148 Iowa Ave Riverside, CA 92507
This exceptional 1,062 square foot industrial property, situated on a 0.41-acre lot in Riverside, California, presents a unique investment opportunity. The property boasts a convenient C-1/CP zoning designation, making it suitable for a range of businesses. Its ideal location offers easy access to the 215 freeway via La Cadena, ensuring excellent connectivity. The building itself features two entrances for convenient access and a fenced yard area providing ample secure space. The property's street frontage on Iowa Avenue offers high visibility and accessibility. Potential uses include automotive service, contractor yard, auto parking, storage, or a building materials site. The property's features, combined with its strategic location and zoning, make it an attractive option for investors and entrepreneurs seeking a versatile industrial space. The lot size provides ample room for expansion or outdoor operations. The APN is 247-041-014. This is a rare opportunity to acquire a well-located industrial property in a thriving area of Riverside.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.