Add Listing
    Property Lookup
    • For Sale
    • For Lease
    • Sold
    • Property Lookup
    • Brokers
    4022 Madison St Riverside, CA 92504

    Property Lookup

    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    4022 Madison St Riverside, CA 92504

    View on Map
    • Neighborhood centers
    • 98,701 SF
    Off-Market
    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Arlington Square Shopping Center / Shopping Center & Mall
    • Big Lots / Furniture & Home Goods / Home Decor Store
    • Design Divas Couture Co. / Clothing & Fashion Store

    Property Details for 4022 Madison St

    Property size
    98,701 SF
    Property type
    Neighborhood centers
    Property subtype
    Community centers

    Description

    Arlington Square, located at 4022 Madison St in Riverside, CA 92504, presents a significant retail opportunity. This neighborhood center boasts a total of 98,701 square feet of leasable space, currently entirely vacant, offering a unique chance for a single tenant or multiple tenants to establish a strong presence. The property is ideally suited for a variety of retail uses, given its size and location. Individual spaces range from 2,800 square feet to 19,200 square feet, providing flexibility for businesses of varying scales. The property's address is easily accessible, offering high visibility and convenient access for customers. With its substantial square footage and prime Riverside location, Arlington Square is poised for immediate occupancy and presents a compelling investment opportunity for businesses seeking to establish or expand their operations in a thriving market. The property is classified as a neighborhood center, suggesting a strong potential for attracting local clientele. The entire 98,701 square feet is available for lease, allowing for significant customization and development to suit the needs of the tenant(s). This presents a rare opportunity to secure a substantial retail space in a desirable Riverside location.

    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
    -117.414
    Latitude
    33.9452

    Comparable in this City

    • Value Estimation
      $595,000
      7.23 Acres

      3522 Adams St

      MINI-MALL • 7.23 Acres
      3522 Adams St, Riverside, CA 92504-3356
      View Details
    • Value Estimation by Request
      1.54 Acres

      3570 Adams St

      MINI-MALL • 1.54 Acres
      3570 Adams St, Riverside, CA 92504-3356
      View Details
    • Value Estimation by Request
      2.74 Acres

      3570 Adams St

      MINI-MALL • 2.74 Acres
      3570 Adams St, Riverside, CA 92504-3356
      View Details
    • Value Estimation
      $1,485,000
      5,498 SF

      6160 Arlington Ave

      SHOPPING CENTER, STRIP CENTER • 5,498 SF
      6160 Arlington Ave, Riverside, CA 92504-1944
      View Details
    • Value Estimation
      $570,000
      5.55 Acres

      4000 Madison St

      SHOPPING CENTER, STRIP CENTER • 5.55 Acres
      4000 Madison St, Riverside, CA 92504
      View Details
    • Value Estimation
      $25,935,000
      5.00 Acres

      5188 Arlington Ave

      SHOPPING CENTER, STRIP CENTER • 5.00 Acres
      5188 Arlington Ave, Riverside, CA 92504-2603
      View Details

    Similar Nearby for Sale

    • Contact for pricing
      38,200 SF

      Redevelopment Opportunity on Arlington Avenue

      Commercial land available for redevelopment in Riverside, California.
      5265-5295 Arlington Ave, Riverside, CA 92504
      View Details
    • $2,700,000

      Retail Strip Center For Sale

      Retail strip center available for sale.
      5300 Arlington Ave, Riverside, CA 92504
      View Details
    • $399,999

      Riverside Grocery Store Business Opportunity

      Established neighborhood grocery store in a busy Riverside retail center.
      5125 Jurupa Ave, Riverside, CA 92504
      View Details
    • Contact for pricing
      3,090 SF

      Former Bank Building For Sale

      Former bank building suitable for office, retail, or restaurant uses.
      16920 Van Buren Blvd, Riverside, CA 92504
      View Details
    • $2,970,000
      1,655,280.00 Acres

      38 Acres Land in Riverside

      38 acres approved for 38 single-family residences in Riverside.
      Van Buren Blvd, Riverside, CA 92504
      View Details

    Similar Nearby for Lease

    • $2 SF/Yr

      Retail Property Near 91 Freeway

      Retail property with immediate access to the 91 Freeway.
      3511 Madison St, 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

      Retail Space For Lease

      Retail space available for lease.
      4022 Madison St, Riverside, CA 92504
      View Details
    • Contact for pricing

      Former Bank Building For Lease

      Former bank building with drive-thru, suitable for various commercial uses.
      16920 Van Buren Blvd, Riverside, CA 92504
      View Details
    • $6,720 /Mo
      5,600 SF

      Riverside Contractor Storage Yard

      Spacious, secure yard with office and storage for contractors.
      5925 Payton Ave, Riverside, CA 92504
      View Details
    • $16 SF/Yr
      205,633 SF

      Adams Business Park: Riverside, CA

      Prime Riverside Office & Warehouse Space
      2900 Adams St, 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.
    4022 Madison St
    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

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