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Property profile & analytics
OFF-MARKET Estimated value $1,890,000
Manufacturing properties

21803 Cactus Ave Riverside, CA 92518-3021

14,839 SF 1.33 ac lot Built 2006
Entity Owned 9-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US09-2703803
Property summary
AI-generated overview

This exceptional flex space property, located at 21803 Cactus Ave., Ste D & I in March Air Reserve Base, CA 92518, offers two available suites ideal for a variety of businesses. The property boasts a total of 14,819 square feet on a 1.33-acre lot and was built in 2006. Suite D comprises 1,836 square feet and features two private offices, a large open area, a breakroom, and a single restroom. Suite I offers 1,110 square feet, including three private offices, a conference room, a breakroom, a lobby, and two-stall restrooms. The minimum divisible space is 1,110 square feet, with a maximum contiguous space of 1,836 square feet. Currently, 2,946 square feet are vacant. The building features a desirable 14-foot ceiling height and provides convenient access to the 215 and 60 freeways. The property includes eight drive-in bays and four total parking spaces. The property's APN is 297-231-011, situated in Riverside County. This is a multi-tenant property offering a flexible and functional workspace in a prime location. This opportunity is perfect for businesses seeking modern amenities and convenient freeway access.

Property profile
Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 2006
Construction TILT-UP CONCRETE
Total area 14,839 SF
Lot 1.33 ac (57,934 SF)
APN 297-231-011
UPID US09-2703803
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Harvest Dental Lab Dental Office
  • Concept Marketing (Bike/Boat/Book/etc) Store Printing Service
  • Edward Jones - Financial Advisor: Tyler R Holt Financial Advisor
  • Laptop Masters Computer & Electronic Repair
  • Tectronics Electronics & Wireless Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$1.89M
Owner & transaction history
Falcon Bp II LLC · 9 yrs held
Falcon Bp II LLC
since 2017
3 recorded transactions
2020
Price N/A
2017
Price N/A
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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