1425 Palmyrita Ave 5 Riverside, CA 92507
For Sale
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This exceptional 14,699-square-foot warehouse, located at 1425 Palmyrita Ave in Riverside, CA 92507, presents a compelling investment opportunity. Built in 2005, the property boasts a desirable 5.70% capitalization rate and a price per square foot of $340. The warehouse features a substantial 24-foot clear ceiling height, providing ample vertical space for storage and operations. Three ground-level loading docks ensure efficient loading and unloading, while the oversized yard offers additional storage capacity. Constructed with durable concrete tilt-up construction, the building includes a sprinkler system (0.60/2000). Its single-tenant occupancy simplifies management, and the property benefits from an outstanding location with excellent access. This well-maintained industrial space is ideal for a variety of uses and represents a strong addition to any investment portfolio. The property is situated in Riverside County, California, offering convenient access to major transportation routes. The building's solid construction and desirable features make it a highly attractive investment prospect. This is a rare opportunity to acquire a well-located, high-quality warehouse in a thriving market.
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Irrometer Company Industrial Manufacturer Production Facility
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MP · Riverside, CARiverside. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.