New search
Property profile & analytics
OFF-MARKET
Estimated value
$34,245,000
Manufacturing properties
12000 Magnolia Ave Riverside, CA 92503-4920
Entity Owned
4-yr Hold
Absentee Owner
Free & Clear
Property ID
US09-3537514
Property profile
Verified
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Year built
2018
Construction
TILT-UP CONCRETE
Total area
129,911 SF
Lot
6.1 ac (265,716 SF)
APN
135-220-041
UPID
US09-3537514
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
12000 Magnolia Avenue Warehouse & Storage
-
Dot Dot Smile Clothing & Fashion Store
-
Aster Graphics Inc Toner Cartridge Supplier
-
HParty suite 101 Corporate Office
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
$24.61M
Comparable Approach
Comparable
$44.94M
Blend (final)
Blend
$34.25M
Owner & transaction history
Ca Ibg Magnolia De LLC · 4 yrs held
Ca Ibg Magnolia De LLC
since 2021
Last sale
$35.0M
2 recorded transactions
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Retail stores
$43.6M
+37.8%
Medical building
$37.9M
+19.8%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$41,085,000
ML approach
by Request
CAP Approach
CAP Return
Estimation
6%
$26,665,000
6.5%
$24,610,000
7%
$22,855,000
Alternative Use
Use
Estimation
INDUSTRIAL (GENERAL)
$31,655,000
Current use
RETAIL STORES
$43,625,000
Change: +38% · Conversion: Moderate
MEDICAL BUILDING
$37,925,000
Change: +20% · Conversion: Difficult
Blend value · Realmo final
$34.25M
Range $30.82M – $37.67M · ±10% · vs last sale $35.00M (Oct 19 2021)
Last sale anchor
$35.00M
Oct 19 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$264 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$443,529
Tax year 2024
Assessed value
$36,414,000
Assessed 2024
Previous assessed
$36,414,000
+0.0% YoY
Effective rate
1.22%
On assessed value
Assessed land
$5,202,000
Assessed improvement
$31,212,000
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2018
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
CENTRAL
Stories
2
Total area
129,911 SF
Lot
6.1 ac (265,716 SF)
APN
135-220-041
UPID
US09-3537514
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alternative use value scenarios
Repositioning upside vs current use
INDUSTRIAL (GENERAL) Current
Est. value
$31.7M
RETAIL STORES
Est. value
$43.6M
MEDICAL BUILDING
Est. value
$37.9M
INDUSTRIAL (GENERAL) Current
RETAIL STORES
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
2018
Construction
TILT-UP CONCRETE
Heating
CENTRAL
Cooling
Yes
Stories
2
Lot
6.1 ac
Current owner
From public records · entity-resolved
Ca Ibg Magnolia De LLC
Entity
Free & Clear · 4 yrs held
Mailing address
450 PARK AVE FL #9, NEW YORK, NY 10022-2741
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
2 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Oct 19, 2021
$70,000,000
Ca Ibg Magnolia De LLC
Pierce Owner LLC
Grant Deed
—
Jul 23, 2020
—
Pierce Owner LLC
58 Magnolia Partnership LP
Grant Deed
related
$17,100,000 · Invesco Cmi Invs LP
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 12000 Magnolia Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
Full reports are paid
Unlock the full Property Analytics report
Start free for 7 days — no card required. Full owner contacts, all 4 valuations with methodology, refine flow, comparable adjustments, foot-traffic deep dive, export to PDF / CSV.
