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    Sec Ctr St & California Ave Riverside, CA 92507

    For Sale
    $3,950,000

    7.95 acres for retail, office, or commercial mixed-use development.

    Property size:
    7 SF
    Lot size:
    7.95 Acres

    Property Features for Sec Ctr St & California Ave

    General Information

    Size
    7 SF
    Lot size
    7.95 Acres

    Source: Matt Weaver Agent Matt Weaver

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    7.95 Acres For Mixed-Use Development

    This 7.95-acre property is suitable for retail, office, or commercial mixed-use development. It is located at the southeast corner of Center Street and California Avenue. The property is adjacent to Highgrove Town Center, which has 846 pending townhomes. Situated in a growing community, the location is highly desirable for retail and office use. The property provides excellent freeway access to the I-215 and State Routes 60 & 91 and is minutes from Downtown Riverside.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Map

    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.33
    Latitude
    33.9841

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    FAQs

    What type of property is this?
    Commercial land - 7.95 acres for retail, office, or commercial mixed-use development.
    Where is this commercial land located?
    The property is located at Sec Ctr St & California Ave Riverside, CA.
    What is the asking price?
    The asking price for this property is $3,950,000.
    What are key features of this property?
    This property features: - 7.95 Acres for Retail, Office, or Commercial mixed-use development; - Excellent freeway access to I-215 and State Routes 60 & 91; - Highly desirable location in a growing community
    (619) 203-4967
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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

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    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
    Sec Ctr St & California Ave Riverside, CA 92507
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