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    1533 Spruce St Riverside, CA 92507

    Sponsored
    For Lease
    $2 SF/Yr ($4,404 /Mo)

    Modern Flex/Warehouse Space Available

    Lot size:
    24,025 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Spruce Commons, located at 1533 Spruce Street in Riverside, CA 92507, offers 19,692 square feet of immediately available flex and warehouse space for lease. This multi-tenant property, totaling 24,025 square feet, sits on a 1.13-acre lot and features a three-story building constructed in 1986. Units range from a minimum of 1,123 square feet to a maximum contiguous space of 6,266 square feet, providing flexibility for a variety of business needs. The building includes elevators for convenient access to all three floors. The property's classification as both office and industrial space makes it ideal for businesses requiring a blend of office and warehouse functionality. Its location in Riverside County offers easy access to major transportation routes, making it a strategic location for distribution and operations. The property is currently vacant, presenting a unique opportunity for a single tenant to occupy a significant portion of the building or for multiple tenants to lease individual units. This versatile space is perfect for companies seeking a blend of office and warehouse space in a convenient Riverside location. Inquire today to learn more about leasing opportunities at Spruce Commons.

    Property Features for 1533 Spruce St

    General Information

    Property type
    Distribution properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    24,025 SF
    Total Rate
    4404.58

    Building Details

    Year Built
    1986
    Stories
    3

    Unit(s) available at that property

    Space
    Suite 330
    Size
    2,142 SF
    Rate per SF
    $2
    Space
    Suite 340
    Size
    1,142 SF
    Rate per SF
    $2
    Space
    Suite 350
    Size
    2,963 SF
    Rate per SF
    $2
    Space
    Suite 360
    Size
    1,123 SF
    Rate per SF
    $2
    Space
    Suite 100
    Size
    6,266 SF
    Rate per SF
    $2
    Space
    Suite 260
    Size
    1,129 SF
    Rate per SF
    $2
    Space
    Suite 230
    Size
    2,670 SF
    Rate per SF
    $2

    HighLights

    • 19,692 SF of immediately available flex/warehouse space for lease in Riverside, CA.
    • 24,025 SF total building on a 1.13‑acre lot.
    • Three‑story building with elevator access, offering units ranging from 1,123 SF to 6,266 SF.
    • Prime location with easy freeway access (91/215/60) and abundant free parking.
    • Prominent building signage available, professionally managed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Wayne Tucker Law Bankruptcy Attorney

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.344616
    Latitude
    33.9907161

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    FAQs

    What type of property is this?
    Distribution property - Modern Flex/Warehouse Space Available
    Where is this distribution property located?
    The property is located at 1533 Spruce St Riverside, CA.
    What is the lease rate?
    The lease rate is $2 SF/Yr.
    What are key features of this property?
    This property features: 19,692 SF of immediately available flex/warehouse space for lease in Riverside, CA.; 24,025 SF total building on a 1.13-acre lot.; Three-story building with elevator access, offering units ranging from 1,123 SF to 6,266 SF.
    Request Owner's contact information
    1533 Spruce St Riverside, CA 92507
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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
    1533 Spruce St Riverside, CA 92507
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