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Property profile & analytics
OFF-MARKET
Estimated value
$1,480,000
Warehouses
3232 Ctr St Riverside, CA 92501-1109
Entity Owned
4-yr Hold
Absentee Owner
~
Est. High Equity
Property ID
US10-1836960
Property profile
Verified
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Year built
1988
Construction
STEEL FRAME
Total area
6,000 SF
Lot
1.59 ac (69,260 SF)
Zoning code
M1
APN
246-150-019
UPID
US10-1836960
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
-
Momentum Racks Material Handling Equipment Supplier Shelving Store
-
Superior Acrylic Products Factory Production Facility
-
JMW Moulding Co. | Picture Framing (Bike/Boat/Book/etc) Store Home Decor Store
-
SPS Wheels And Tires (Bike/Boat/Book/etc) Store Auto Parts Store
-
Momentum Pallet Rack and Shelving Material Handling Equipment Supplier Shelving Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$1.47M
CAP Approach
CAP
$1.44M
Comparable Approach
Comparable
$1.47M
Blend (final)
Blend
$1.48M
Owner & transaction history
Center Street Industrial Park LLC · 4 yrs held
Center Street Industrial Park LLC
since 2021
Last sale
$1.1M
7 recorded transactions
Zoning & alternative use
M1 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Medical building
$1.8M
+4.4%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$1,550,000
ML approach
$1,470,000
CAP Approach
CAP Return
Estimation
6%
$1,555,000
6.5%
$1,435,000
7%
$1,330,000
Alternative Use
Use
Estimation
WAREHOUSE, STORAGE
$1,675,000
Current use
MEDICAL BUILDING
$1,750,000
Change: +4% · Conversion: Difficult
OFFICE BUILDING
$1,625,000
Change: -3% · Conversion: Difficult
Blend value · Realmo final
$1.48M
Range $1.33M – $1.63M · ±10% · vs last sale $1.05M (Dec 27 2021)
Last sale anchor
$1.05M
Dec 27 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$247 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$23,543
Tax year 2024
Assessed value
$2,141,143
Assessed 2024
Previous assessed
$2,141,143
+0.0% YoY
Effective rate
1.10%
On assessed value
Assessed land
$1,040,400
Assessed improvement
$1,100,743
Applied tax rate
88.0000
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
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
1988
Construction
STEEL FRAME
Heating
YES
Cooling
WALL UNIT
Stories
1
Units
3
Total area
6,000 SF
Lot
1.59 ac (69,260 SF)
Zoning code
M1
APN
246-150-019
UPID
US10-1836960
Jurisdiction
RIVERSIDE
Zoning & alternative use
M1 · Riverside, CA
Zoning M1 · permitted uses
M1 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
WAREHOUSE, STORAGE Current
Est. value
$1.7M
MEDICAL BUILDING
Est. value
$1.8M
OFFICE BUILDING
Est. value
$1.6M
WAREHOUSE, STORAGE Current
MEDICAL BUILDING
OFFICE BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1988
Construction
STEEL FRAME
Heating
YES
Cooling
Yes
Stories
1
Units
3
Lot
1.59 ac
Current owner
From public records · entity-resolved
Center Street Industrial Park LLC
Entity
Mailing address
3240 MSN INN AVE, RIVERSIDE, CA 92507-4069
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2021
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
11 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Dec 27, 2021
$1,050,000
Center Street Industrial Park LLC
William Malcolm
Grant Deed
$1,475,000 · Chino Commercial Bank NA
Dec 27, 2021
—
William Malcolm
Center Street Industrial Park LLC
Grant Deed
—
Feb 4, 2016
$1,150,000
Center Street Industrial Park
Ruffner C S Family Trust
Grant Deed
$950,000 · Ruffner C S Family Trust (pt)
Mar 23, 2011
—
Ruffner C S Family Trust
Ruffner,christine S
Quit Claim Deed
related
—
Aug 4, 2005
$790,000
Christine Ruffner
Robles,daniel P & Elena N
Grant Deed
—
Dec 1, 1988
—
Exchanged Titles
Center Street Bu
Trustees Deed
related
—
Dec 1, 1988
$222,272
Daniel P Robles
Exchanged Titles
Trustees Deed
related
—
Dec 1, 1988
$38,000
Ctr Street Busin
Exchanged Titles
Grant Deed
related
$4,886 · Cano Amrose
—
—
Daniel P Robles
—
Deed Of Trust
related
$90,000 · Pan American Bank
—
—
Daniel P Robles
—
Deed Of Trust
related
$500,000 · Wilshire State Bank
—
—
Daniel P Robles
—
Deed Of Trust
related
$1,333,000 · United Commercial Bank
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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