divided into 20 units, situated on 0.46 acres of land. The property is positioned approximately 400 yards north of the Jurupa and Jasmine Street intersection, which experiences a traffic count exceeding 13,000 vehicles per day. The facility is currently fully occupied in a market demonstrating high demand for self-storage space. The larger units are particularly desirable among contractors, including plumbers, electricians, mechanics, handymen, and construction workers. Given the high occupancy rate and strong demand for storage in Riverside, there is potential for rent increases and further revenue enhancement. The property includes an on-site manager and is surrounded by a mix of commercial and residential developments. 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.
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.
Property Profile
Location Intelligence
Current Use by Public Records
Self storage facilities
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, CA.
Where is this self storage facility located?
The property is located at 5870 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 High‑Demand Market: Immediate income generation.; Potential for Rent Increases: Improve profitability.; Suitable for Owner‑User: Operate a business while generating rental income.
