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    1246 Washington St Riverside, CA 92506

    For Lease
    $5,500 /Mo

    Commercial Lease - Riverside, CA

    Property size:
    239,580 SF
    Days on Market:
    657
    Last Refresh:
    Dec 14 at 6:06 am

    Property Features for 1246 Washington St

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    242080017
    Size
    239,580 SF

    Building Details

    Architectural style
    Other

    Provenio Realty and Investment (626) 303-7936 [email protected]

    Listing agent Mike Vachani (626) 303-7936 License #01279002

    Listing date Feb 27, 2024

    MLS# AR24040255 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Riverside Agricultural Land For Lease

    This prime agricultural land is available for lease in the city of Riverside. The flat land, approximately 5.5 acres, is suitable for agricultural, equestrian, farmers market, or retail nursery use. The property has a public water connection and approximately 525 feet of frontage along Washington Street. It is surrounded by track homes to the east, custom homes and estates, agricultural land, large nurseries, and an equestrian center. The property is located between Bradley to the north, Washington to the east, and Gladstone to the south and west. The current zoning code allows a stand to sell produce grown on the site, and the site can be used as a farmers’ market if the city allows stands from other producers. The property is also suitable for a retail nursery. The site has frontage on both Washington Street and Gladstone Street for easy access. The location is near a high-income neighborhood, and traffic count was more than 16,000 cars in 2019 along Washington Street. The property owner will cooperate with a potential tenant to obtain zoning variation for a farmers’ market or plant nursery.
    Property Profile Location Intelligence

    Current Use by Public Records

    Farms

    Suggested Use

    Realty agency Law Firm Wholesale Shop Auto Repair Shop Gym & Fitness Pharmacy Department Store Skin Care Clinic Kitchen & Bath Food Market

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.384296
    Latitude
    33.906563

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    FAQs

    What type of property is this?
    Farm - 5.5 acres of flat land suitable for agricultural or equestrian uses.
    Where is this farm located?
    The property is located at 1246 Washington St Riverside, CA.
    What is the lease rate?
    The lease rate is $0.28 SF/Yr.
    What are key features of this property?
    This property features: - Prime 5.5-acre flat agricultural land available for lease in Riverside, close to Los Angeles.; - Zoning allows for a stand to sell produce grown on-site and is suitable for a retail nursery.; - **High-traffic location with over 500 feet of frontage on Washington Street (16,000+ cars daily).**
    (626) 303-7936
    Request Owner's contact information
    1246 Washington St Riverside, CA 92506
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    Riverside, CA 92506
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

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    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1246 Washington St Riverside, CA 92506
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