Freestanding Warehouse in Cottonwood
7211 Old 215 Frontage Rd. Riverside, CA 92507
For Sale
$2,135,868
Freestanding warehouse building in Cottonwood Creek Business Park.
Property Size6,492 SF
Price / SF$329
Days on Market245
Property Features for 7211 Old 215 Frontage Rd.
General Information
Standard status
Active
Size
6,492 SF
Property subtype
Industrial
Building Details
Year Built
2008
Listing Agency:
Lee & Associates - Riverside
(951) 276-3623
Listed By:
Vic Onorio · License #CalDRE #932747
Source:
Lee-associates
Added: Nov 26, 2025
Changed: Jul 6
Last Checked: Jul 29 at 5:39AM
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 - Riverside
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 For Warehouse
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 | $123.9k | $19.08 |
| − Vacancy | −$9.7k | −$1.49 |
| EGI | $114.2k | $17.59 |
| − OpEx | −$17.1k | −$2.64 |
| NOI | $97.1k | $14.95 |
6,492 SF · lease $19.08/SF/yr · vacancy 7.80% · expense 15.00%
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.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- Westend Logistics — 2939 Elgin Dr, Riverside, CA 92507
- Warehouse 2 — Riverside, CA 92507
- RightSpace Storage — 1385 W Blaine St, 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.
