Riverside Commercial Property For
For Sale
$899,000
5430 Arlington Ave, Riverside, CA 92504
Freestanding building suited for medical or office use.
Property Size1,900 SF
Lot Size0.29 Acres
Days on Market140
Property Features for 5430 Arlington Ave
General Information
Standard status
Active
Size
1,900 SF
Lot size
0.29 Acres
Property subtype
Commercial
Building Details
Building Size
1,900 SF
Year Built
1946
Units
1
Listing Agency:
(818) 249-5222
Listed By:
Jason Kim
(818) 249-5222
Source:
Elliman
Added: Mar 31
Changed: Aug 9
Last Checked: Aug 16 at 5:12AM
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 Jason Kim
Investment Insights
Based on property information with market context.
This commercial property in Riverside is a freestanding building suited for medical or office use. Originally constructed as a residential structure, the property has been adapted for commercial functionality, offering a flexible layout that can accommodate a variety of healthcare or professional users. The interior includes multiple private rooms, administrative space, and a kitchenette. The property's configuration supports specialized layouts such as private exam rooms and functional circulation. Benefiting from a visible corner location, the property features convenient on-site parking and direct entry access. The single-story design allows for easy accessibility and operational efficiency. This asset presents a value-add opportunity through cosmetic upgrades and exterior repositioning, offering investors or owner-users the ability to enhance curb appeal and increase functionality.
Key Highlights
- Freestanding building suitable for medical or office use.
- Flexible layout with private rooms, administrative space, and kitchenette.
- Convenient on‑site parking and direct entry access.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,380
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,600
$727.6K
Cap Rate 7%
$519,714
$519.7K
Cap Rate 9%
$404,222
$404.2K
Market Conditions
NOI Build-Up for 1,900 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$52.4K $27.60/SF
− Vacancy
−$3.9K −$2.07/SF
EGI
$48.5K $25.53/SF
− OpEx
−$12.1K −$6.38/SF
NOI
$36.4K $19.15/SF
Area
ZIP 92504
Vacancy
7.50%
Lease Rate
$27.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$727,600
Cap Rate 7%
$519,714
Cap Rate 9%
$404,222
Alternative Uses
Best Use
Office B
$519.7K
$454.8K – $606.3K
NOI $36,380 @ 7.0% cap · market cap 4.05%
Second Best
Healthcare Medical
$438.5K
$383.7K – $511.6K
NOI $30,698 @ 7.0% cap · market cap 3.41%
Theoretical Best
Office A
$651.2K
$569.8K – $759.7K
NOI $45,581 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
599
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 92504, CA
54,642
Population
17,038
Households
3.2
Avg Household Size
36
Median Age
21%
College-Educated
82%
High-School Grad
22.7 sq mi
ZIP Area
2,407
Density / Sq Mi
$88,168
Median Household Income
$39,539
Median Earnings
$1,758
Median Rent
$501,800
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Arlington-Adams Animal Hospital — 6160 Arlington Ave C7, Riverside, CA 92504
Frequently Asked Questions
What type of property is this?
Medical Office Space - Freestanding building suited for medical or office use.
Where is this medical office space located?
The property is located at 5430 Arlington Ave Riverside, CA.
What is the asking price?
The asking price for this property is $899,000.
What are key features of this property?
This property features: Freestanding building suitable for medical or office use.; Flexible layout with private rooms, administrative space, and kitchenette.; Convenient on‑site parking and direct entry access.
