+/- 1.97 acre lot for sale...is submitted subject to the possibility of errors, omissions, change of...

KW COMMERCIAL

PATRICK SHARPLESDirector0: 714.293.2792C: [email protected] DRE# #01245463

TOM GONZALEZDirectorO: 714.441.8721C: [email protected] DRE# #01487226

+/- 1.97 Acre Lot For Sale

OFFERING MEMORANDUM

PRESENTED BY:

RIVERSIDE, CA

OFFERING MEMORANDUM

www.kwcommercial.com 2

KW COMMERCIAL

Confidentiality & Disclaimer

PATRICK SHARPLESDirector0: 714.293.2792C: [email protected] DRE# #01245463

TOM GONZALEZDirectorO: 714.441.8721C: [email protected] DRE# #01487226

All materials and information received or derived from KW Commercial its directors, officers, agents, advisors, affiliates and/or any third party sourcesare provided without representation or warranty as to completeness , veracity, or accuracy, condition of the property, compliance or lack of compliancewith applicable governmental requirements, developability or suitability, financial performance of the property, projected financial performance of theproperty for any party’s intended use or any and all other matters.

Neither KW Commercial its directors, officers, agents, advisors, or affiliates makes any representation or warranty, express or implied, as to accuracy orcompleteness of the materials or information provided, derived, or received. Materials and information from any source, whether written or verbal, thatmay be furnished for review are not a substitute for a party’s active conduct of its own due diligence to determine these and other matters ofsignificance to such party. KW Commercial will not investigate or verify any such matters or conduct due diligence for a party unless otherwise agreed inwriting.

EACH PARTY SHALL CONDUCT ITS OWN INDEPENDENT INVESTIGATION AND DUE DILIGENCE.

Any party contemplating or under contract or in escrow for a transaction is urged to verify all information and to conduct their own inspections andinvestigations including through appropriate third party independent professionals selected by such party. All financial data should be verified by theparty including by obtaining and reading applicable documents and reports and consulting appropriate independent professionals. KW Commercialmakes no warranties and/or representations regarding the veracity, completeness, or relevance of any financial data or assumptions. KW Commercialdoes not serve as a financial advisor to any party regarding any proposed transaction.

All data and assumptions regarding financial performance, including that used for financial modeling purposes, may differ from actual data orperformance. Any estimates of market rents and/or projected rents that may be provided to a party do not necessarily mean that rents can beestablished at or increased to that level. Parties must evaluate any applicable contractual and governmental limitations as well as marketconditions,vacancy factors and other issues in order to determine rents from or for the property. Legal questions should be discussed by the party withan attorney. Tax questions should be discussed by the party with a certified public accountant or tax attorney. Title questions should be discussed by theparty with a title officer or attorney. Questions regarding the condition of the property and whether the property complies with applicable governmentalrequirements should be discussed by the party with appropriate engineers, architects, contractors, other consultants and governmental agencies. Allproperties and services are marketed by Anaheim Hills / Yorba Linda in compliance with all applicable fair housing and equal opportunity laws.

We obtained the information above from sources we believe to be reliable. However, we have not verified its accuracy and make no guarantee, warranty or representation about it. Itis submitted subject to the possibility of errors, omissions, change of price, rental or other conditions, prior sale, lease or financing, or withdrawal without notice. We includeprojections, opinions, assumptions or estimates for example only, and they may not represent current or future performance of the property. You and your tax and legal advisorsshould conduct your own investigation of the property and transaction.

OFFERING MEMORANDUM

PRESENTED BY:

RIVERSIDE, CA

http://www.kwcommercial.com

PROPERTY INFORMATION

1 | PROPERTY INFORMATION

EXECUTIVE SUMMARY

PROPERTY DETAILS

ADDITIONAL PHOTOS

1PROPERTY INFORMATION4175 LINDSAY STREET

OFFERING MEMORANDUM


OFFERING SUMMARY

SALE PRICE: $ 1,200,000

LOT SIZE: 85,877 SF

ZONING: C-1 / RT

MARKET: Inland Empire

SUBMARKET: Riverside

PRICE / SF: $ 13.97/SF

PROPERTY OVERVIEW+/- 1.97 Acre lot for sale located at the signalized corner of Mission Blvd andLindsay St in Jurupa Valley. Property consists of large, flat and usable land.Property consists of two APN's (170-150-037 and 170-150-014). Many GeneralCommercial uses are allowable (verify which specific uses are possible with theCity). Potential for development.

