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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    8320 Msn Blvd Riverside, CA 92509-2970

    • Office buildings
    • 1,368 SF
    • 0.29 lot acres
    OFF-MARKET
    Last Sale
    Jun 22, 2021
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US10-2960006
    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

    • Shining Star Real Estate / Real Estate Agency
    • Davila Services / Tax Preparation
    • VELD Mobile Sandblasting / Sandblasting Service
    • Torres Immigration and Tax Services Riverside CA / Immigration & Naturalization Service / Marriage Celebrant
    • Rapid Auto Tags / Auto Tag Agency

    Property Details for 8320 Msn Blvd

    Year built
    1945
    Construction
    WOOD
    Lot size
    0.29 lot acres
    Property size
    1,368 SF
    Zone code
    CP
    Property type
    Office buildings
    APN
    171-260-010
    APU
    171260010

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.465
    Latitude
    34.0115
    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
    $4,632
    $116,148
    $310,202
    $426,350
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      7920 Limonite Ave Ste A

      OFFICE BUILDING
      7920 Limonite Ave Ste A, Riverside, CA 92509-0107
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      2,584 SF

      4183 Riverview Dr

      OFFICE BUILDING • 2,584 SF
      4183 Riverview Dr, Riverside, CA 92509-6616
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    • Value Estimation by Request
      2.00 Acres

      6021 Limonite Ave

      OFFICE BUILDING • 2.00 Acres
      6021 Limonite Ave, Riverside, CA 92509-5647
      View Details
    • Value Estimation
      $680,000
      6.45 Acres

      5961 Msn Blvd

      OFFICE BUILDING • 6.45 Acres
      5961 Msn Blvd, Riverside, CA 92509-4214
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    • Value Estimation by Request

      2906 Rubidoux Blvd, Unit ABC

      OFFICE BUILDING
      2906 Rubidoux Blvd, Riverside, CA 92509-2136
      View Details
    • Value Estimation
      $3,750,000
      26,695 SF

      1490 Rubidoux Blvd

      OFFICE BUILDING • 26,695 SF
      1490 Rubidoux Blvd, Jurupa Valley, CA 92509-1840
      View Details

    Similar Nearby for Sale

    • $2,300,000
      10,460 SF

      Commercial Buildings with Office Space

      Two buildings: warehouse and office near major freeways.
      8551-8559 Mission Blvd, Riverside, CA 92509
      View Details
    • $1,550,000

      Jurupa Valley Commercial/Retail Opportunity

      Commercial building suitable for office, retail, or restaurant use.
      9240 Limonite Ave, Jurupa Valley, CA 92509
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    • $224,000

      Versatile Property on Mission Blvd

      Retail, office, or warehouse opportunity with convenient rear parking.
      5543 Mission Blvd, Jurupa Valley, CA 92509
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    • $950,000
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      Riverside Commercial Property For Sale

      Two-parcel commercial property with development potential in Riverside, CA.
      5754 Tilton Ave, Riverside, CA 92509
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    • $950,000
      30,937.00 Acres

      Commercial Land in Jurupa Valley

      Two-parcel commercial property with potential for residential conversion.
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    • $1,195,000
      3,700 SF

      Jurupa Valley Commercial Opportunity

      Commercial property in high-traffic area with multiple potential uses.
      8178 Mission Blvd, Jurupa Valley, CA 92509
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    Similar Nearby for Lease

    • Contact for pricing

      Fully Leased Office Building

      Office building in Riverside, CA, currently 100% leased.
      2904 Rubidoux Blvd, Riverside, CA 92509
      View Details
    • $14 SF/Yr
      28,733 SF

      Prime Riverside County Office/Industrial Space

      Flexible spaces, ideal for various businesses. High-visibility location.
      2902-2976 Rubidoux Blvd, Riverside, CA 92509
      View Details
    • $1.20 SF/Yr
      5,151 SF

      Riverside Office/Flex Space Available

      Office/flex space for lease in Riverside, California.
      2902 Rubidoux Blvd, Riverside, CA 92509
      View Details
    • $2,700 /Mo
      1,200 SF

      Jurupa Valley Retail/Office Condominium

      Retail/office condominium unit in well-located shopping center for lease.
      9085 Mission Blvd, Jurupa Valley, CA 92509
      View Details
    • Contact for pricing
      36,130 SF

      Jurupa Valley Retail Spaces

      Prime Retail & Restaurant Spaces in Jurupa Valley, CA
      8032 Limonite Ave, Jurupa Valley, CA 92509
      View Details
    • $42 SF/Yr
      30,000 SF

      9241 Limonite Ave

      Lifestyle centers • 30,000 SF
      9241 Limonite Ave, Jurupa Valley, CA 92509
      View Details
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    8320 Msn Blvd
    Riverside, CA 92509-2970
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    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
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