Technical
Financial
Distress signals
Property profile

1492 Palmyrita Ave Riverside, CA 92507

OFF-MARKET
Other warehouses
Property ID
US09-1369299
11,200 SF 2.81 ac lot Built 1973
Entity Owned 4-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

A free-standing industrial building located in Riverside, California, situated on a 2.81-acre lot. The property totals 11,760 square feet and includes 2,500 square feet of office space. It is equipped with three dock-high doors and provides 225 amps of electrical service at 120/208V, 3-phase power.

Property profile

Verified
Property type Other warehouses
Use group WAREHOUSE, STORAGE
Year built 1973
Construction TILT-UP CONCRETE
Total area 11,200 SF
Lot 2.81 ac (122,403 SF)
Zoning code R1
APN 249-040-001
UPID US09-1369299

Cap rate & NOI

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

Location

1492 Palmyrita Ave Riverside, CA 92507-1605
Riverside metro Census 42209 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$5.54M
Blend (final) Blend
$8.43M

Owner & transaction history

since 2021
Last sale
$5.7M
3 recorded transactions
2021
$5.7M
2012
Price N/A
1969
Price N/A

Zoning & alternative use

R1 · Riverside, CA
Top alternative use upside
Restaurant $5.3M +46.2%
Auto repair, garage $5.0M +36.6%
Apartment house (5+ units) $4.0M +10.8%

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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