Property profile

1303 University Ave Riverside, CA 92507

OFF-MARKET
Drive through restaurants
Property ID
US09-0625947
2,819 SF 0.89 ac lot Built 2019
Entity Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Drive through restaurants
Use group DRIVE-THRU RESTAURANT, FAST FOOD
Year built 2019
Construction WOOD
Total area 2,819 SF
Lot 0.89 ac (38,768 SF)
Zoning code CR
APN 250-190-040
UPID US09-0625947

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop

Location

1303 University Ave Riverside, CA 92507-4446
Riverside metro Census 42209 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$4.09M

Owner & transaction history

since 2020
Last sale
$4.3M
3 recorded transactions
2020
$209,091
2017
Price N/A
2015
Price N/A

Zoning & alternative use

CR · Riverside, CA
Zoning description

(CG) or Commercial Retail (CR) Zone and in combination with other overlay zones as appropriate. The Neighborhood Commercial Overlay Zone shall be applied pursuant to the procedures of Chapter 19.810 (Zoning Code Text/Map…

General category COMMERCIAL
Top alternative use upside
Commercial (general) $4.1M +207.2%

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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