Commercial Retail and Office
For Sale
Contact for pricing
3768 TENTH ST, Riverside, CA 92501
For sale near city hall and historic courthouse, offering approximately 5,350 sq. ft. of commercial building space.
Property Size5,350 SF
Price / SF$242.99
Days on Market173
Property Features for 3768 TENTH ST
General Information
Standard status
Active
Size
5,350 SF
Class
B
Property subtype
Retail, Office
Investment Type
Owner/User
Building Details
Year Built
1967
Buildings
1
Stories
1
Units
1
Listing Agency:
Thompson Commercial Real Estate Investment Services Inc
Listed By:
Roger Thompson · License #CA 01310608
Source:
Crexi
Added: May 1
Changed: Oct 11
Last Checked: Oct 19 at 6:53AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Thompson Commercial Real Estate Investment Services Inc
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This for-sale commercial building offers approximately 5,350 sq. ft. of retail and office space. The property is being marketed as a general commercial asset suitable for mixed-use business occupancy based on its listed retail and office unit profile.
The building is located near the city hall and historic courthouse, placing it in a civic-focused area.
The available information does not specify the internal unit layout or tenant improvements, so prospective buyers or brokers should confirm configuration and finish details during due diligence.
The building is located near the city hall and historic courthouse, placing it in a civic-focused area.
The available information does not specify the internal unit layout or tenant improvements, so prospective buyers or brokers should confirm configuration and finish details during due diligence.
Key Highlights
- Approximately 5,350 SF commercial building available for sale
- Year built: 1967
- Located near city hall and the historic courthouse
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$110,889
Cap Rate
8.53%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,217,780
$2.2M
Cap Rate 7%
$1,584,129
$1.6M
Cap Rate 9%
$1,232,100
$1.2M
Market Conditions
NOI Build-Up for 5,350 SF
Gross rent
$157.3K $29.40/SF
− Vacancy
−$9.4K −$1.76/SF
EGI
$147.9K $27.64/SF
− OpEx
−$37.0K −$6.91/SF
NOI
$110.9K $20.73/SF
Area
Riverside, CA
Vacancy
6.00%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,217,780
Cap Rate 7%
$1,584,129
Cap Rate 9%
$1,232,100
Alternative Uses
Best Use
Office B
$1.58M
$1.39M – $1.85M
NOI $110,889 @ 7.0% cap · market cap 8.53%
Second Best
Retail
$1.10M
$958.6K – $1.28M
NOI $76,686 @ 7.0% cap · market cap 5.90%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M
NOI $128,482 @ 7.0% cap · market cap 9.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
3,346
Businesses Nearby
Explore this area
Business Placement
Demographics for 92501, CA
22,017
Population
7,488
Households
2.9
Avg Household Size
35
Median Age
18%
College-Educated
81%
High-School Grad
5.6 sq mi
ZIP Area
3,932
Density / Sq Mi
$83,027
Median Household Income
$41,780
Median Earnings
$1,615
Median Rent
$466,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Retail space - For sale near city hall and historic courthouse, offering approximately 5,350 sq. ft. of commercial building space.
Where is this retail space located?
The property is located at 3768 TENTH ST Riverside, CA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Approximately 5,350 SF commercial building available for sale; Year built: 1967; Located near city hall and the historic courthouse
