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Property profile & analytics
FOR LEASE
Commercial land

400 Main St Riverside, CA 92501

0.85 ac lot
Entity Owned 21-yr Hold Free & Clear
Property ID
US09-4237639
400 Main St, Riverside, CA 92501 For Lease
Contact for pricing
400 Main St, Riverside, CA 92501
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Property summary
AI-generated overview

This exceptional 5.61-acre industrial land parcel presents a rare owner-user or investment opportunity in Riverside, California's highly sought-after Inland Empire market. Located at 400 and 424 Main Street, this property boasts immediate occupancy of approximately 2.34 acres, with an additional area available for expansion by September 2025. The site features partially paved/graveled grounds and benefits from Main Street frontage and BMP zoning, offering flexibility for various industrial outside storage (IOS) uses and future redevelopment potential. Its strategic location just north of the SR-60, SR-91, and I-215 freeway interchange provides convenient access to major transportation arteries and places it at the entrance of the Agua Mansa Industrial Corridor, home to prominent national and regional industrial tenants such as Amazon, FedEx, and Walmart. The surrounding area demonstrates strong demographics, with a 5-mile population of 244,530 and an average household income of $94,901. The Inland Empire's robust economy, consistently ranking as Southern California's top-performing market for nine consecutive years, and its position as the leading industrial market in the United States, further underscores the investment potential of this property. The Riverside submarket's low vacancy rate of 4% in Q4 2023 highlights the high demand for industrial space in this area. This property offers a unique blend of immediate usability and future growth potential in a thriving industrial hub. The zip code is 92501.

Property profile
Verified
Property type Commercial land
Use group VACANT COMMERCIAL LAND
Lot 0.85 ac (37,026 SF)
Zoning code M1
APN 246-040-021
UPID US09-4237639
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
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Winship Properties II LLC · 21 yrs held
Winship Properties II LLC
since 2005
3 recorded transactions
2005
Price N/A
2005
Price N/A
1994
Price N/A
Zoning & alternative use
M1 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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