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    5053 La Mart Dr Riverside, CA 92507

    Sponsored
    For Lease
    $26 SF/Yr

    Riverside Office Suites - 12 Units Available

    Lot size:
    19,304 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional two-story office building, Canyon Crest Financial Center, offers 19,304 square feet of traditional office space at 5053 La Mart Dr, Riverside, CA 92507. Built in 1981, the property boasts 12 individual suites, currently featuring 866 square feet of vacant space. The building provides ample parking with 77 spaces available for tenants and visitors. Suite 206, a particularly attractive option, offers 2 private offices, a reception desk/lobby area, and an open conference area. This suite is available for $1,900 per month on a modified gross lease. The building is conveniently located near the Canyon Crest shopping area, offering easy access to amenities and services. The property is situated in Riverside, California, and is easily accessible via Canyon Crest Cross Street. While there are no elevators, the two-story building offers convenient access to all suites. This is an excellent opportunity for businesses seeking a well-maintained, conveniently located office space in a thriving Riverside community. The property's multiple suite configuration makes it ideal for a variety of business needs, from small startups to established companies. The available parking significantly enhances the convenience and appeal of this property.

    Property Features for 5053 La Mart Dr

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,304 SF
    Total Rate
    42468.8

    Building Details

    Year Built
    1981
    Buildings
    1
    Stories
    2

    Unit(s) available at that property

    Space
    Suite 206
    Size
    866 SF
    Rate per SF
    $26

    HighLights

    • Class A office building in Riverside's Canyon Crest submarket.
    • High‑quality finishes and modern amenities throughout.
    • Excellent visibility and accessibility from major thoroughfares.
    • Strong tenant roster with long‑term leases.
    • Ample parking available for tenants and visitors.
    Property Profile Location Intelligence

    Current Use by Public Records

    Claudia Bouslough, LMFT Marriage Or Relationship Counselor Mary R. Stanley ... Counselor Alison Twitty Counseling ... Marriage Or Relationship Counselor Erika Lazo LCSW Social Worker ORTHOPAEDIC PHYSICAL THERAPY ... Physical Therapy Clinic

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.33209236489
    Latitude
    33.95838438545

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    FAQs

    What type of property is this?
    Office Property / Space - Riverside Office Suites - 12 Units Available
    Where is this office property / space located?
    The property is located at 5053 La Mart Dr Riverside, CA.
    What is the lease rate?
    The lease rate is $26 SF/Yr.
    What are key features of this property?
    This property features: Class A office building in Riverside's Canyon Crest submarket.; High-quality finishes and modern amenities throughout.; Excellent visibility and accessibility from major thoroughfares.
    Request Owner's contact information
    5053 La Mart Dr 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
    5053 La Mart Dr Riverside, CA 92507
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