Commercial Real Estate Market in Riverside, CA
Updated monthly: sale, lease, property records, location trend, and more… · Last update: October 31
382 active listings and 8,903 off-market properties in Riverside, CA. Commercial property asks $310/SF to buy and $21.90/SF/Yr to lease.
Market Trends
Riverside, CA spans 160.7 square miles in Riverside County, California. Figures below refresh monthly; last updated 31 October 2026.
Office
Across Riverside County, office space asks $328/SF to buy. Office vacancy in Riverside, CA runs 20.8% across the West region in 2025, up from 11% in 2019.
Retail
Across Riverside County, retail space asks $224/SF to buy. Retail vacancy in Riverside, CA runs 5.8% across the West region in 2025, down from 7% in 2020.
Industrial
Industrial vacancy in Riverside, CA runs 7.9% across the West region in 2025, up from 3.7% in 2019. Nearly 3.2x the 2022 low of 2.5%.
Multifamily
Across Riverside County, multifamily space asks $172/SF to buy. Multifamily vacancy in Riverside, CA runs 8.6% across the West region in 2025, up from 7% in 2022.
Zoning & Land Use
Land Use Mix share of zoned land by category
- Residential 70.8%
- Civic 11.3%
- Industrial 10.7%
- Commercial 6.1%
- Mixed use 0.7%
Largest Zones share of zoned land by district
Riverside, CA zones 45,387 acres across 51 districts. Commercial zoning covers 6.1% of zoned land, residential 70.8% and industrial 10.7%. The largest single district is Single Family Residential 7000 at 23.2%. For commercial buyers the practical constraint is that only 16.8% of land carries a commercial or industrial designation.
Established to provide areas for single family residences
Market overview
Demographics & Economy
Riverside, CA has 440,392 residents in 132,909 households. Density runs 2,740 people per square mile. Median household income here is $95,037 and median gross rent $1,843 a month.
Tools
Lease vs Buy Breakeven
At $21.90/SF/Yr lease vs $310/SF buy → buying wins if held > 3.1 years.
At a 7.1% gross asking yield the payback reads short relative to leasing. Assumes 30% down at 6.5% fixed, 2% a year in taxes and upkeep, 3% appreciation, 5% opportunity cost, 2% closing plus 5% selling costs, and a 3% annual rent escalator.
Nearby Markets
Commercial property in Riverside, CA asks $310/SF. The 2 bordering markets run from $229/SF in Colton to $324/SF in Fontana, and the city sits above their $276/SF median.
Frequently Asked Questions
What is the median price per square foot for commercial property in Riverside?
How much does it cost to lease commercial space in Riverside?
Is it cheaper to lease or buy commercial space in Riverside?
How does Riverside compare to nearby markets on price?
What zoning applies to commercial property in Riverside?
Where does Realmo's Riverside market data come from?
Methodology & data sources
- Asking prices and medians
- There are 148 active for-sale and 234 active for-lease listings in Riverside, CA. The medians are based on 39 of the for-sale and 13 of the for-lease listings, those that state a price or rent per square foot. These are ASKING figures from live listings, not closed-transaction prices, and a figure resting on fewer than 10 listings says so where it is quoted.
- Vacancy rates
- Published per-sector market series, taken at the metro level where one exists and otherwise at the Census-region level — a chart reading "in <region> region" is a regional number, not this city's.
- Zoning and land use
- The current municipal zoning release: 45,387 zoned acres across 51 districts. Shares are of zoned land, so parcels the release leaves unclassified are excluded from the mix.
- Refresh
- The monthly aggregates close at the end of the previous month, so 31 October 2026 — not today — is the honest last update.
- Known limitations
- office vacancy is reported at West region level, retail vacancy is reported at West region level and industrial vacancy is reported at West region level.
- Coverage
- Metrics below the 10-observation threshold fall back one geographic level. The geography used is named on each figure.
Compiled by the Realmo Data team · reviewed 31 October 2026 · How Realmo checks market page data · Report a data issue