Industrial Property with Fenced
For Sale
Contact for pricing
977 Main St, Riverside, CA
Two buildings on 0.73 acres with loading doors.
Property Size8,500 SF
Lot Size0.73 Acres
Price / SF$232.35
Days on Market394
Property Features for 977 Main St
General Information
Standard status
Active
Size
8,500 SF
Lot size
0.73 Acres
Property subtype
INDUSTRIAL
Listing Agency:
Lee & Associates
(951) 276-3600
Listed By:
David Mudge · License #01070762
(949) 899-0557
Source:
Moodyscre
Added: Sep 12, 2025
Changed: Oct 9
Last Checked: Oct 9 at 7:05PM
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
Investment Insights
Based on property information with market context.
This industrial property features two buildings situated on a 0.73-acre lot. The property is zoned BMP, though verification is recommended. It includes four grade-level loading doors and offers a clear height of 11 feet. A fenced yard is also present.
Key Highlights
- Two Buildings on a Large 0.73 Acre Lot
- Zoned BMP (Verify)
- Fenced Yard
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$132,120
Cap Rate
6.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,400
$2.6M
Cap Rate 7%
$1,887,429
$1.9M
Cap Rate 9%
$1,468,000
$1.5M
Market Conditions
NOI Build-Up for 8,500 SF
Gross rent
$156.1K $18.36/SF
− Vacancy
−$624 −$0.07/SF
EGI
$155.4K $18.29/SF
− OpEx
−$23.3K −$2.74/SF
NOI
$132.1K $15.54/SF
Area
Riverside, CA
Vacancy
0.40%
Lease Rate
$18.36 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,642,400
Cap Rate 7%
$1,887,429
Cap Rate 9%
$1,468,000
Alternative Uses
Best Use
Warehouse
$1.89M
$1.65M – $2.20M
NOI $132,120 @ 7.0% cap · market cap 6.69%
Second Best
Industrial
$1.55M
$1.36M – $1.81M
NOI $108,805 @ 7.0% cap · market cap 5.51%
Theoretical Best
Office A
$2.92M
$2.55M – $3.40M
NOI $204,131 @ 7.0% cap · market cap 10.34%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
265
Businesses Nearby
Balanced
Demand for This Use
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Business Placement
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Industrial in West region
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Similar Off Market Nearby
- Alamo Storage — 4110 Alamo St, Riverside, CA 92501
- SecurCare Self Storage — 749 Main St, Riverside, CA 92501
- FLEETWOOD STORAGE AND LOGISTICS — 2200 Fleetwood Dr, Riverside, CA 92509
- Fruitripe — 341 Main St, Riverside, CA 92501
- Allied Storage Containers — 2901 S Riverside Ave # A, Colton, CA 92324
Frequently Asked Questions
What type of property is this?
Warehouse - Two buildings on 0.73 acres with loading doors.
Where is this warehouse located?
The property is located at 977 Main St Riverside, CA.
What is the asking price?
The asking price for this property is $1,975,000.
What are key features of this property?
This property features: Two Buildings on a Large 0.73 Acre Lot; Zoned BMP (Verify); Fenced Yard
