8864 Jurupa RdRiverside, CA 92509

Property Details for 8864 Jurupa Rd

Year built

1930

Construction

WOOD

Lot size

2.71 AC

Property size (Sq ft)

1,064 SF

Zone code

A1

Property type

Retail properties

Property subtype

Retail space

APN

169-280-022

APU

169280022

Description

This exceptional 19,270-square-foot industrial property, situated on 2.71 acres in Jurupa Valley, CA (92509), presents a compelling investment opportunity. Currently 100% occupied with multiple month-to-month tenants, this versatile space offers significant upside potential. The property features multiple metal structures on-site, boasting a 0.18 floor area ratio (FAR). Zoned for Business Park use, it allows for a wide range of industrial and commercial applications. The asking price is $6,295,000, translating to $326.67 per square foot. Located at 8864 Jurupa Road, this prime location provides unparalleled access to major freeways in the highly desirable IE West region. The property's flexible zoning and strong occupancy rate make it an ideal asset for both owner-users seeking to establish or expand their operations and investors looking for a stable, high-yield investment with potential for rent optimization. The APN is 169-280-022. This is a gross lease property.

• CAP approach

  CAP return

  Valuation

  6%

  $389,556

  6.5%

  $359,590

  7%

  $333,905

• Comparable approach

  Method

  Valuation

  Relative Method

  $454,613

  Geo Method

  $943,730

• Alternative Use

  Use

  Valuation

  Residential

  $303,328

  Hospitality

  $277,847

  Educational

  $231,165

  Medical

  $239,115

  Retail

  $359,590

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.998

Longitude

-117.477

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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