Realmo Analytics
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Property summary
This exceptional Riverside, CA investment opportunity presents a 111,382 square foot, multi-tenant office and retail complex situated on a 5.06-acre lot. The property, comprised of four buildings, boasts 96% occupancy and features 439 parking spaces. Built in 1968 and extensively renovated in 2018, it enjoys a highly desirable location in the Magnolia Center neighborhood, less than four miles from Riverside Municipal Airport and three miles from the revitalized downtown area. The property… benefits from its proximity to major freeways (91, I-215, SR-60, SR91), providing excellent access to Orange and Los Angeles Counties. Its location near the University of California, Riverside (UCR), a major research university, further enhances its appeal. With existing leases expiring within the next 12-18 months, this presents a unique owner-user opportunity to occupy approximately half the space while maintaining a substantial income stream. The low site coverage ratio also allows for significant redevelopment potential. The asking price is $23,000,000. This asset offers a compelling blend of immediate income and long-term growth potential within a strong, established market. The property's address is 3590, 3600, 3610, and 3630 Central Ave, Riverside, CA 92506.
Ownership intelligence
Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.
Owner contacts
Skip-traced phones and e-mails of the owner. Included with a plan.
Debts
Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.
Property tax · 2024
Value estimate
· Oct 2026Realmo valuation models over county records.
Recently sold
Cap rate analysis
Price anchors at 6 / 6.5 / 7% — in the full report.
Zoning insight
Location intelligence
Demand index: how under-served this business type is around this point — modeled from the LocInt grid (area demand vs. what already operates, adjusted by real visit traffic). Higher means stronger unmet demand.
Location
Every figure names its source: public record, benchmark, or modeled. Coverage varies by property — thin data is stated as missing, never invented.
Comparables
6 recorded sales · 18 properties nearbyComparable nearby
Similar in This City for Sale
Similar in This City for Lease
Instant AI valuation built from comps, income signals, and proprietary benchmarks.A defensible range, not a single guess.
from $199/month
- GBA
- 18,496 SF
- Lot area
- 1 ac
- Year built
- 1977
- Stories
- 2
- APN
- 225-242-046
- Zoning
- C2
- Assessed value · 2024
- $1,678,603
- Annual tax · 2024
- $18,835
- Estimated market rent / SF
- Potential gross income
- Vacancy allowance
- Effective gross income
- Benchmark operating expenses
- Stabilized NOI
- Property tax · 2024
- $18,835
- Selected cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $199/month
Derived from the Riverside market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Registration is required before the official district profile is shown.
Unlock the evidence behind ownership: portfolio, transactions, debt and any signals we can model, to help you decide who to contact next.
Registration is required before any owner information is shown.
Phones and e-mails of the people behind this property's owner, traced from licensed contact data.
Owner phones and e-mails come with a plan - traced from licensed contact data, with verification and Do-Not-Call flags on every number.
The mortgage data comes with a plan: recorded loans of the owner - lender, amount, rate and the estimated maturity - as part of the Ownership Intelligence workspace.
Registration is required before any owner information is shown.
- 10 Targeted Leads
- 1 Full Property Report
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
-
Zoning Insight— not in this plan -
Location Analytics— not in this plan
- 300 Targeted Leads a month
- 30 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
-
Location Analytics— not in this plan
- 1,500 Targeted Leads a month
- 150 Full Property Reports
- Lead Lists by Intent
- Signals & Scores
- Building Details
- Value Estimation
- Cap Rate Evaluation
- Liens & Mortgages
- Ownership & Contacts
- Local Market trends
- Zoning Insight
- Location Analytics
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