Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Norco Land Parcel For Sale Title is generated by Realmo AI

    0 Arlington Avenue, Norco, CA 92860

    View on Map
    Claim this Listing
    For Sale
    $6,675,500

    Land/Lot - Norco, CA

    Lot size:
    1,967,605.00 Acres
    Added:
    Aug 11, 2024
    Days on Market:
    659
    Last Refresh:
    May 31 at 8:06 am

    Property Features for 0 Arlington Avenue

    General Information

    Property type
    Land
    Property subtype
    Other
    Zoning
    A-1-5
    Exterior features
    Community Features Included: Horse Trails, Rural, Biking
    Standard status
    Active
    APN
    153240028
    Lot size
    1,967,605.00 Acres

    Building Details

    Architectural style
    Other

    We can help!

    Listing Contact
    Jessica Davidson

    Listing agent Jessica Davidson License #01982721

    Listing office SimpliHOM 39381 Los Alamos Road, Murrieta, CA

    Listing date Aug 11, 2024

    MLS# SW24165534 Listing URL

    Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Large 45.17 acre parcel.
    • Zoned Agriculture within the City of Riverside.
    • Proximity to Santa Ana River Regional Park.
    • Approximately 3 miles to I‑15.
    • Community features include biking and horse trails.
    • Approximately 5 miles west of the Riverside airport.

    Overview

    Located on the northwest corner of Arlington Drive and Hidden Valley Nature Center Road, this 45.17-acre parcel is situated south of the Santa Ana River Regional Park, approximately 5 miles west of the Riverside Airport, and about 3 miles from I-15. The parcel along Arlington is within the City of Riverside and is zoned Agriculture.
    Property Profile Location Intelligence

    Current Use by Public Records

    Agricultural land / Farmland

    Map

    City
    Norco
    County
    Riverside
    State
    California
    Longitude
    -117.506684
    Latitude
    33.958943

    Nearby Similar for Sale

    • $799,000
      2,235 SF

      Norco Quadruplex Investment Opportunity

      Four-unit property with commercial zoning and redevelopment potential.
      1652 4th, Norco, CA 92860
      View Details
    • $3,250,000

      Norco Land with Commercial Zoning

      8.87 acres in Norco, CA with commercial zoning.
      3480 Hamner Ave, Norco, CA 92860
      View Details
    • $3,699,000

      Norco Land Investment Opportunity

      2 acre commercial land parcel in Norco, California.
      1775 Acre Street, Norco, CA 92860
      View Details
    • $397,500

      Norco Land Parcel For Sale

      0.51-acre land parcel in Norco, ready for custom development.
      0 DAUGHERTY Road, Norco, CA 92860
      View Details
    • $799,000

      Norco Multifamily Investment Opportunity

      Well-maintained four-unit property with commercial zoning and redevelopment potential.
      1652 4th, Norco, CA 92860
      View Details
    • $1,250,000

      Prime Commercial Lot in Norco

      Highly visible corner lot in Old Town Norco.
      0 6th & Valleyview, Norco, CA 92860
      View Details
    • $475,000

      Land/Lot - Norco, CA

      0 Center Ave, Norco, CA 92860
      View Details
    • $700,000

      Commercial Lot on Busy Street

      Commercial lot with utilities in high-traffic Norco location.
      2655 Hamner Avenue, Norco, CA 92860
      View Details
    • $2,350,000
      8,011 SF

      Norco Freestanding Building For Sale

      Freestanding building with office, yard, and expandable power.
      694 Parkridge Ave, Norco, CA
      View Details
    • $1,350,000

      Norco Land: Build Your Dream

      2.1-acre lot in Norco, perfect for a custom home.
      0 1st St, Norco, CA 92860
      View Details
    • $3,250,000

      Norco Commercial Land For Sale

      8.87 acres of commercial land in Norco, California.
      3480 Hamner Ave, Norco, CA 92860
      View Details
    • $2,930,281
      94,568 SF

      Norco Land For Sale

      Land with freeway frontage and access to major freeways.
      2185 Hamner Ave, Norco, CA
      View Details

    FAQs

    What type of property is this?
    Agricultural land / Farmland - 45.17 acre parcel near Santa Ana River Regional Park.
    Where is this agricultural land / farmland located?
    The property is located at 0 Arlington Avenue Norco, CA.
    What is the asking price?
    The asking price for this property is $6,675,500.
    What are key features of this property?
    This property features: Large 45.17 acre parcel.; Zoned Agriculture within the City of Riverside.; Proximity to Santa Ana River Regional Park.
    (951) 445-4200
    We can help!
    Listing Contact
    Jessica Davidson
    Real Estate License ID: 01982721
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    0 Arlington Avenue, Norco, CA 92860
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!