Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Jurupa Ave Riverside, CA 92504
    Back to Search
    Property profile & analytics

    Jurupa Ave, Riverside, CA 92504

    View on Map
    • Land
    • 2.04 lot acres
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Land

    Property Details for 0 Jurupa Ave

    Lot size
    2.04 lot acres
    Property type
    Land

    Description

    This exceptional 2.04-acre commercial land parcel in Riverside, CA, presents a compelling investment opportunity. Priced at $1,600,000 ($18/SF), this property boasts a prime location on Jurupa Avenue, benefiting from high daily traffic exceeding 18,300 cars, situated at the entrance to Manheim Auto Auction Riverside. Less than a mile from Van Buren Boulevard (55,800+ CPD), it offers unparalleled access to major freeways (CA-60, CA-91, and I-15) within a 15-minute drive, ensuring excellent connectivity throughout Southern California. The property's BMP Industrial zoning permits a variety of retail uses, perfectly complementing the area's existing businesses and substantial employee population (over 130,000 within a three-mile radius). This thriving Inland Empire East submarket currently lacks sufficient fast-casual dining and retail options, creating a significant demand for quick-service restaurants, coffee shops, and other retail establishments. The site's proximity to major national tenants like Amazon, Manheim Auto Auctions, and Prudential Overall Supply further enhances its appeal and potential for strong returns. APN: 189-072-003

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.443
    Latitude
    33.9606

    Comparable in this City

    • Value Estimation by Request
      4,800 SF

      6782 Columbus Ave

      Land
      6782 Columbus Ave, Riverside, CA 92504
      View Details
    • Value Estimation by Request
      0.45 Acres

      5695 Arlington Ave

      Land
      5695 Arlington Ave, Riverside, CA 92504
      View Details
    • Value Estimation by Request
      1.06 Acres

      6782 Columbus Ave

      Land
      6782 Columbus Ave, Riverside, CA 92504
      View Details
    • Value Estimation by Request
      38.00 Acres

      Van Buren Blvd

      Land
      0 Van Buren Blvd, Riverside, CA 92504
      View Details
    • Value Estimation by Request

      14 Esperanza St

      Land
      14 Esperanza St, Riverside, CA 92504
      View Details
    • Value Estimation by Request
      6.25 Acres

      5146 Arlington Ave

      COMMERCIAL (GENERAL)
      5146 Arlington Ave, Riverside, CA 92504-2603
      View Details

    Similar Nearby for Sale

    • $419,000
      653,400.00 Acres

      Riverside Land with Prime Views

      15 acres of land with prime views in Riverside.
      Constable Rd, Riverside, CA 92504
      View Details
    • Contact for pricing

      Land for Sale Riverside

      Land available in Riverside, California.
      50 Essex St, Riverside, CA 92504
      View Details
    • $799,900

      Riverside Land for Sale

      Land available in Riverside, California.
      16460 Landon Ct, Riverside, CA 92504
      View Details
    • $599,999
      100,624.00 Acres

      Riverside Land in Luxury Ranch

      2.5-acre equestrian-zoned land near Lake Matthews with available utilities.
      Halter Ln, Riverside, CA 92504
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Drive-Thru Restaurant on Arlington Avenue

      Drive-thru restaurant opportunity near student population.
      5573 Arlington Ave, Riverside, CA 92504
      View Details
    • Contact for pricing

      Riverside Drive-Thru Opportunity

      3,200 SF drive-thru opportunity in Woodcrest trade area.
      16810 Van Buren Blvd, Riverside, CA 92504
      View Details
    • Contact for pricing

      Executive Suites for Sublease

      Executive suites available for sublease at 2900 Adams St.
      2900 Adams St, Riverside, CA 92504
      View Details
    • Contact for pricing

      Riverside Warehouse and Office Spaces

      Flexible warehouse and office spaces with comprehensive amenities available for rent.
      5950 Wilderness Ave, Riverside, CA 92504
      View Details
    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.
    Jurupa Ave
    Riverside, CA 92504
    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
    Jurupa Ave, Riverside, CA, 92504
    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!