Property profile

3505 Merrill Ave Riverside, CA 92506

OFF-MARKET
Turn key restaurants
Property ID
US09-3128318
5,479 SF 0.48 ac lot Built 1966
Trust Owned 6-yr Hold Absentee Owner Free & Clear
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Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1966
Construction TILT-UP CONCRETE
Total area 5,479 SF
Lot 0.48 ac (20,908 SF)
Zoning code D
APN 225-140-008
UPID US09-3128318

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
  • Grocery & Convenience Store Food Market
  • Restaurant

Location

3505 Merrill Ave Riverside, CA 92506-2537
Riverside metro Census 31100 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$315k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$460k

Owner & transaction history

since 2020
5 recorded transactions
2020
Price N/A
2005
Price N/A
2005
Price N/A
2004
Price N/A
2001
Price N/A

Zoning & alternative use

D · Riverside, CA

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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