3600 Lime St Riverside, CA 92501
- Office buildings
- 7,798 SF
- 2.95 lot acres
Current Use by Public Records
- Law Office of James E McGee II / Law Firm
- ATHENA Marketing Research / Advertising Agency
- Asthma and Allergy Medical Group / Medical Group
- Laser Eye Center / Lasik Surgeon / Ophthalmologist
- Farmers Insurance - Lucinda Metcalfe / Insurance Agency
Property Details for 3600 Lime St
- Year built
- 1981
- Construction
- WOOD
- Lot size
- 2.95 lot acres
- Property size
- 7,798 SF
- Zone code
- DSP
- Property type
- Office buildings
- APN
- 213-340-011
- APU
- 213340011
Description
Mission Lake Center, a two-story professional office park in downtown Riverside, offers 15,527 square feet of prime executive and professional office space for lease. The property boasts a convenient location with excellent freeway visibility and signage. Tenants can choose from flexible suite sizes, ranging from a minimum of 687 square feet to a maximum contiguous space of 4,247 square feet, with a total of 10 spaces currently available. The building features an on-site restaurant, a free common area conference center, and ample free surface parking at a ratio of 4 spaces per 1,000 square feet. On-site management ensures efficient building operations. The entire building is currently vacant, presenting a unique opportunity for a single tenant or multiple tenants seeking modern, well-located office space in Riverside County. The property's strategic location and comprehensive amenities make it an ideal choice for businesses seeking a prestigious and functional workspace. The building's design and features cater to the needs of executive and professional office users, providing a comfortable and productive environment. Interested parties are encouraged to inquire about lease terms and availability.
Value Estimations
-
CAP approach
- CAP Return
- Estimation
- 6%
- $2,875,000
- 6.5%
- $2,650,000
- 7%
- $2,465,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $3,451,000
- AI Estimate
- $1,626,000
Market price range: $1.11M - $3.45MMarket price range: $365k - $1.63M -
Alternative Use
- Use
- Estimation
- OFFICE BUILDING
- $2,110,000 Current use
- RESTAURANT
- $3,700,000 Change: +75% Conversion: Moderate
- AUTO REPAIR, GARAGE
- $3,455,000 Change: +64% Conversion: Difficult
- MEDICAL BUILDING
- $2,275,000 Change: +8% Conversion: Easy
- WAREHOUSE, STORAGE
- $2,180,000 Change: +3% Conversion: Difficult
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Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.369
- Latitude
- 33.9825
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA