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Financial
Distress signals
Property profile

2990 Myers St Riverside, CA 92503

OFF-MARKET
Manufacturing properties
Property ID
US09-2893016
21,504 SF 3.37 ac lot Built 1974
Last sale Jan 2023 · $9,700,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

This exceptional 6,200 square foot executive office space is available for lease at 2990 Myers Street in Riverside, California. Located in Riverside County, zip code 92503, this property presents a unique opportunity for a business seeking a substantial and entirely vacant office building. The entire 6,200 square feet is currently available, offering flexibility in design and layout to perfectly suit your company's needs. The building's classification as "Executive Office" suggests a…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$108k
Tax billed · 2024
Assessed value$9.79M
Assessed land$2.66M
Assessed improvement$7.13M
Effective rate1.10%

Value estimate

· Oct 2026
$7.55M
$6.80M – $8.31M
AI approach$7.84M
Submarket $/SF estimate$7.44M

Realmo valuation models over county records and 10 qualifying comparable sales.

Recently sold

What actually traded nearby?
$244/SF
ZIP average, outlier-cleaned · 44 recorded sales of this use type
Observed band · Q1–Q3$178 – $346
Qualifying comparables10

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

What can be built here?
BMP
The business and manufacturing park zone is established to provide a district for low intensity and low impact industrial and office and ...
General categoryINDUSTRIAL
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Law Firm
Demand index
Law Firm29.8
Realty agency23.9
Electrical Service12.3

Location

2990 Myers St Riverside, CA 92503-5524
County assessor Recorded deeds · 8 transfers 10 qualifying comp sales Zoning catalog

Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.

Comparables

6 recorded sales · 17 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3030 Myers, Riverside, CA 92503-5526 $8,175,000 Jul 2024 13,969 SF
6682 Doolittle, Riverside, CA 92503-1432 $3,683,000 Jan 2024 12,140 SF
12140 Magnolia, Riverside, CA 92503-4918 $3,355,000 Jan 2024 18,864 SF
4121 Buchanan, Riverside, CA 92503-4812 $2,900,000 Jul 2022 13,261 SF
3750 Pierce, Riverside, CA 92503-5037 $35,000 Jan 2022 19,143 SF
12100 Magnolia, Riverside, CA 92503-4918 $280,000 Jan 2022 17,931 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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