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    1980 Eastridge Ave Riverside, CA 92507

    Sponsored
    For Sale
    $14,600,000

    Class A, 40,000 SF Warehouse for Sale

    Property size:
    40,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A industrial property, located at 1980 Eastridge Avenue in Riverside, California (92507), offers 40,000 square feet of versatile space ideal for distribution, manufacturing, or warehousing. Built in 2024, this brand-new facility sits on a 3.52-acre lot within the prestigious Sycamore Canyon Business Center, boasting high-profile corporate neighbors such as Cardinal Health, Pepsi, Kroger, DSC Logistics, Amazon, and Big 5 Sporting Goods. The property features four 9' x 10' dock-high doors (two equipped with 35,000 lb pit levelers), one 16' x 14' grade-level door, and a substantial 32-foot warehouse clearance height. Additional amenities include approximately 1,000 square feet of pre-built office space, a secured concrete truck court, 3% skylights for natural light, and ample power with 2,000 amps. Its strategic location provides direct freeway access via the I-215 and 60 interchange, ensuring efficient transportation and logistics. The expansive 3.52-acre lot also offers an extra-large yard for added operational flexibility. This property presents a unique opportunity to acquire a state-of-the-art industrial facility in a prime Riverside location. Asking price is $14,600,000.

    Property Features for 1980 Eastridge Ave

    General Information

    Property type
    Distribution properties
    Square Feet
    40,000 SF
    Class
    A
    Lot Size
    153,331 SF

    Building Details

    Year Built
    2024

    HighLights

    • 40,000 SF available on 3.52 acres.
    • Large yard.
    • 1,000 SF of existing office space.
    • Class A, new construction industrial building.
    • High‑profile Sycamore Canyon location.
    • Easy freeway access via I‑215 and I‑60 interchange.
    Property Profile Location Intelligence

    Current Use by Public Records

    Ezelli Hair Salon Beauty Salon

    Suggested Use

    Restaurant Realty agency Law Firm Spa & Massage Building Supply Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.297336
    Latitude
    33.931826

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    FAQs

    What type of property is this?
    Distribution property - Class A, 40,000 SF Warehouse for Sale
    Where is this distribution property located?
    The property is located at 1980 Eastridge Ave Riverside, CA.
    What is the asking price?
    The asking price for this property is $14,600,000.
    What are key features of this property?
    This property features: 40,000 SF available on 3.52 acres.; Large yard.; 1,000 SF of existing office space.
    Request Owner's contact information
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    Riverside, CA 92507
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1980 Eastridge Ave Riverside, CA 92507
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