21870 Van Buren Blvd March Air Reserve Base, CA 92518
- Manufacturing properties
- 12,520 SF
Current Use by Public Records
- Manufacturing properties
Property Details for 21870 Van Buren Blvd
- Year built
- 2020
- Construction
- TILT-UP CONCRETE
- Property size
- 12,520 SF
- Property type
- Manufacturing properties
- APN
- 294-701-016
- APU
- 294701016
Description
This exceptional 12,520-square-foot freestanding warehouse, built in 2020, is available for lease in the desirable March Air Reserve Base area of Riverside County, California. The property boasts a single-tenant occupancy, offering complete control and flexibility for the lessee. The warehouse features a generous 12-foot ceiling height, providing ample vertical space for storage and operations. With 54 parking spaces available, accommodating employees and visitors is effortless. The building is equipped with robust power capabilities, featuring 400 AMPS of 277/480 power, ensuring sufficient energy for even the most demanding industrial applications. Located at 21870 Van Buren Boulevard, 92518, this property offers easy access to major transportation routes, making logistics and distribution seamless. The building's modern construction and ample amenities make it an ideal space for a variety of industrial businesses seeking a functional and efficient workspace in a prime Riverside County location. The entire 12,520 square feet is currently vacant, ready for immediate occupancy. This is a rare opportunity to secure a high-quality, modern warehouse in a strategic location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,875,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,740,000
- 6.5%
- $3,270,000
- 7%
- $3,270,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,640,000
- Geo Method
- $2,755,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,555,000
- Retail
- $3,195,000
- Mixed-Use
- $3,040,000
- Hospitality
- $3,585,000
- Educational
- $2,880,000
- Residential Income
- $2,710,000
- Energy
- $3,520,000
- Income-Based Land
- $3,555,000
- Food Service
- $3,440,000
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.281
- Latitude
- 33.8892
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA