Property profile

7880 Msn Grv S Pkwy Riverside, CA 92508

OFF-MARKET
Office buildings
Property ID
US09-1816544
25,648 SF 2.36 ac lot Built 2007
Entity Owned 2-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

Mission Grove Corporate Plaza offers 4,713 square feet of immediately available Class A executive office space for lease within a larger 29,012 square foot building. This multi-tenant property is situated in the desirable Mission Grove submarket of Riverside County, boasting a prime location near major transportation arteries. The building itself features high-quality construction and finishes, reflecting its Class A designation. Its strategic location provides excellent access to the I-215 freeway and the CA-60/215 interchange, ensuring convenient commutes for employees and clients. The surrounding area is vibrant, with nearby retail amenities, schools, parks, and numerous businesses. The property also benefits from its proximity to the popular residential neighborhoods of Mission Grove, Orange Crest, and Woodcrest, creating a strong local workforce pool. Furthermore, the expansive and thriving industrial zone nearby adds to the area's economic dynamism and potential for business growth. Public transportation options also serve the area, enhancing accessibility. This exceptional office space presents a unique opportunity for businesses seeking a prestigious and well-connected location in a thriving community. The available space is ideal for a variety of executive office needs.

Property profile

Verified
Property type Office buildings
Use group OFFICE BUILDING
Year built 2007
Construction TILT-UP CONCRETE
Total area 25,648 SF
Lot 2.36 ac (102,801 SF)
APN 276-160-032
UPID US09-1816544

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

7880 Msn Grv S Pkwy Riverside, CA 92508-6000
Riverside metro Census 42012 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.72M

Owner & transaction history

since 2024
4 recorded transactions
2024
Price N/A
2006
$1.0M
1969
Price N/A
1969
Price N/A

Zoning & alternative use

Top alternative use upside
Medical building $7.5M +23.1%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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