Property profile

12155 Magnolia Ave Ste 10b Riverside, CA 92503

OFF-MARKET
Retail space
Property ID
US09-5414624
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional Riverside County commercial property, located at 12155 Magnolia Avenue, 92503, offers a diverse range of flexible spaces ideal for various business needs. The Magnolia Circle Industrial Park boasts a total of 60,863 square feet, encompassing executive office, warehouse, and distribution facilities. The property is currently multi-tenant, with a significant amount of vacant space totaling 36,715 square feet available for lease. Units range from a minimum of 2,109 square feet to a maximum contiguous space of 10,844 square feet, providing options for businesses of all sizes. The property features three total suites, offering excellent flexibility for expansion or consolidation. Ample parking is available for tenants and their clients. This prime location in Riverside, California, provides easy access to major transportation routes, making it an attractive option for businesses seeking efficient logistics and convenient commutes. The property's diverse offerings, combined with its strategic location and abundant parking, make it an ideal choice for companies seeking a versatile and functional workspace. The property is classified as Office, Industrial, and Commercial, offering a unique blend of space types within a single location. This presents a rare opportunity to secure a well-situated and adaptable space in the thriving Riverside market.

Property profile

Verified
Property type Retail space
Use group STORE, RETAIL OUTLET
APN 000-264-492
UPID US09-5414624

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Marketing & Advertising Advertising Agency
  • General Contractor Renovation Specialist
  • Big Box & Wholesale Store
  • Marketing & Advertising (Bike/Boat/Book/etc) Store
  • General Contractor

Location

12155 Magnolia Ave Ste 10b Riverside, CA 92503-4905
Riverside metro Census 41405 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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