General Commercial Land
501 N Palm Avenue Riverside, CA 92543
For Sale
$169,900
Versatile C-2 zoned commercial lot with option to purchase an on-site metal building for immediate occupancy or lease-up.
Lot Size0.29 Acres
Days on Market60
Property Features for 501 N Palm Avenue
General Information
Standard status
Active
Lot size
0.29 Acres
Property subtype
Lots/Land
Listing Agency:
Your Home Selling Pros
(951) 445-0691
Listed By:
David Limon · License #00908480
(951) 445-0691
Source:
Exitrealty
Added: May 31
Changed: Jul 22
Last Checked: Jul 29 at 6:34AM
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 Your Home Selling Pros
Investment Insights
Based on property information with market context.
This property is a versatile commercial land parcel zoned C-2 General Commercial. The listing is offered on a 12,632-square-foot lot, providing flexibility for a range of commercial or industrial-oriented uses and outdoor operational needs.
The property may also be purchased with an existing 3,600-square-foot metal building for an additional $75,000, which can support immediate occupancy or future lease-up depending on your plans. The remarks note a projected 8.42% cap rate with targeted improvements.
For buyers evaluating an owner-user setup or a repositioning strategy, the combination of C-2 zoning and the option to add the metal building offers a straightforward path to tailor the site to specific operating requirements.
The property may also be purchased with an existing 3,600-square-foot metal building for an additional $75,000, which can support immediate occupancy or future lease-up depending on your plans. The remarks note a projected 8.42% cap rate with targeted improvements.
For buyers evaluating an owner-user setup or a repositioning strategy, the combination of C-2 zoning and the option to add the metal building offers a straightforward path to tailor the site to specific operating requirements.
Key Highlights
- Zoned C‑2 General Commercial for flexible commercial use options
- 12,632‑SF commercial lot with room for expansion, outdoor storage, or operational flexibility
- Option to purchase a 3,600‑SF (40' x 90') metal building on‑site for an additional $75,000
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Commercial land - Versatile C-2 zoned commercial lot with option to purchase an on-site metal building for immediate occupancy or lease-up.
Where is this commercial land located?
The property is located at 501 N Palm Avenue Riverside, CA.
What is the asking price?
The asking price for this property is $169,900.
What are key features of this property?
This property features: Zoned C‑2 General Commercial for flexible commercial use options; 12,632‑SF commercial lot with room for expansion, outdoor storage, or operational flexibility; Option to purchase a 3,600‑SF (40' x 90') metal building on‑site for an additional $75,000
