Mixed-Use Property with Attached Living
New
For Sale
$650,000
5510 Msn, Riverside, CA 92509
Commercial space is paired with a two-bedroom residential area and convenient access to the 60 Freeway.
Property Size1,575 SF
Lot Size0.09 Acres
Price / SF$412.70
Days on Market3
Property Features for 5510 Msn
General Information
Standard status
Active
Size
1,575 SF
Lot size
0.09 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Mixed-Use Components
retail, residential
Additional Details
Property Use
Office/Retail
Building Details
Building Size
1,575 SF
Buildings
1
Listing Agency:
Best 4 U Realty
Listed By:
Ramon Mejia Llamas · License #01889359
(714) 600-5114
Source:
Elliman
Added: Nov 4
Last Checked: Nov 4 at 2:44PM
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 Best 4 U Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use property in Riverside combines an estimated 1,575-square-foot office/retail building with an attached residential area comprising two bedrooms, a living room, a kitchen, and one bathroom. The reported building area may include the residential portion. The site measures approximately 3,920 square feet.
The property fronts the Mission Boulevard commercial corridor, with surrounding businesses and residential neighborhoods. Access to the 60 Freeway is nearby. Zoning, permitted uses, building permits, and residential occupancy authorization are subject to verification and applicable approvals.
The property fronts the Mission Boulevard commercial corridor, with surrounding businesses and residential neighborhoods. Access to the 60 Freeway is nearby. Zoning, permitted uses, building permits, and residential occupancy authorization are subject to verification and applicable approvals.
Key Highlights
- Approximately 3,920‑square‑foot lot
- Estimated 1,575‑square‑foot office/retail building; residential area may be included in reported building area
- Attached living area with 2 bedrooms, a living room, kitchen, and 1 bathroom
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,576
Cap Rate
3.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,520
$451.5K
Cap Rate 7%
$322,514
$322.5K
Cap Rate 9%
$250,844
$250.8K
Market Conditions
NOI Build-Up for 1,575 SF
Gross rent
$34.0K $21.60/SF
− Vacancy
−$1.8K −$1.12/SF
EGI
$32.3K $20.48/SF
− OpEx
−$9.7K −$6.14/SF
NOI
$22.6K $14.33/SF
Area
Riverside, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$451,520
Cap Rate 7%
$322,514
Cap Rate 9%
$250,844
Alternative Uses
Best Use
Retail
$322.5K
$282.2K – $376.3K
NOI $22,576 @ 7.0% cap · market cap 3.47%
Second Best
Mixed Use
$320.6K
$280.6K – $374.1K
NOI $22,444 @ 7.0% cap · market cap 3.45%
Theoretical Best
Office A
$540.3K
$472.8K – $630.4K
NOI $37,824 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
526
Businesses Nearby
78k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 53%
Groceries 40%
Dining 7%
Electronics 1%
Stater Bros. Markets
Groceries
31,293 visits/mo
0.2 miles
ARCO
Shops & Services
14,880 visits/mo
0.1 miles
Circle K
Shops & Services
11,443 visits/mo
0.5 miles
AutoZone
Shops & Services
7,606 visits/mo
0.4 miles
Baker's Drive Thru
Dining
5,252 visits/mo
0.3 miles
Demographics for 92509, CA
78,166
Population
20,929
Households
3.7
Avg Household Size
34
Median Age
14%
College-Educated
72%
High-School Grad
30.7 sq mi
ZIP Area
2,546
Density / Sq Mi
$95,218
Median Household Income
$40,015
Median Earnings
$1,698
Median Rent
$501,200
Median Home Value
Market
Average Price Trend$/SF for Mixed-use properties in Riverside County, CA
Properties on Market for Mixed-use properties in Riverside County
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial space is paired with a two-bedroom residential area and convenient access to the 60 Freeway.
Where is this mixed-use property located?
The property is located at 5510 Msn Riverside, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Approximately 3,920‑square‑foot lot; Estimated 1,575‑square‑foot office/retail building; residential area may be included in reported building area; Attached living area with 2 bedrooms, a living room, kitchen, and 1 bathroom
