Freestanding Warehouse in Cottonwood
For Sale
$2,135,868
7211 Old 215 Frontage Rd., Riverside, CA 92507
Freestanding warehouse building in Cottonwood Creek Business Park.
Property Size6,492 SF
Price / SF$329
Days on Market325
Property Features for 7211 Old 215 Frontage Rd.
General Information
Standard status
Active
Size
6,492 SF
Property subtype
Industrial
Building Details
Building Size
6,492 SF
Year Built
2008
Listing Agency:
Lee & Associates
Listed By:
Vic Onorio · License #CalDRE #932747
(951) 276-3623
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Oct 9
Last Checked: Oct 16 at 8:09AM
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
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding warehouse building, constructed in 2008, is situated at the entrance to Cottonwood Creek Business Park. The property offers convenient freeway access and potential yard space. The building provides bonus storage space above the offices, featuring a concrete floor. The property has a total size of 6,492 square feet and is available with 30 days notice.
Key Highlights
- Free‑standing building.
- Constructed in 2008.
- High image, with freeway proximity.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$97,075
Cap Rate
4.54%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,500
$1.9M
Cap Rate 7%
$1,386,786
$1.4M
Cap Rate 9%
$1,078,611
$1.1M
Market Conditions
NOI Build-Up for 6,492 SF
Gross rent
$123.9K $19.08/SF
− Vacancy
−$9.7K −$1.49/SF
EGI
$114.2K $17.59/SF
− OpEx
−$17.1K −$2.64/SF
NOI
$97.1K $14.95/SF
Area
ZIP 92507
Vacancy
7.80%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,941,500
Cap Rate 7%
$1,386,786
Cap Rate 9%
$1,078,611
Alternative Uses
Best Use
Warehouse
$1.39M
$1.21M – $1.62M
NOI $97,075 @ 7.0% cap · market cap 4.54%
Second Best
Industrial
$1.14M
$999.3K – $1.33M
NOI $79,944 @ 7.0% cap · market cap 3.74%
Theoretical Best
Office A
$2.22M
$1.95M – $2.60M
NOI $155,743 @ 7.0% cap · market cap 7.29%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
583
Businesses Nearby
Under-served
Demand for This Use
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
Market
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
- Warehouse 2 — Riverside, CA 92507
- RightSpace Storage — 1385 W Blaine St, Riverside, CA 92507
- Westend Logistics — 2939 Elgin Dr, Riverside, CA 92507
Frequently Asked Questions
What type of property is this?
Warehouse - Freestanding warehouse building in Cottonwood Creek Business Park.
Where is this warehouse located?
The property is located at 7211 Old 215 Frontage Rd. Riverside, CA.
What is the asking price?
The asking price for this property is $2,135,868.
What are key features of this property?
This property features: Free‑standing building.; Constructed in 2008.; High image, with freeway proximity.
