Office

Fairmount Office Plaza

4371 Latham St., Riverside, CA 92504

Price

Price on request

Square Feet

42,000

Market rate estimate — not broker-provided

Cost-of-Business Details

Medium Confidence

Low

$9.90/SF

Mid

$12.38/SF

High

$14.86/SF

Tier Used

tax_cap_reverse

Estimated from market cap rate (4.0%), property tax rate (0.01%), and wage-adjusted baseline.

Tier Resolution Trace

Tier 1insufficient_data

Tier 2successselected

Cost Breakdown

Component	Value	Detail	Source
Base Rent	$12.38/SF	—	tax_cap_reverse
Utilities	—	7.3¢/kWh	OpenEI URDB
Property Tax	—	0.0% eff. rate	API Ninjas
Labor Index	—	$1073/wk	BLS QCEW

Source Provenance (3)

Source	Type	Count	Year	Freshness	Peer
Market Reports	cap_rate	—	—	quarterly	—
API Ninjas	property_tax	—	—	annual	—
BLS QCEW	wage_index	—	—	quarterly	—

Data sources used

market_reportsproperty_taxwage_index

Description

White concrete tilt-up and blue solar reflective glass.

Property description as provided by the listing source. PropZone adds independent market context, valuation estimates, and comparable listings.

Location

4371 Latham St., Riverside, CA 92504

Leaflet © OpenStreetMap contributors

Property Details

Building Size42,000 SF

Year Built1988

Market Context

This office in Riverside, CA is listed for sale across 42,000 SF. The building dates to 1988. It has been on the market for 142 days.

As of Q1 2026, the Inland Empire office market showed cap rates around 4.0%. Source: multiple brokerages Q1 2026 market report.

Projected current pricing

low confidence

Projected asking rent

$12.36–$12.62/SF/yr

Estimated sale value

$150–$199/SF

Modeled estimate (income approach) shown as a range — not an appraisal. Projected asking rent × occupancy × net-operating-income margin band ÷ market cap rate, from Q1 2026 www lee-associates com data (cap rate 4.0%, asking rent trend-adjusted to today).

View the full Inland Empire Office market report →

Compare it against other office listings for sale in Riverside, CA to benchmark pricing and space — view the full market.

Office market FAQ

What is the typical cap rate for office in Inland Empire?: About 4.0% as of Q1 2026, per multiple brokerages.

Unified Estimate

Medium Confidence

$8.02/SF-$10.84/SF

Mid: $9.43/SF

Total estimate for 42,000 SF

$396,060

Rate-first confidence-weighted blend with cost-of-business adjustment.

Sale Price History

Market report quarterly trend fallback

Low Confidence

Investment Analysis

Beta Feature: Investment Analysis is currently in beta testing. Metrics are calculated based on available financial data and market comparables. Results are for informational purposes and should not be considered financial advice. Verify all assumptions and consult with a financial advisor before making investment decisions.