Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    21800 Van Buren Blvd, Unit 4 Riverside, CA 92518

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    21800 Van Buren Blvd, Unit 4 Riverside, CA 92518

    View on Map
    • Manufacturing properties
    • 8,980 SF
    For Sale
    $2,215,000
    View Listing →
    Riverside Industrial Building For Sale For Sale
    $2,215,000
    8,980 SF

    Riverside Industrial Building For Sale

    Freestanding industrial building with convenient freeway access and ample parking.

    21800 Van Buren Blvd., Bldg 4, Riverside, CA 92518
    View Listing
    Property ID
    US09-2115115
    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.
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • NexGen HVAC & Plumbing / Plumbing Service / General Contractor

    Property Details for 21800 Van Buren Blvd

    Year built
    2020
    Construction
    TILT-UP CONCRETE
    Property size
    8,980 SF
    Property type
    Manufacturing properties
    APN
    294-701-005
    APU
    294701005

    Description

    This exceptional 8,980-square-foot industrial warehouse, built in 2020, is ideally situated in Riverside, CA, near March Air Reserve Base. The single-tenant property features a desirable "MU" zoning classification and boasts 18-foot high ceilings, providing ample space for various manufacturing or warehousing operations. Its strategic location offers easy access to major freeways, including the 215, 91, and 60, ensuring seamless transportation for employees, clients, and deliveries. The property is part of an industrial complex, providing ample on-site parking for convenience. The building's modern construction and spacious layout make it an attractive option for businesses seeking a functional and accessible location to support growth. This freestanding building presents a unique opportunity for businesses looking to establish or expand their operations in a prime Riverside location. The property's single-tenant occupancy simplifies management and offers a clear, straightforward investment opportunity. The APN is 294-701-005. This is a must-see for businesses seeking a versatile and well-connected industrial space.

    Value Estimations

    based on Realmo’s proprietary methodology

    • CAP approach

      CAP Return
      Estimation
      6%
      $1,915,000
      6.5%
      $1,770,000
      7%
      $1,640,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $2,443,000
      Market price range: $1.59M - $3.24M

    • Alternative Use

      Use
      Estimation
      INDUSTRIAL (GENERAL)
      $2,190,000
      Current use
      RETAIL STORES
      $3,190,000
      Change: +46% Conversion: Moderate
      MEDICAL BUILDING
      $2,620,000
      Change: +20% Conversion: Difficult

    Get a detailed, property-specific estimation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.282
    Latitude
    33.8891
    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
    $20,315
    $212,241
    $1,485,691
    $1,697,932
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $3,415,000
      21,400 SF

      14500 Innovation Dr

      MANUFACTURING (LIGHT) • 21,400 SF
      14500 Innovation Dr, Riverside, CA 92518-3012
      View Details
    • Value Estimation
      $20,795,000
      123,500 SF

      20820 Krameria Ave

      MANUFACTURING (LIGHT) • 123,500 SF
      20820 Krameria Ave, Riverside, CA 92518-1518
      View Details
    • Value Estimation
      $13,405,000
      78,960 SF

      20880 Krameria Ave

      MANUFACTURING (LIGHT) • 78,960 SF
      20880 Krameria Ave, Riverside, CA 92518-1512
      View Details
    • Value Estimation
      $960,000
      7,916 SF

      14417 Meridian Pkwy

      MANUFACTURING (LIGHT) • 7,916 SF
      14417 Meridian Pkwy, Riverside, CA 92518-3007
      View Details
    • Value Estimation
      $1,890,000
      14,839 SF

      21803 Cactus Ave

      MANUFACTURING (LIGHT) • 14,839 SF
      21803 Cactus Ave, Riverside, CA 92518-3021
      View Details
    • Value Estimation
      $2,000,000
      15,238 SF

      14538 Meridian Pkwy

      MANUFACTURING (LIGHT) • 15,238 SF
      14538 Meridian Pkwy, Riverside, CA 92518-3018
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      166,994 SF

      Riverside Food Processing Plant Available

      166,994 SF food processing plant in Riverside, California.
      15555 Meridian Pkwy, Riverside, CA 92518
      View Details
    • Contact for pricing
      21,907 SF

      Industrial Building Near Freeways

      21,907 SF industrial building with freeway access.
      14078 Meridian Pkwy, Riverside, CA 92518
      View Details
    • $4,650,000
      17,250 SF

      Falcon Business Park Freestanding Building

      Freestanding building with mezzanine, office, lab, and loading area.
      14538 Meridian Pkwy, March Air Reserve Base, CA 92518
      View Details
    • Contact for pricing

      Riverside Warehouse For Sale

      Warehouse property available in Riverside, California.
      14089 Meridian Pkwy, Riverside, CA 92518
      View Details
    • $3,660,525

      Warehouse and Office For Sale

      Warehouse with office build-out and restroom, excellent freeway access.
      14080 Meridian Pkwy, Riverside, CA 92518
      View Details
    • Contact for pricing

      Riverside Warehouse Opportunity

      Warehouse property for sale in Riverside, California.
      21201 Krameria Ave, Riverside, CA 92518
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Industrial Space for Lease

      Industrial property available for lease in Riverside, California.
      14080 Meridian Pkwy, Riverside, CA 92518
      View Details
    • Contact for pricing

      Industrial Space Near 215 Freeway

      Sublease available with immediate access to the 215 Freeway.
      14605 Innovation Dr, March Air Reserve Base, CA 92518
      View Details
    • Contact for pricing

      Industrial Building with Freeway Frontage

      27,129 SF industrial building for lease with office space.
      21840-21842 Cactus Ave, Riverside, CA 92518
      View Details
    • Contact for pricing
      4,374 SF

      Riverside Warehouse with Office Space

      4,374 SF warehouse with office space for lease.
      14467 Meridian Pkwy, Riverside, CA 92518
      View Details
    • Contact for pricing

      Industrial Space with Ample Power

      277,270 SF industrial space with high power capacity.
      17101 Heacock St, Riverside, CA 92518
      View Details
    • Contact for pricing

      Industrial Property Fully Leased

      Industrial building in Riverside, CA, currently 100% leased.
      22380 Van Buren Blvd, Riverside, CA 92518
      View Details
    View Listing
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    21800 Van Buren Blvd, Unit 4
    Riverside, CA 92518
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!