1492 Palmyrita Ave Riverside, CA 92507
Property Lookup
Property profile & analytics
1492 Palmyrita Ave Riverside, CA 92507
- Warehouses
- 11,200 SF
- 2.81 lot acres
Property ID
US09-1369299
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.
Location Intelligence
Current Use by Public Records
- Warehouses
Property Details for 1492 Palmyrita Ave
- Year built
- 1973
- Construction
- TILT-UP CONCRETE
- Lot size
- 2.81 lot acres
- Property size
- 11,200 SF
- Zone code
- R1
- Property type
- Warehouses
- APN
- 249-040-001
- APU
- 249040001
Description
This exceptional industrial property, located at 1492 Palmyrita Ave, Riverside, CA 92507, presents a significant opportunity. The single-tenant warehouse boasts a substantial 11,760 square feet of space, with 10,026 square feet currently vacant, situated on a generous 2.81-acre lot. Built in 1973, the building features an impressive 18-foot ceiling height, providing ample vertical space for storage or operations. Three loading docks and three dock-high doors ensure efficient loading and unloading of goods. The property also offers convenient parking with a 2:1000 ratio. The warehouse is powered by a 120/208 system and is fully fenced, enhancing security. The property's zoning designation is currently listed as "Fenced". The Assessor's Parcel Number (APN) is 249-040-001, and the property is located in Riverside County, California. This property is perfect for businesses seeking a large, well-equipped warehouse in a convenient Riverside location. The significant vacant space offers immediate occupancy potential for a variety of industrial uses. The ample lot size provides room for expansion or future development. This is a rare opportunity to acquire a substantial industrial property in a desirable location.
Value Estimations
based on Realmo’s proprietary methodology
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $5,544,000
Market price range: $2.02M - $5.54M -
Alternative Use
- Use
- Estimation
- WAREHOUSE, STORAGE
- $3,630,000 Current use
- RESTAURANT
- $5,310,000 Change: +46% Conversion: Difficult
- AUTO REPAIR, GARAGE
- $4,965,000 Change: +37% Conversion: Easy
- APARTMENT HOUSE (5+ UNITS)
- $4,025,000 Change: +11% Conversion: Difficult
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.344
- Latitude
- 34.0042
- 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
$65,593
$3,849,480
$2,080,800
$5,930,280
-
$0.00
$0.00
$0.00
