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The Grove - Building 1
1500 Iowa Avenue, Riverside, CA 92507
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- Property Type Office - General Office
- Property Size 50,128 SF
- Lot Size 3.31 Acre
- Parking Spaces Avail. 262
- Parking Ratio 5.23/ 1,000 SF
- Property Tenancy Multi-Tenant
- LEED Certified
- Building Class A
- Year Built 2006
- City Riverside, CA
- Neighborhood Hunter
- Zip Code 92507
- Market Inland Empire
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|370 17th Street #5500||MERRILL, (303) 446-5500||23,824 SF||$23/SF/YR||Modified
|370 17th Street
|Morrison & Foerster,
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Average Actual Rents in Riverside
Average rents use actual signed leases, aggregated for your specific search area and asset type with Yardi Market Insight. Be confident your price is competitive, with CommercialEdge.
Asking Rents in Riverside Office Market
Office rental rates are based on aggregated data of asking rates.
- 2020 Avg. Asking Rent $22.93
- 2020 Office Vacancy Rate 10.36%
- 2020 Office Completions (SF)
Riverside Office Sales Trends
All sale prices are based on publicly recorded, verified sales.
- 2020 Avg. Price per SF $189.42
- Y-o-Y Avg. PpSF Change 18.43%
- 2020 Office Sales Volume $80.8M
- 2020 Number of Transactions 7
- Property Tax in 2021-2022 $105,830
- Market Value* $9,488,987
- Assessed Value $9,488,987
Find more tax info, including assessment history and abatements, on CommercialEdge
*The displayed market value represents the assessed value determined by the appropriate local tax/financial authority. It is not the property’s latest sale price or a current market value based on recent area sales.
Frequently Asked Questions
What is the total square footage of The Grove - Building 1?
The Grove - Building 1 totals 50,128 square feet.
When was this property built?
The Grove - Building 1 was built in 2006.
When was The Grove - Building 1 last sold?
The Grove - Building 1 was last sold on 09 Jan, 2017.
What is the property tax for The Grove - Building 1?
The property tax for The Grove - Building 1 in 2021-2022 was $105,830.
What is the market value for The Grove - Building 1?
The market value* for The Grove - Building 1 in 2021-2022 was $9,488,987.
*This represents the market value determined by the appropriate local tax/financial authority, and not the latest sale price or current market value based on recent sales.
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