3912 Merrill Ave
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3912 Merrill Ave
3,060 SF Office Building Riverside, CA 92506 £782,362 (£256/SF) 4.70% Net Initial Yield
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
£782,362
Price Per SF
£256
Net Initial Yield
4.70%
NOI
£36,771
Tenancy
Single
Number of Floors
1
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 Route
- Signage
1 of 1
Walk Score ®
Very Walkable (86)
Bike Score ®
Very Bikeable (77)
PROPERTY TAXES
| Parcel Number | 225-133-009 | Improvements Assessment | £313,413 |
| Land Assessment | £118,039 | Total Assessment | £431,452 |
PROPERTY TAXES
Parcel Number
225-133-009
Land Assessment
£118,039
Improvements Assessment
£313,413
Total Assessment
£431,452
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3912 Merrill Ave
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