Entity Owned Property summary
AI-generated overview
Located at 940 Columbia Avenue in the Hunter Park area of Riverside, this Class A cross-dock warehouse totals approximately 81,998 square feet and includes ESFR fire protection. The facility incorporates two separate two-story office areas totaling approximately 16,326 square feet, with Unit A at approximately 8,100 square feet and Unit B at approximately 8,226 square feet. Dock and loading consists of two drive-in grade level doors and 13 dock-high doors, with six equipped with pit levelers and two with edge of dock levelers; Unit A has six dock-high doors and Unit B has seven. The property features two secured concrete truck courts, a warehouse minimum clearance of 28 feet, and 600 amps of power that is separately metered. The building is designed to be divisible, and it has access to major freeways including I-215, as well as Highways 60 and 91.
Property profile
Verified
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Year built
2003
Construction
TILT-UP CONCRETE
Total area
74,140 SF
Lot
1.45 ac (63,162 SF)
Zoning code
MP
APN
249-070-033
UPID
US09-1662242
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Factory Production Facility
-
Big Box & Wholesale Store
Location
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
by Request
CAP Approach
CAP
by Request
Comparable Approach
Comparable
by Request
Blend (final)
Blend
by Request
Owner & transaction history
since 2022
Last sale
$26.1M
4 recorded transactions
Zoning & alternative use
MP · Riverside, CA
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
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Full NOI reconstruction, selected comps, alternative-use scenarios, data audit and PDF export.
All 3 comparables with addresses
Source audit · 6 inputs
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Summary
1
Valuation conclusion
Included free
Realmo’s models returned no estimation for this property yet.
2
Subject property
Included free
GBA
74,140 SF
Lot area
1.45 ac
Year built
2003
Stories
1
APN
249-070-033
Zoning
MP
Assessed value
$6,946,200
Annual tax
$79,790
3
Income approach: direct capitalization
Partial preview
Not enough income data on file for a CAP-approach estimation.
4
Sales comparison
Partial preview
Sales approach indication
$20.73M
Weighted, 3 comps · low confidence
Evidence
3 found · 3 selected
County-verified recorded sales
Comparable
Sale dateSale price$ / SF
9.2 mi away · 60,119 SF
21.3 mi away · 95,476 SF
5
Current market position
Included free
Benchmark
Observed band ($/SF)AverageSubject delta
ZIP 22 sales
$324
-14%
Submarket 58 sales
$280
+0%
County 354 sales
$295
-5%
Band = middle half (Q1–Q3) of recorded sale $/SF for this use type per geography; the diamond marks the subject at $280/SF. Delta below average reads as headroom. Source: Realmo CRE sales derivatives (county records).
6
Data & methodology
Included free
Building area
County record
Property tax
County record
Assessed value
County record
Zoning designation
County record
Operating expenses
Not available
Market rent
Not available
Not analyzed due to unavailable source data: actual rent roll, tenant leases, physical condition and capital
requirements are outside a desktop analysis.
Cost Approach excluded: replacement-cost inputs are not on file.
Automated valuation analysis, not a licensed appraisal. Figures are derived from public
records and proprietary models. Desktop analysis: no physical inspection, tenant leases or reported
property income. Verify with a licensed appraiser before transacting.
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
Unlock the complete Cap Rate workflow
Full market tables, editable assumptions, comparable evidence, saved work and exports.
9-scenario matrix
Comparable evidence · 3 sales
Market rates by use type
PDF export
Professional Plan · 30 reports
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Overview
No cap rate is computable for this property yet: no recorded sale, income signal or market-rate row for its use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Test a cap rate
Implied value$26.05M
Move the market yield to see immediate price impact.
Value / SF
$351
Vs. selected
Base
Derivation
NOI ÷ cap
Arithmetic over the derived NOI * — not market scenario modeling.
NOI × cap matrix
Preview
Preview of 9 modeled outcomes.
NOI
5.00%7.00%9.00%
$1.64M
$32.82M
$23.44M
$18.24M
$1.82M
$36.47M
$26.05M
$20.26M
$2.01M
$40.12M
$28.65M
$22.29M
NOI sensitivity ±10% across the 5 / 7 / 9% anchors — derivation of the NOI above.
Comparable evidence
Partial preview
Recorded sales nearby
3 found
Low confidence · county-verified
Closest comparable
$22.47M
9.0 mi · Dec 2025 · $280/SF
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$79,790
Tax year 2024
Assessed value
$6,946,200
Assessed 2024
Previous assessed
$6,946,200
+0.0% YoY
Effective rate
1.15%
On assessed value
Assessed land
$1,932,900
Assessed improvement
$5,013,300
Applied tax rate
9.0000
Automated cap rate analysis. Based on public records, market benchmarks and proprietary
models. Verify with a licensed professional before transacting.
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Other warehouses
Use group
WAREHOUSE, STORAGE
Status
Off-Market
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Total area
74,140 SF
Lot
1.45 ac (63,162 SF)
Zoning code
MP
APN
249-070-033
UPID
US09-1662242
Jurisdiction
RIVERSIDE
Zoning & alternative use
MP · Riverside, CAZoning MP · permitted uses
MP · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Building & site characteristics
From public records
Year built
2003
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
1
Lot
1.45 ac
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
County-recorded code
MP
Jurisdiction
Riverside, CA
Recorded code
MP
Zoning Insight
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for MP in Riverside, CA.
What opens after registration
Zoning profile
3 official documentsVerified municipal sources with file download
Match provenanceAssignment basis, match tier and confidence
Private report access
See the official zoning profile for this address.
Registration is required before the official district profile is shown.
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Ownership Intelligence
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
What opens after registration
Ownership report
Owner identityResolved entity and name variants
Portfolio holdingsLinked properties and estimated value
Deal signalsSell-side activity worth following
Debt & historyRecorded loans and transaction history
Private report access
See the ownership record for this address.
Registration is required before any owner information is shown.
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Owner of record and activity signals are derived from public records and modeled classifications.
They do not confirm beneficial ownership or intent to transact.
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