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Property profile & analytics
OFF-MARKET Estimated value $905,000
Warehouses

86 Rider St Perris, CA 92571

43,648 SF 1.51 ac lot Built 2023
Entity Owned 5-yr Hold Absentee Owner Free & Clear
Property ID
US09-4377152
Property summary
AI-generated overview

This exceptional 43,648-square-foot manufacturing facility, situated on a 2.46-acre lot in Riverside County, presents a unique opportunity for businesses seeking a modern and efficient workspace. The building boasts a single-tenant occupancy, offering complete control and customization. Construction commenced in September 2022, with an estimated completion date of October 2023. The property features a substantial 139-foot all-concrete truck court, ensuring ease of access and maneuverability for large vehicles. High ceilings, measuring 28 feet, provide ample vertical space for various manufacturing processes. The building includes one loading dock and five dock-high doors, facilitating efficient loading and unloading operations. Ample parking is available with 47 spaces. The facility is equipped with robust 800-amp, three-phase power, supporting demanding industrial applications. The property is zoned PVCC, and NNN charges are set at $0.25 per square foot per month. This state-of-the-art facility offers a turnkey solution for businesses seeking a modern, functional, and strategically located manufacturing space. The vacant building is ready for immediate occupancy upon completion. This is an exceptional opportunity to secure a prime location in a thriving industrial area.

Property profile
Verified
Property type Warehouses
Use group WAREHOUSE, STORAGE
Year built 2023
Construction TILT-UP CONCRETE
Total area 43,648 SF
Lot 1.51 ac (65,775 SF)
APN 303-293-009
UPID US09-4377152
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
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$774k
Blend (final) Blend
$905k
Owner & transaction history
Ms Perris LLC · 5 yrs held
Ms Perris LLC
since 2021
Last sale
$903,000
4 recorded transactions
2022
Price N/A
2021
$903,000
2021
Price N/A
2019
$150,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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