Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    3505 Van Buren Blvd Riverside, CA 92503

    • Retail properties
    • 10,550 SF
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • D&D Garage Doors / Building Supply / General Contractor
    • ampm / Grocery & Convenience Store
    • Van Buren ARCO AMPM / Gas Station
    • Top level Cooling & Heating / HVAC Service / General Contractor
    • ARCO / Gas Station

    Property Details for 3505 Van Buren Blvd

    Year built
    2021
    Property size
    10,550 SF
    Property type
    Retail properties

    Description

    Magnolia Crossings, located at 3505 Van Buren Boulevard in Riverside, CA 92503, presents a prime retail opportunity within the Inland Empire submarket. This exceptional property boasts a total of 10,550 square feet spread across two single-story buildings, constructed in 2021. The property is conveniently situated near the 91 Freeway and Van Buren Boulevard, ensuring high visibility and accessibility for customers. Currently, there is 5,050 square feet of vacant retail space available, divisible into units ranging from a minimum of 1,250 square feet to a maximum contiguous space of 2,500 square feet. This makes it ideal for a variety of retail uses, including quick-service restaurants (QSR). The property's location in Riverside County, with its APN 233-062-040, offers a strong foundation for business growth within a thriving market. The flexible space allows for customization to suit individual tenant needs, making it an attractive option for businesses seeking a well-located and modern retail space in the Inland Empire. This is a multi-tenant property offering a chance to establish a presence in a high-traffic area with excellent freeway access. The available space provides a unique opportunity for businesses to capitalize on the strong demographics and convenient location of this retail center.

    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
    -117.442
    Latitude
    33.916

    Comparable in this City

    • Value Estimation by Request

      1253 Galleria At Tyler

      DEPARTMENT STORE
      1253 Galleria At Tyler, Riverside, CA 92503-4139
      View Details
    • Value Estimation
      $19,075,000
      84,117 SF

      3775 Tyler St

      DEPARTMENT STORE • 84,117 SF
      3775 Tyler St, Riverside, CA 92503-3470
      View Details
    • Value Estimation by Request
      6,000 SF

      6390 Van Buren Blvd

      Lifestyle centers • 6,000 SF
      6390 Van Buren Blvd, Riverside, CA 92503
      View Details
    • Value Estimation
      $610,000
      11.80 Acres

      5200 Van Buren Blvd

      DEPARTMENT STORE • 11.80 Acres
      5200 Van Buren Blvd, Riverside, CA 92503-2544
      View Details
    • Value Estimation
      $17,925,000
      157,350 SF

      3700 Tyler St

      DEPARTMENT STORE • 157,350 SF
      3700 Tyler St, Riverside, CA 92503-4177
      View Details
    • Value Estimation
      $685,000
      2,886 SF

      3485 Galleria At Tyler

      DEPARTMENT STORE • 2,886 SF
      3485 Galleria At Tyler, Riverside, CA 92503-4168
      View Details

    Similar Nearby for Sale

    • $220,000

      Turnkey Restaurant Opportunity in Riverside

      Fully equipped, profitable Mexican restaurant for sale in Riverside, CA.
      9670 Magnolia Ave, Riverside, CA 92503
      View Details
    • $1,200,000

      Retail Property on Van Buren

      Retail property with frontage on Van Buren Blvd near 91 FWY.
      3652 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $1,800,000
      59,242 SF

      Riverside Land For Sale

      Approximately 1.36 acres of land available in Riverside, California.
      5375 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $625,000
      435,600.00 Acres

      Riverside Agricultural Land Opportunity

      10-acre agricultural parcel in prime Riverside County location.
      Vista Del Lago Dr, Riverside, CA 92503
      View Details
    • $649,900

      Duplex with Solar Panels

      Duplex featuring solar panels, garages, and fenced yards.
      4005 Mckenzie St, Riverside, CA 92503
      View Details
    • $499,000

      Riverside Land Near Freeways

      Spacious lot near freeways, shopping, and schools in Riverside.
      5995 Tyler St, Riverside, CA 92503
      View Details

    Similar Nearby for Lease

    • $57 SF/Yr
      8,634 SF

      Riverside Retail Spaces - Magnolia Ave

      Brand new retail spaces, high traffic area.
      9471 Magnolia Ave, Riverside, CA 92503
      View Details
    • Contact for pricing

      Riverside Retail Space For Lease

      18,400 SF sub-anchor box available in high-traffic Riverside location.
      6008-6390 Van Buren Blvd, Riverside, CA 92503
      View Details
    • Contact for pricing

      Retail Building Available For Lease

      Divisible freestanding retail building available for lease in Riverside, CA.
      Riverside, CA 92503
      View Details
    • Contact for pricing
      1,250 SF

      Riverside Auto Care Center Space

      Multi-tenant building with office, storage, and shop space.
      3265 Van Buren Blvd, Riverside, CA 92503
      View Details
    • Contact for pricing
      129,666 SF

      Arlington Plaza: Riverside Retail

      Prime Riverside retail space, multiple units available.
      6008-6390 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $1.50 SF/Yr
      6,441 SF

      Riverside Retail/Office Space Available

      Retail or office space available for lease in Riverside.
      3812 Pierce St, Riverside, CA 92503
      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.
    3505 Van Buren Blvd
    Riverside, CA 92503
    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

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!