RIVERSIDE INDUSTRIAL DEALS NOW
- $4,997,660
RIVERSIDE INDUSTRIAL DEALS NOW
- $4,997,660
Description
INDUSTRIAL PROPERTY SHOWCASE
| 1425 Palmyrita Ave Riverside, CA 92507 14,699 SF Industrial Building ($340/SF) 5.70% Cap Rate $4,997,660 |
1425 Palmyrita Avenue — Riverside, CA
Corporate Spotlight
This property is leased to Irrometer Company, Inc., a globally recognized manufacturer of soil moisture measurement tools—including IRROMETER tensiometers and WATERMARK sensors—operating from this exact site in Riverside. With over 70 years of industry legacy, Irrometer’s presence confirms the location’s appeal for high-reliability manufacturing and R&D operations. irrometer.comMapQuest
The Property
Presenting Bldg E — 1425 Palmyrita Avenue, a fully leased, investment-grade industrial asset. Built in 2005, the property offers ±14,699 SF under lease, ±24’ clear height, three grade-level doors, and a substantial fenced yard. Offered at $4,997,660 ($340/SF), and delivering a 5.70% cap rate, this Opportunity-Zone asset is a standout for strategic, long-term investors.
Area Industrial Pulse
Riverside’s industrial market continues to benefit from its logistical advantage and manufacturing strength. The area remains a magnet for corporate tenants and institutional capital, with rising rent performance and limited vacant modern buildings reinforcing its resilience. The presence of a seasoned manufacturer like Irrometer only strengthens the location’s industrial credentials.
Location Advantage
Located near the 60 Freeway, with rapid freeway access to I-215, 91, and 10, this site offers seamless regional and statewide connectivity. The yard and service access elevate the property’s usability for complex or high-touch industrial operations.
Industrial Momentum
- High demand and low vacancies in modern industrial product.
- Continued rent growth supported by Amazon-scale leasing and logistics expansion.
- Investor interest remains hot for stable, income-producing assets in Inland Empire markets.
Why This Property?
1425 Palmyrita Avenue is a premiere Lease-Anchor Investment:
- Strong Corporate Tenant in place.
- Modern, functional assets with infrastructure that supports industrial and R&D use.
- Stable, market-leading cap rate with Opportunity Zone incentives.
- Access and yard add operational flexibility and appeal.
Industrial Property Specs
| Category | Details | Highlights |
|---|---|---|
| Building Size | ±14,699 SF | Investment-grade industrial |
| Year Built | 2005 | Modern construction |
| Lot Size | 0.81 AC | Oversized fenced yard |
| Clear Height | 24’ | Efficient industrial space |
| Loading Doors | 3 Grade-Level Doors | Ease of shipping & receiving |
| Zoning | MP – Industrial Manufacturing Park | Riverside zoning suited to industrial use |
| Parking Ratio | 2 / 1,000 SF | Adequate on-site parking |
| Tenancy | Single – Leased | Fully occupied |
| Cap Rate | 5.70% | Strong yield |
| Price | $4,997,660 ($340/SF) | Lease-ready investment offering |
| Opportunity Zone | Yes | Tax incentive potential |
Links
Riverside County Economic Development Dept.
Argossy International Properties
Address
Open on Google Maps- Address: 1425 Palmyrita Ave Riverside, CA 92507
- City: Riverside
- State/county: CALIFORNIA
- Zip/Postal Code: 92507
- Area: Riverside County
Details
- Price $4,997,660
