6529 Riverside AveRiverside, CA 92506

  • Office properties
  • 5,664 SF
For Lease
$22.20/SF/YR View listing

Property Details for 6529 Riverside Ave

Year built
1979
Construction
WOOD
Lot size
1.85 AC
Property size (Sq ft)
5,664 SF
Zone code
R0
Property type
Office properties
Property subtype
Office buildings
APN
225-334-022
APU
225334022

Description

This exceptional two-story office building, totaling 25,720 square feet, presents a unique investment opportunity in Riverside, CA. Located at 6529 Riverside Avenue, 92506, this property offers a variety of suite sizes, ranging from a minimum of 1,109 square feet to a maximum contiguous space of 2,466 square feet. Currently, 6,151 square feet of space is immediately available for lease. The building caters to diverse business needs, accommodating traditional office, executive office, coworking, medical office, and creative office spaces. The property features convenient elevator service and ample parking, with a ratio of 4 spaces per 1,000 square feet. Onsite property management ensures responsive service. Enjoy a tranquil central courtyard complete with a soothing fountain and stream, providing a relaxing atmosphere for tenants and visitors. Benefit from excellent freeway visibility and accessibility, and enjoy proximity to the Riverside Plaza Regional Shopping Center, less than a mile away via Riverside Avenue. This property is situated in Riverside County and offers a compelling blend of functionality, convenience, and aesthetic appeal, making it an ideal investment for discerning businesses.

Valuation
by Realmo methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,556,696
    6.5%
    $1,436,950
    7%
    $1,334,311
  • Comparable approach

    Method
    Valuation
    Relative Method
    $993,593
    Geo Method
    $1,993,558
  • Alternative Use

    Use
    Valuation
    Residential
    $1,781,818
    Hospitality
    $1,632,136
    Educational
    $1,357,918
    Medical
    $1,404,619
    Retail
    $2,112,317
6529 Riverside Ave, Riverside, California
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Location Insight

City
Riverside
County
Riverside
State
California
Latitude
33.9476
Longitude
-117.389
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$25,921
$788,277
$1,543,676
$2,331,953
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FAQs

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