NOI / Year
$-10,050
Cap Rate
-0.24%
GRM
0.00x
DSCR
-0.04
CommercialFractional
Warehouse-to-Office Adaptive Reuse
location_on1620 Industrial Blvd, Riverside, CA 92504
List Price
$4,200,000
Sq Ft
22,000
Built
1979
person
Developer
Creative Capital LLC
infoProperty Overview
Developer converting 22,000 sqft warehouse into creative office suites. Raising $1.8M in equity from fractional investors. Pro forma at 8.2% stabilized cap rate.
Square Feet
22,000
Lot Size
1.2 Acres
Year Built
1979
Cap Rate
8.2%
Key Features
22,000 SFCreative Office Conversion8.2% Pro Forma CapRaising $1.8MStabilized Play
trending_upIncome Assessment
Rent Scenario
Units
Gross Annual Income$0
Price per SqFt$191
Est. Cap Rate-0.24%
calculateUnderwriting — Annual Expenses
$
$
$
$
$
$
8%
Total Annual Expenses$10,050