18442 Van Buren Blvd, Riverside, CA 92508-9258
- Retail space
- 2,400 SF
- 1.34 lot acres
Current Use by Public Records
- Johnson Motorsports / Auto Repair Shop / Vehicle Inspection Center
- Riverside Dumpster Rentals / General Contractor / Waste Management Facility
- AUCTION LIQUIDATORS / Car Dealership
Property Details for 18442 Van Buren Blvd
- Year built
- 1980
- Lot size
- 1.34 lot acres
- Zone code
- M1
- Property type
- Retail space
- APN
- 280-110-012
- APU
- 280110012
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Mar 7, 2025 | $4,000,000 | 5 K Farms | Duane Auto Sale LLC | Grant Deed | $948k · Duane Auto Sale LLC |
| Jul 1, 2022 | — | Duane Auto Sale LLC | — | Deed · related | $1.3M · Ampac Tri State INC |
| Jun 21, 2022 | $3,000,000 | Duane Auto Sale LLC | 18442 Van Buren Boulevard Trust | Grant Deed | $1.5M · Bank Five Nine |
| Jan 25, 2021 | — | 18442 Van Buren Boulevard Trus Trust | Johnson J III & J Fam Trust | Quit Claim Deed · related | — |
| Apr 30, 2020 | $1,600,000 | John M Johnson III | James V Harper II | Grant Deed | $1.5M · Mufg Union Bank NA |
| Jul 5, 2016 | — | James V Harper II | — | Deed · related | $660k · Miscellaneous Ins Co |
| Dec 21, 2007 | $1,100,000 | James V Harper II | Hagee Shirley R | Grant Deed | $713k · Marketplace Capital Group |
| Dec 21, 2007 | — | Hagee Shirley R Tr | Rhodes,william E | Grant Deed · related | — |
| — | — | James V Harper II | — | Deed Of Trust · related | $660k · Miscellaneous Ins Co |
Description
This exceptional 3,602-square-foot industrial property, situated on a 1.34-acre lot in Riverside, CA (92508), presents a compelling investment opportunity. The single-story building, constructed in 1980 and extensively renovated in 2022, boasts a 17-foot warehouse clear height, three oversized ground-level doors, and a bonus loft upstairs. Recent renovations include a new roof and siding, offices, HVAC system, restrooms, sewer lines, kitchen, epoxy floors, outdoor canopies, and LED lighting. The property features a concrete paved yard, gated and fenced for enhanced security. Zoned M-SC (Manufacturing-Service Commercial), permitted uses include warehousing, heavy manufacturing, fabrication, drayage, freight operations, vehicle storage, sales, and yard storage (verification with Riverside County recommended). Currently 100% occupied by a car auction business, the property offers a five-year NNN lease at $23,000 annually, with 2% annual rent bumps, resulting in a 6.5% cap rate. Alternatively, the property can be purchased vacant. The property includes approximately 3,200 square feet of additional outdoor covered canopy. Power is approximately 200 amps (confirmation recommended). This property is ideal for 1031 exchange investors or owner-users seeking a prime location with significant upside potential. The APN is 280-110-012.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $3,215,000
- ML approach
- $3,260,000
-
Alternative Use
- Use
- Estimation
- COMMERCIAL (GENERAL)
- $3,495,000
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.341
- Latitude
- 33.8878
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
