Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    Property profile & analytics

    10540 Magnolia Ave Riverside, CA 92505-1897

    • Sports & entertainment properties
    • 8.35 lot acres
    OFF-MARKET
    Value Estimations
    $500,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-2507450
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Jr Reign Youth Hockey / Hockey Club
    • Riverside Police Department / Police Department
    • LA Kings Icetown / Ice Skating Rink
    • SnapHook Hockey and Figure / Sporting Goods Store
    • Corona Norco Stingrays / Hockey Rink

    Property Details for 10540 Magnolia Ave

    Lot size
    8.35 lot acres
    Property type
    Sports & entertainment properties
    APN
    009-617-298
    APU
    9617298

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

      Method
      Estimation
      ML approach
      $500,000

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.465
    Latitude
    33.9081
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $35,077
    $799,640
    $2,089,052
    $2,888,692
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $1,140,000
      12,544 SF

      3500 Polk St

      RECREATIONAL, ENTERTAINMENT • 12,544 SF
      3500 Polk St, Riverside, CA 92505-1824
      View Details
    • Value Estimation
      $475,000
      12,000 SF

      10303 Arlington Ave

      RECREATIONAL, ENTERTAINMENT • 12,000 SF
      10303 Arlington Ave, Riverside, CA 92505-1101
      View Details
    • Value Estimation
      $315,000
      1.94 Acres

      10765 Magnolia Ave

      CASINO • 1.94 Acres
      10765 Magnolia Ave, Riverside, CA 92505-3057
      View Details
    • Value Estimation
      $550,000
      66.04 Acres

      Riverside, CA 92505

      GOLF COURSE • 66.04 Acres
      Riverside, CA 92505
      View Details
    • Value Estimation
      $295,000
      8.40 Acres

      3816 La Sierra Ave

      GYM, HEALTH SPA • 8.40 Acres
      3816 La Sierra Ave, Riverside, CA 92505-3528
      View Details
    • Value Estimation
      $825,000
      1.66 Acres

      4920 La Sierra Ave

      RETAIL STORES (PERSONAL SERVICES) • 1.66 Acres
      4920 La Sierra Ave, Riverside, CA 92505-2612
      View Details

    Similar Nearby for Sale

    • $8,628,000
      9,600 SF

      Riverside QSR Center: Prime Location

      Multi-tenant QSR, high occupancy, strong NOI.
      10920 Magnolia Ave, Riverside, CA 92505
      View Details
    • $45,000
      8,250.00 Acres

      Riverside Land Development Opportunity

      Undeveloped land parcel in Riverside, California, for residential development.
      271181015 Dr, Riverside, CA 92505
      View Details
    • $1,468,460
      4 SF

      Industrial Property in Business Park

      Industrial property suitable for corporate offices with warehouse and parking.
      4130 Flat Rock Dr, Riverside, CA 92505
      View Details
    • $179,000

      Commercial Land at 5 Points

      Improved commercial land in La Sierra's 5 Points neighborhood.
      Bushnell Ave, Riverside, CA 92505
      View Details
    • $6,000,000

      Large Flat Lot Opportunity

      Massive flat lot suitable for development or investment.
      10702 Cypress Ave, Riverside, CA 92505
      View Details
    • $125,000

      Riverside Specialty Property For Sale

      Specialty property available in Riverside, California.
      4000 Pierce 295, Riverside, CA 92505
      View Details

    Similar Nearby for Lease

    • $1.80 SF/Yr
      3,895 SF

      Cold Storage Facility For Rent

      Cold storage, loading, and office space available for lease.
      11042 Hole Ave, Riverside, CA 92505
      View Details
    • $10,852 /Mo

      Retail Development with High Visibility

      Retail spaces available in high-traffic Riverside location.
      10459 Arlington Ave, Riverside, CA 92505
      View Details
    • Contact for pricing
      40,361 SF

      Riverside Office Building For Rent

      40,361 sqft office building in Riverside, CA.
      11801 Pierce St | Riverside, Riverside, CA 92505
      View Details
    • $1.85 SF/Yr
      7,693 SF

      Freestanding Office/Retail Building For Rent

      Two-story office/retail building with commercial kitchen and freeway access.
      3630 Park Sierra Dr, Riverside, CA 92505
      View Details
    • $975 /Mo

      Premium Executive Office Space Available

      Fully equipped executive office in prime location for lease.
      4199 Flat Rock Dr, Riverside, CA 92505
      View Details
    • $2 SF/Yr
      40,892 SF

      Riverside Office Space Available

      Office space for rent in Riverside, California.
      11870 Pierce St | Riverside, Riverside, CA 92505
      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.
    10540 Magnolia Ave
    Riverside, CA 92505-1897
    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.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.