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    Property profile & analytics

    2246 Iowa Ave Riverside, CA 92507-2424

    • Turn key restaurants
    • 1.18 lot acres
    OFF-MARKET
    Value Estimation
    Location Intelligence
    Property ID
    US09-5633645
    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

    • McDonald's / Breakfast Restaurant / Coffee Shop

    Property Details for 2246 Iowa Ave

    Lot size
    1.18 lot acres
    Zone code
    BMP
    Property type
    Turn key restaurants
    APN
    249-140-045
    APU
    249140045

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.339
    Latitude
    33.9906
    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
    $40,641
    $1,763,634
    $1,904,188
    $3,667,822
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      1788 University Ave Ste, Unit 102

      RESTAURANT
      1788 University Ave Ste, Riverside, CA 92507-5366
      View Details
    • Value Estimation by Request

      1756 University Ave, Unit 100

      RESTAURANT
      1756 University Ave, Riverside, CA 92507-5342
      View Details
    • Value Estimation by Request

      3375 Iowa Ave Ste K

      RESTAURANT
      3375 Iowa Ave Ste K, Riverside, CA 92507-3691
      View Details
    • Value Estimation by Request
      3,990 SF

      1616 University Ave

      RESTAURANT • 3,990 SF
      1616 University Ave, Riverside, CA 92507-4449
      View Details
    • Value Estimation
      $665,000
      3,900 SF

      1320 University Ave

      RESTAURANT • 3,900 SF
      1320 University Ave, Riverside, CA 92507-4445
      View Details
    • Value Estimation
      $1,950,000
      3,614 SF

      3203 Msn Inn Ave

      RESTAURANT • 3,614 SF
      3203 Msn Inn Ave, Riverside, CA 92507-4073
      View Details

    Similar Nearby for Sale

    • $1,635,000

      Corner Lot Commercial Investment Opportunity

      Commercial property with restaurant and laundromat near UC Riverside.
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      Freestanding Retail Strip Center

      Freestanding retail strip center in Riverside, fully leased.
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      Riverside County Dispensary - $2.5M

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      Retail property with long-term tenants in a busy shopping center.
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      Commercial Property with Parking Lot

      Commercial property with barber shop, garage, and parking lot.
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      16,695 SF

      University Avenue Retail Opportunity

      High-visibility retail space near UC Riverside with strong traffic.
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    Similar Nearby for Lease

    • Contact for pricing
      24,982 SF

      Riverside Retail Opportunity For Lease

      Prime retail location ideal for restaurant or brewery.
      1575 University Ave, Riverside, CA 92507
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    • $18 SF/Yr
      35,660 SF

      University Heights Retail Center

      Riverside, CA: Prime Retail Space Available
      3355-3375 Iowa Ave, Riverside, CA 92507
      View Details
    • Contact for pricing
      182,256 SF

      Riverside Retail Center Investment Opportunity

      Prime Riverside shopping center with 9 spaces available.
      1201 University Dr, Riverside, CA 92507
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    • $2 SF/Yr
      1,193 SF

      Retail Space For Lease

      Retail space available for lease, 1193 square feet.
      1242 University Ave, Riverside, CA 92507
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    • Contact for pricing
      183,470 SF

      Canyon Springs Marketplace Retail Space

      Prime Riverside County Retail Center; 35,000 SF Available
      2620-2698 Canyon Springs Pkwy, Riverside, CA 92507
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    • Contact for pricing
      5,700 SF

      Riverside Office/Retail Space Available

      1,600 SF office/retail space with street frontage.
      1485 University Ave, Riverside, CA 92507
      View Details

    Property Visit Statistics

    • Visits by month
      58.2k
    • Visitors by month
      38.5k
    • Avg Time on site
      13 min
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    2246 Iowa Ave
    Riverside, CA 92507-2424
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    Realmo Value Estimation

    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.

    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.

    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
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