Entity Owned 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
Current use
Occupant on record · Public records
-
Dental Office
-
(Bike/Boat/Book/etc) Store Printing Service
-
Financial Advisor
-
Computer & Electronic Repair
-
Electronics & Wireless Store
Location
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
since 2017
3 recorded transactions
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 8 comparables with addresses
Sensitivity value band
Source audit · 6 inputs
PDF export
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Summary
1
Valuation conclusion
Included free
Estimated market value
$1.89M
Value range
$1.70M – $2.08M
±10% around blend
Estimated value / SF
$127 / SF
Confidence
High
8 county-verified comps
Property data
88
Market benchmarks
67
Comparable evidence
80
$1.70M
blend $1.89M
$2.08M
Market-derived valuation under stabilized market assumptions. Desktop analysis. No physical inspection performed.
2
Subject property
Included free
GBA
14,839 SF
Lot area
1.33 ac
Year built
2006
Stories
1
APN
297-231-011
Assessed value
$2,306,710
Annual tax
$29,035
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$4.37M
Weighted, 8 comps · high confidence
Evidence
8 found · 6 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
6.7 mi away · 12,059 SF
6.7 mi away · 12,059 SF
8.1 mi away · 11,368 SF
15.2 mi away · 10,490 SF
18.5 mi away · 17,767 SF
5
Sensitivity & risk
Partial preview
Downside
−10%
Base
$1.89M
Upside
+10%
Bounds of the ±10% band vs the blend — never simulated scenarios.
6
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
Submarket 300 sales
$244
-48%
County 1211 sales
$223
-43%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $127/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
7
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
Not available
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 8 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
from $99/month
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$2.31M
Move the market yield to see immediate price impact.
Value / SF
$155
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$145k
$2.91M
$2.08M
$1.61M
$161k
$3.23M
$2.31M
$1.79M
$178k
$3.55M
$2.54M
$1.97M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
8 found
High confidence · county-verified
Closest comparable
$2.60M
6.0 mi · Dec 2025 · $248/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$29,035
Tax year 2024
Assessed value
$2,306,710
Assessed 2024
Previous assessed
$2,306,710
+0.0% YoY
Effective rate
1.26%
On assessed value
Assessed land
$370,457
Assessed improvement
$1,936,253
Applied tax rate
80.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Manufacturing properties
Use group
MANUFACTURING (LIGHT)
Status
Off-Market
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
14,839 SF
Lot
1.33 ac (57,934 SF)
APN
297-231-011
UPID
US09-2703803
Jurisdiction
RIVERSIDE
Zoning & alternative use
Zoning · permitted uses
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release.
Building & site characteristics
From public records
Year built
2006
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.33 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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