Corner Residential Development
For Sale
$499,950
3496 Commerce Street, Riverside, CA 92507
Land, Riverside, CA
Property SizeContact for details
Lot Size0.20 Acres
Days on Market570
Property Features for 3496 Commerce Street
General Information
Property type
Land
Property subtype
Other
Zoning
R3
Lot features
2-5 Units/ Acre
Directions
Go north on Commerce
Subdivision
252 - Riverside
Standard status
Active
APN
211022003
Lot size
0.20 Acres
Utilities
Water source
Public
Listing Agency:
Realty ONE Group West
(951) 547-8400
Listed By:
Nikki Pelley · License #01320648
(951) 202-6677
Added: Feb 8, 2025
Changed: Aug 20
Last Checked: Sep 1 at 12:06AM
MLS# IG25029168
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
This corner lot is located in downtown Riverside and was recently rezoned to R3 by the city. The rezoning is part of a redevelopment effort involving older packing houses that were previously zoned commercial and/or industrial. City plans for new streets, curbs, and gutters are underway, and buyers should confirm the details with the City Planning Department.
The property is offered for sale and is addressed at 3496 Commerce Street, Riverside, CA 92507. The lot is listed at 0.2 acres, and the current zoning designation is R3.
Because plans for the surrounding streets and site improvements are being coordinated by the city, potential buyers are encouraged to review the current redevelopment and infrastructure timeline directly with the appropriate municipal departments.
The property is offered for sale and is addressed at 3496 Commerce Street, Riverside, CA 92507. The lot is listed at 0.2 acres, and the current zoning designation is R3.
Because plans for the surrounding streets and site improvements are being coordinated by the city, potential buyers are encouraged to review the current redevelopment and infrastructure timeline directly with the appropriate municipal departments.
Key Highlights
- Corner lot in downtown Riverside
- Recently rezoned to R3 by the city as part of redevelopment of old packing houses
- Plans for new streets, curbs, and gutters by the city
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,159
Businesses Nearby
Explore this area
Business Placement
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Residential land & home lot - Corner lot in downtown Riverside, recently rezoned to R3 with city street and curb plans underway.
Where is this residential land & home lot located?
The property is located at 3496 Commerce Street Riverside, CA.
What is the asking price?
The asking price for this property is $499,950.
What are key features of this property?
This property features: Corner lot in downtown Riverside; Recently rezoned to R3 by the city as part of redevelopment of old packing houses; Plans for new streets, curbs, and gutters by the city
