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3912 Merrill Ave 3,060 SF Office Building Riverside, CA 92506 $1,395,764 CAD ($456.13 CAD/SF) 4.70% Cap Rate
EXECUTIVE SUMMARY
Within the Magnolia Business & Retail Area of the city with All types of Businesses. Jurupa Ave to the North, Central Ave to the South & adjacent to Magnolia Ave. Close Proximity to FRWY 91, 60 & 215 ON/Off Ramps & convenient City & County Public Transportation. East of Regal Riverside Plaza Mall. National, Regional & Local Retailers, Restaurants, Businesses & Abundant Employment base & much more.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,060 SF
Building Class
B
Year Built
1980
Price
$1,395,764 CAD
Price Per SF
$456.13 CAD
Cap Rate
4.70%
NOI
$65,601 CAD
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,060 SF
Building FAR
0.41
Lot Size
0.17 AC
Zoning
CG - Commercial General
Parking
5 Spaces (1.63 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
- Signage
1 1
Walk Score®
Very Walkable (86)
Bike Score®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 225-133-009 | Improvements Assessment | $587,385 CAD |
| Land Assessment | $221,222 CAD | Total Assessment | $808,607 CAD |
PROPERTY TAXES
Parcel Number
225-133-009
Land Assessment
$221,222 CAD
Improvements Assessment
$587,385 CAD
Total Assessment
$808,607 CAD
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3912 Merrill Ave
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