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Property profile & analytics

1220 Palmyrita Ave Riverside, CA 92507-1705

  • Manufacturing properties
  • 22,230 SF
  • 3.29 lot acres
OFF-MARKET
Last Sale
Jan 18, 2022
$16,750,000
Value Estimations
Cap Rate Potential
Location Intelligence
Property ID
US09-0751213
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

  • Social Vocational Services / Social Services Organization

Property Details for 1220 Palmyrita Ave

Year built
1989
Construction
TILT-UP CONCRETE
Lot size
3.29 lot acres
Property size
22,230 SF
Zone code
R1
Property type
Manufacturing properties
APN
249-060-020
APU
249060020

Description

The Iowa Corporate Center, located at 1220 Palmyrita Ave, Riverside, CA 92507, presents a unique opportunity for businesses seeking flexible office and warehouse space. This single-story, 137,838 square foot building, built in 1987 and renovated in 1989, is currently fully vacant and available for lease. The property boasts a multi-tenant configuration, offering spaces ranging from a minimum of 876 square feet to a maximum contiguous space of 124,458 square feet, catering to a variety of business needs. High ceilings, ranging from 14 to 16 feet, provide ample vertical space, while 15 dock-high doors ensure efficient loading and unloading. Ample parking is available with 379 spaces. The property is zoned BMP and situated in Riverside County. This versatile property is ideal for companies requiring both office and warehouse functionality, offering a blend of executive office space and industrial capabilities. Its location in Riverside, California provides easy access to major transportation routes and a thriving business community. The property's size and flexible layout make it suitable for a wide range of businesses, from small startups to larger enterprises. Contact us today to learn more about leasing opportunities at this prime Riverside location.


Value Estimations

based on Realmo’s proprietary methodology
  • AI approach

  • CAP approach

  • Comparable approach

  • Alternative Use

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Location Insight

  • Map
  • Local Demand
City
Riverside
County
Riverside
State
California
Longitude
-117.338
Latitude
34.004
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
$78,710
$2,184,840
$4,942,940
$7,127,780
-
$0.00
$0.00
$0.00
More about this property
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