Property profile

1700 Mtn Ave Norco, CA 92860

OFF-MARKET
Manufacturing properties
Property ID
US09-3566730
145,424 SF Built 2021
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional 631,956-square-foot manufacturing facility in Norco, California's Palomino Business Park, presents a unique opportunity for businesses seeking expansive industrial space. Building 14, constructed in 2023, boasts a modern design and impressive specifications. The property sits on a 6.52-acre lot and offers flexible space options, with a minimum divisible unit of 57,073 square feet and a maximum contiguous space of 159,517 square feet. The entire building is currently vacant, providing a blank canvas for your operations. Key features include a 36-foot ceiling height, ample loading capabilities with 20 dock-high doors and 2 loading docks, and 75 total parking spaces. The building is equipped with a robust 4,000 amp power panel. The layout includes a well-designed configuration with up to 552' x 240' building dimensions, column spacing of up to 52' x 60' (including a 60' speed bay), and secured and unsecured concrete truck courts. Located at 1700 Mountain Ave, Norco, CA 92860, in Riverside County, this property offers unparalleled access and visibility. This is an exceptional opportunity to establish a significant presence in a thriving industrial area.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2021
Construction TILT-UP CONCRETE
Total area 145,424 SF
APN 126-260-014
UPID US09-3566730

Cap rate & NOI

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

Location

1700 Mtn Ave Norco, CA 92860-2861
Norco metro Census 46602 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
$18.37M
Comparable Approach Comparable
$16.97M
Blend (final) Blend
$19.91M

Owner & transaction history

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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