Technical
Financial
Distress signals
Property profile

14529 Innovation Dr Riverside, CA 92518

OFF-MARKET
Manufacturing properties
Property ID
US09-2639362
26,856 SF 1.96 ac lot Built 2006
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional industrial property, Falcon Business Park, presents a rare opportunity to lease a fully vacant, single-story warehouse totaling 27,570 square feet. Located at 14529 Innovation Drive, March Air Reserve Base, CA 92518, near Cactus Avenue, this property is ideally situated within the Inland Empire East submarket, specifically the Riverside cluster. Built in 2006, the building features a 24-foot ceiling height, providing ample vertical space for storage and operations. The warehouse boasts excellent access with four dock-high doors and two drive-in doors, facilitating efficient loading and unloading. The property offers 400 amps of power. The space is divisible, with a minimum leasable area of 14,280 square feet, offering flexibility for various business needs. The entire 27,570 square feet is currently available for immediate occupancy. This is a unique opportunity to secure a substantial warehouse space in a highly desirable location within the Inland Empire East. The property consists of two suites, offering potential for multiple tenants or a single large occupant. This prime location offers easy access to major transportation arteries, making it an ideal distribution hub.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2006
Construction TILT-UP CONCRETE
Total area 26,856 SF
Lot 1.96 ac (85,377 SF)
APN 297-231-013
UPID US09-2639362

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
  • Corporate Office
  • Bakery Specialty Food Shop

Location

14529 Innovation Dr Riverside, CA 92518-3024
Riverside metro Census 46700 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$3.01M

Owner & transaction history

since 2017
3 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A

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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