PROPERTY HIGHLIGHTS• Large, flat continuous lots comprising of approximately 1.97 acres

• Located on a signalized corner

• Close proximity to the CA 60 and I-15 freeways

• Potential development opportunity

• Owner user or investment

• Many uses possible

• +/- 500 SF office unit included

• +/- 5,000 SF management/storage canopy

• Outdoor storage may be permissible (verify with City)

• Fenced yard

Executive Summary

4175 LINDSAY STREET 1 | PROPERTY INFORMATION



SALE PRICE $0.00 - $13.76 / SF

LOCATION INFORMATION

Street Address 4175 Lindsay Street

City, State, Zip Riverside, CA 92509

County/Township Riverside

Market Inland Empire

Submarket Riverside

Cross Streets Signalized corner of Mission Blvd and

Lindsay Street

PROPERTY DETAILS

Property Type Land

Property Subtype Industrial

Zoning C-1 / RT

Lot Size 85,877 SF

APN# 170-150-014, 170-150-037

Property Details




Additional Photos



LOCATION INFORMATION

2 | LOCATION INFORMATION

RETAILER MAP

REGIONAL MAP

LOCATION MAPS

AERIAL MAP

2LOCATION INFORMATION4175 LINDSAY STREET

OFFERING MEMORANDUM


Retailer Map

4175 LINDSAY STREET 2 | LOCATION INFORMATION



Regional Map




Location Maps




Aerial Map



SALE COMPARABLES

3 | SALE COMPARABLES

SALE COMPS

SALE COMPS SUMMARY

SALE COMPS MAP

3SALE COMPARABLES4175 LINDSAY STREET

OFFERING MEMORANDUM


3.89 Acres of commercial land

1

Mission Blvd

Jurupa Valley, CA 92509

$2,250,000Sale Price: 169,448 SFLot Size:

$13.28Price PSF: $578,406Price / AC:

08/30/2017Closed:

1

1.90 Acres of industrial land

2

13804 Jurupa Ave

Fontana, CA 92337



05/16/2018Closed:

2


3

11295 Inland Ave

Jurupa Valley, CA 91752

$690,000Sale Price: 48,787 SFLot Size:


05/17/2018Closed:

3


4

Santa Ana Ave

Fontana, CA 92337



05/04/2018Closed:

4

Sale Comps

4175 LINDSAY STREET 3 | SALE COMPARABLES



1

2

3

4

SALE COMPS PRICE BLDG SF LOT SIZE PRICE/SF PRICE/AC CAP

Mission BlvdJurupa Valley, CA92509

$2,250,000 - 3.89 AC $13.28 $578,406 -

13804 Jurupa AveFontana, CA92337

$1,500,000 - 1.9 AC $18.12 $789,473 -

11295 Inland AveJurupa Valley, CA91752

$690,000 - 1.12 AC $14.14 $616,071 -

Santa Ana AveFontana, CA92337

$1,851,500 - 2.39 AC $17.78 $774,686 -

PRICE BLDG SF LOT SIZE PRICE/SF PRICE/AC CAP

Totals/Averages $1,572,875 - 2.33 AC $15.50 $675,053 -

Sale Comps Summary




4175 Lindsay Street | Riverside, CA 92509SUBJECT PROPERTY

1Jurupa Valley, CA92509

MISSION BLVD 2Fontana, CA92337

13804 JURUPA AVE

3Jurupa Valley, CA91752

11295 INLAND AVE 4Fontana, CA92337

SANTA ANA AVE

Sale Comps Map



DEMOGRAPHICS

4 | DEMOGRAPHICS

DEMOGRAPHICS MAP

4DEMOGRAPHICS4175 LINDSAY STREET

OFFERING MEMORANDUM


POPULATION 1 MILE 3 MILES 5 MILES

Total population 6,677 76,247 180,245

Median age 32.0 31.8 30.8

Median age (male) 32.3 31.0 30.0

Median age (Female) 31.1 32.3 31.5

HOUSEHOLDS & INCOME 1 MILE 3 MILES 5 MILES

Total households 1,921 20,883 47,459

# of persons per HH 3.5 3.7 3.8

Average HH income $56,041 $68,228 $74,548

Average house value $372,088 $382,350 $382,178

* Demographic data derived from 2010 US Census

Demographics Map

4175 LINDSAY STREET 4 | DEMOGRAPHICS


+/- 1.97 acre lot for sale...is submitted subject to the possibility of errors, omissions, change of...

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