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Property profile & analytics
OFF-MARKET
Churches & religious facilities

3891 Ridge Rd Riverside, CA 92501

14,000 SF 1.39 ac lot
Property ID
US09-2631698
Property summary
AI-generated overview

This exceptional 14,000-square-foot religious facility is situated on a 1.39-acre lot in central Riverside, California, offering a prime location adjacent to Fairmount Park. The property boasts a spacious sanctuary with seating for approximately 225, along with a well-equipped kitchen, fellowship hall, numerous classrooms, and ample office space. The property includes 70 parking spaces, ensuring convenient access for congregants and visitors. Zoned R-1-7000, the property presents potential for increased density with city approval. Its convenient location provides easy access to major freeways, including I-215, Highway 60, and Highway 91, as well as a nearby Riverside Transit bus stop. The Assessor's Parcel Number (APN) is 209-163-002. California legislation allows for potential affordable housing use by right, presenting a significant opportunity for adaptive reuse. The current owner may be willing to provide a reasonable timeframe for project approvals. This property represents a unique investment opportunity in a thriving Riverside community. Asking price is $2,490,000.

Property profile
Verified
Property type Churches & religious facilities
Total area 14,000 SF
Lot 1.39 ac (60,548 SF)
APN 209-163-002
UPID US09-2631698
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • BellaJohn Theatricals Theater & Performing Art Venue
  • Riverside Center for Spiritual Living Church
  • Freedom Community Church Church
  • Highlight Productions Theater & Performing Art Venue
Value estimations
Realmo proprietary · 4 methods
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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