2030 Iowa Ave Riverside, CA 92507-7415
The Summit Business Center, located at 2030 Iowa Ave in Riverside, CA 92507, offers a unique opportunity to lease creative office space. This Class B property, built in 1989, comprises 26,062 square feet across five individual suites within a single-story building. Currently, 3,627 square feet is available for lease, with two spaces ranging from 3,489 to 3,627 square feet. The building sits on a 0.66-acre lot (note: Lot Size (acres) listed as 28,750 appears to be an error) and features a 4:1,000 parking ratio. The zoning is designated as BMP. The property's features include a reception area, nine private offices, two conference rooms, and three restrooms, along with a large open area, ideal for collaborative work environments. The building's total square footage is 26,062, with a floor area ratio (FAR) of 0.86. The Assessor's Parcel Number (APN) is 249-140-041, located in Riverside County. This property presents a compelling opportunity for businesses seeking flexible and functional office space in a convenient Riverside location. The property is zoned BMP.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
MP · Riverside, CARiverside. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.