Conventional Restaurant with Central
For Sale
$838,500
6461 Brockton, Riverside, CA 92506
The property features central air conditioning and wrought-iron exterior elements.
Property Size1,500 SF
Days on Market24
Property Features for 6461 Brockton
General Information
Standard status
Active
Size
1,500 SF
Total Parking Spaces
11
Net Operating Income
$52,516
Taxes and HOA fees
Annual Taxes
$8,340
Amenities
Central Air
Central
Wrought Iron
Building Details
Building Size
1,500 SF
Year Built
1926
Buildings
1
Stories
1
Listing Agency:
Coast Realty Solutions, Inc
Listed By:
Sean Ryan · License #01415690
(714) 306-8151
Source:
Evrealestate
Added: Aug 11
Changed: Sep 2
Last Checked: Sep 2 at 4:07PM
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 Coast Realty Solutions, Inc
Investment Insights
Based on property information with market context.
Built in 1926, this conventional restaurant property includes central air conditioning and a wrought-iron exterior feature. The asset is located at 6461 Brockton in Riverside, California, within Riverside County.
Access is described from Central Avenue west of the 91 Freeway, continuing past Magnolia to Brockton, with the property positioned just after Sunnyside Drive. The restaurant classification provides a clear basis for evaluating the existing commercial use.
Access is described from Central Avenue west of the 91 Freeway, continuing past Magnolia to Brockton, with the property positioned just after Sunnyside Drive. The restaurant classification provides a clear basis for evaluating the existing commercial use.
Key Highlights
- Conventional restaurant property
- Built in 1926
- Central air conditioning
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
$24,496
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
2.92%
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%
$489,920
$489.9K
Cap Rate 7%
$349,943
$349.9K
Cap Rate 9%
$272,178
$272.2K
Market Conditions
NOI Build-Up for 1,500 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
$34.2K $22.80/SF
− Vacancy
−$1.5K −$1.03/SF
EGI
$32.7K $21.77/SF
− OpEx
−$8.2K −$5.44/SF
NOI
$24.5K $16.33/SF
Area
ZIP 92506
Vacancy
4.50%
Lease Rate
$22.80 /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%
$489,920
Cap Rate 7%
$349,943
Cap Rate 9%
$272,178
Alternative Uses
Best Use
Specialty Retail
$349.9K
$306.2K – $408.3K
NOI $24,496 @ 7.0% cap · market cap 2.92%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$514.6K
$450.3K – $600.4K
NOI $36,023 @ 7.0% cap · market cap 4.30%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
2,813
Businesses Nearby
686k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 41%
Shops & Services 22%
Groceries 17%
Apparel 9%
Trader Joe's
Groceries
66,234 visits/mo
0.5 miles
Regal Cinemas Riverside Plaza 16
Leisure
42,519 visits/mo
0.4 miles
Ralphs
Groceries
39,718 visits/mo
0.4 miles
Burlington
Apparel
31,702 visits/mo
0.3 miles
Chick-fil-A
Dining
28,686 visits/mo
0.3 miles
Demographics for 92506, CA
45,185
Population
15,407
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
2,789
Density / Sq Mi
$120,877
Median Household Income
$51,224
Median Earnings
$1,814
Median Rent
$634,900
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Conventional restaurant - The property features central air conditioning and wrought-iron exterior elements.
Where is this conventional restaurant located?
The property is located at 6461 Brockton Riverside, CA.
What is the asking price?
The asking price for this property is $838,500.
What are key features of this property?
This property features: Conventional restaurant property; Built in 1926; Central air conditioning
