Property Lookup
Property Lookup
  • For Sale
  • For Lease
  • Recently Sold
  • Property Lookup
  • Brokers
Back to Search
Property profile & analytics

11870 Pierce St Riverside, CA 92505-4402

  • Office buildings
  • 41,400 SF
  • 2.09 lot acres
OFF-MARKET
Last Sale
Feb 09, 2022
$20,340,000
Value Estimations
$14,060,000
Show details
Cap Rate Potential
5.8%
Office buildings
Location Intelligence
Property ID
US09-3312586
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • tk1sc Collaborative / Corporate Office
  • Family Law Advocacy Group / Divorce Lawyer / Family Law Attorney
  • Haven West Mortgage / Mortgage Lender
  • CKB VIENNA LLP / Law Firm
  • Spring To Autumn Family Counseling / Mental Health Service

Property Details for 11870 Pierce St

Year built
2006
Construction
TILT-UP CONCRETE
Lot size
2.09 lot acres
Property size
41,400 SF
Zone code
MP
Property type
Office buildings
APN
142-090-066
APU
142090066

Description

This exceptional Class A executive office space, located at 11870 Pierce St in Riverside, CA 92505, offers 4,536 square feet of immediately available space within a larger 68,027 square foot building. Situated on a substantial 73-acre lot in Riverside County, this property provides ample parking with a generous 4:1 ratio of spaces to building square footage. The building is designated as a multi-tenant property, offering a dynamic and collaborative environment. The property's "Executive Office" subtype suggests a sophisticated and upscale setting ideal for businesses seeking a prestigious address. The location in Riverside, California offers convenient access to major transportation routes and amenities. This is a rare opportunity to secure high-quality office space in a desirable location. The available space is ready for immediate occupancy, allowing for a swift and efficient transition for your business. With its impressive size and prime location, this property presents a compelling opportunity for businesses seeking to establish or expand their presence in Riverside. The building's Class A designation reflects its superior construction, amenities, and overall quality. Interested parties are encouraged to inquire further to explore this exceptional opportunity.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

    Method
    Estimation
    Statistic approach
    $14,335,000
    ML approach
    $7,820,000
  • CAP approach

    CAP Return
    Estimation
    6%
    $13,935,000
    6.5%
    $12,865,000
    7%
    $11,945,000
  • Comparable approach

    Method
    Estimation
    Statistic Estimate
    $10,237,000
    Market price range: $6.21M - $13.9M

Get a detailed, property-specific valuation — fast and free


Location Insight

  • Map
  • Local Demand
City
Riverside
County
Riverside
State
California
Longitude
-117.494
Latitude
33.9003
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
$147,308
$1,872,720
$8,265,978
$10,138,698
-
$0.00
$0.00
$0.00
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message