Industrial Property With Gated
For Sale
$17,380,000
600 Palmyrita Ave, Riverside, CA 92507
Industrial property features a fenced, paved, gated yard with drive-around access and expandable power to 2,000 amps.
Property Size72,040 SF
Days on Market205
Property Features for 600 Palmyrita Ave
General Information
Standard status
Active
Size
72,040 SF
Property subtype
Industrial - Manufacturing
Site & Location
Neighborhood
Hunter Industrial Park
Highway Access
Yes
Fenced Yard
Yes
Outdoor Storage
Yes
Building Details
Building Size
72,040 SF
Year Built
2000
Listing Agency:
Lee & Associates
Listed By:
Rocky Moran · License #01841701
(951) 276-3681
Source:
Commercialcafe
Added: Apr 4
Changed: Sep 22
Last Checked: Oct 24 at 1:50PM
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
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Investment Insights
Based on property information with market context.
This industrial property is offered for sale with a fenced, paved, gated yard designed for drive-around access. The configuration supports efficient on-site circulation, and the site includes a large private yard. Power is expandable up to 2,000 amps, supporting a range of industrial electrical needs.
The property is located in the Hunter Park area near the I-215, CA-91, and CA-60 freeways, providing convenient access for logistics and daily operations. Availability is scheduled at close of escrow.
For buyers seeking an industrial site with yard functionality and scalable electrical capacity, this offering combines drive-around circulation with expandable power up to 2,000 amps.
The property is located in the Hunter Park area near the I-215, CA-91, and CA-60 freeways, providing convenient access for logistics and daily operations. Availability is scheduled at close of escrow.
For buyers seeking an industrial site with yard functionality and scalable electrical capacity, this offering combines drive-around circulation with expandable power up to 2,000 amps.
Key Highlights
- Industrial property built in 2000
- Fenced, paved, gated yard with drive‑around configuration
- Drive‑around access for on‑site vehicle movement
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$887,117
Cap Rate
5.10%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,742,340
$17.7M
Cap Rate 7%
$12,673,100
$12.7M
Cap Rate 9%
$9,856,856
$9.9M
Market Conditions
NOI Build-Up for 72,040 SF
Gross rent
$1.37M $19.08/SF
− Vacancy
−$107.2K −$1.49/SF
EGI
$1.27M $17.59/SF
− OpEx
−$380.2K −$5.28/SF
NOI
$887.1K $12.31/SF
Area
ZIP 92507
Vacancy
7.80%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$17,742,340
Cap Rate 7%
$12,673,100
Cap Rate 9%
$9,856,856
Alternative Uses
Best Use
Industrial
$12.67M
$11.09M – $14.79M
NOI $887,117 @ 7.0% cap · market cap 5.10%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$24.69M
$21.60M – $28.80M
NOI $1,728,234 @ 7.0% cap · market cap 9.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
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Current Use
Lease Details
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
282
Businesses Nearby
Explore this area
Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Industrial in West region
Frequently Asked Questions
What type of property is this?
Manufacturing property - Industrial property features a fenced, paved, gated yard with drive-around access and expandable power to 2,000 amps.
Where is this manufacturing property located?
The property is located at 600 Palmyrita Ave Riverside, CA.
What is the asking price?
The asking price for this property is $17,380,000.
What are key features of this property?
This property features: Industrial property built in 2000; Fenced, paved, gated yard with drive‑around configuration; Drive‑around access for on‑site vehicle movement
