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1425 Palmyrita Ave
Riverside, CA 92507

Bldg E · Industrial Property For Sale

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Investment Highlights

Call to tour.

SINGLE-TENANT LEASED INVESTMENT

Executive Summary

Offering a single-tenant leased investment at 1425 Palmyrita Ave. in Riverside CA. The asset measures 14,699 square feet of building featuring 24 feet clear height, oversized yard, 3 ground level doors,. Built in 2005 in an outstanding location. Excellent access.

PROPERTY FACTS

Sale Type	Investment	No. Stories	1
Cap Rate	5.70%	Year Built	2005
Property Type	Industrial	Tenancy	Single
Property Subtype	Manufacturing	Parking Ratio	2/1,000 SF
Building Class	A	Clear Ceiling Height	24 FT
Lot Size	0.81 AC	No. Drive In / Grade-Level Doors	3
Rentable Building Area	14,699 SF	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Sale Type	Investment
Cap Rate	5.70%
Property Type	Industrial
Property Subtype	Manufacturing
Building Class	A
Lot Size	0.81 AC
Rentable Building Area	14,699 SF
No. Stories	1
Year Built	2005
Tenancy	Single
Parking Ratio	2/1,000 SF
Clear Ceiling Height	24 FT
No. Drive In / Grade-Level Doors	3
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

Fenced Lot

Skylights

PROPERTY TAXES

Parcel Number	247-140-038	Improvements Assessment	$799,826
Land Assessment	$329,906	Total Assessment	$1,129,732

PROPERTY TAXES

Parcel Number

247-140-038

Land Assessment

$329,906

Improvements Assessment

$799,826

Total Assessment

$1,129,732

zoning

Zoning Code	MP, Riverside (industrial manufacturing park)
MP, Riverside (industrial manufacturing park)

Learn More About Investing in Industrial Properties

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Listing ID: 33550582
Date on Market: 10/17/2024
Last Updated:
Address: 1425 Palmyrita Ave, Riverside, CA 92507

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