Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    6035 Fremont St Riverside, CA 92504-1114

    • Manufacturing properties
    • 2,591 SF
    • 0.16 lot acres
    OFF-MARKET
    Value Estimations
    $295,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-3890806
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Altec Testing & Engineering, Inc / Asbestos Testing Service

    Property Details for 6035 Fremont St

    Year built
    1991
    Construction
    TILT-UP CONCRETE
    Lot size
    0.16 lot acres
    Property size
    2,591 SF
    Zone code
    R106
    Property type
    Manufacturing properties
    APN
    189-031-032
    APU
    189031032

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $295,000

    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $414,000
      Market price range: $324k - $760k
      AI Estimate
      $189,000
      Market price range: $101k - $406k

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.436
    Latitude
    33.9618
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $3,629
    $42,864
    $267,736
    $310,600
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $275,000
      640 SF

      5929 Ordway St

      MANUFACTURING (LIGHT) • 640 SF
      5929 Ordway St, Riverside, CA 92504-1134
      View Details
    • Value Estimation
      $945,000
      80,640 SF

      7155 Central Ave

      MANUFACTURING (LIGHT) • 80,640 SF
      7155 Central Ave, Riverside, CA 92504-1432
      View Details
    • Value Estimation
      $1,005,000
      148,330 SF

      3100 Jefferson St

      MANUFACTURING (LIGHT) • 148,330 SF
      3100 Jefferson St, Riverside, CA 92504-4339
      View Details
    • Value Estimation
      $985,000
      149,472 SF

      2950 Jefferson St

      MANUFACTURING (LIGHT) • 149,472 SF
      2950 Jefferson St, Riverside, CA 92504-8325
      View Details
    • Value Estimation
      $545,000
      21,989 SF

      7085 Jurupa Ave

      MANUFACTURING (LIGHT) • 21,989 SF
      7085 Jurupa Ave, Riverside, CA 92504-1094
      View Details
    • Value Estimation by Request
      47,520 SF

      7820 Lincoln Ave

      MANUFACTURING (LIGHT) • 47,520 SF
      7820 Lincoln Ave, Riverside, CA 92504-4443
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      28,000 SF

      Jurupa Business Park Flex Space

      Flex spaces with fenced yards and ample power available for sale.
      7101 Jurupa Ave, Riverside, CA 92504
      View Details
    • $625,000
      Pending

      Industrial Property in Riverside, CA

      Commercial property featuring fenced perimeter, concrete parking, and office space.
      6275 Columbus Ave, Riverside, CA 92504
      View Details
    • $3,499,999
      12 SF

      Riverside Agricultural Land For Sale

      12.31 acres of agricultural land in Riverside, California.
      Riverside CA 92504 Washington St, Riverside, CA 92504
      View Details
    • $2,500,000

      Riverside Land in Arlington Heights

      Nearly 20 acres in Riverside's Arlington Heights citrus groves.
      1350 Firethorn Ave, Riverside, CA 92504
      View Details
    • Contact for pricing
      55,321 SF

      Industrial Land with Shop Space

      1.27 acres with shop space and covered work area.
      6859 Arlington Ave, Riverside, CA 92504
      View Details
    • Contact for pricing
      3 SF

      Riverside Land Parcel For Sale

      3-acre land parcel zoned for industrial uses in Riverside.
      6875 West Of Columbus St, Riverside, CA 92504
      View Details

    Similar Nearby for Lease

    • $16 SF/Yr
      205,633 SF

      Adams Business Park: Riverside, CA

      Prime Riverside Office & Warehouse Space
      2900 Adams St, Riverside, CA 92504
      View Details
    • $1.35 SF/Yr
      10,852 SF

      Industrial Condo with Office Space

      Industrial condo featuring office space and convenient freeway access.
      5820 Central Ave, Riverside, CA 92504
      View Details
    • Contact for pricing
      205,633 SF

      Adams Business Park: Office & Warehouse Space

      Riverside County executive suites & warehouse space.
      2900 Adams St, Riverside, CA 92504
      View Details
    • Contact for pricing
      48,706 SF

      Riverside Warehouse/Office Space

      Flexible spaces, 300-48,706 sq ft.
      5950 Wilderness Ave, Riverside, CA 92504
      View Details
    • $1.10 SF/Yr
      39,900 SF

      Industrial Space with Secured Yard

      Industrial property featuring office space, dock doors, and secured yard.
      1075 Mount Vernon St, Riverside, CA 92504
      View Details
    • $13,093 /Mo

      Warehouse with Office Space

      11,096 sqft warehouse with office, dock, and ground doors.
      5860 Central Ave, Riverside, CA 92504
      View Details
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    6035 Fremont St
    Riverside, CA 92504-1114
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.