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    Property profile & analytics

    4244 Riverwalk Pkwy Riverside, CA 92505-8509

    • Medical offices
    • 38,464 SF
    • 2.86 lot acres
    OFF-MARKET
    Value Estimation
    $12,055,000
    Last Sale
    Jun 24, 2024
    $11,750,000
    Location Intelligence
    Property ID
    US09-3062213
    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

    • Loma Linda University Health / Ophthalmology Clinic
    • Reproductive Fertility Center / Fertility Clinic / Endocrinologist
    • Riverside Family Physicians / Medical Clinic
    • Loma Linda University Eye Institute at Riverwalk / Ophthalmology Clinic / Ophthalmologist
    • Cranial Technologies / Orthotics & Prosthetics Service

    Property Details for 4244 Riverwalk Pkwy

    Year built
    2007
    Construction
    TILT-UP CONCRETE
    Lot size
    2.86 lot acres
    Property size
    38,464 SF
    Property type
    Medical offices
    Property subtype
    Medical centers
    APN
    141-260-033
    APU
    141260033

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $11,750,000

    • CAP approach

      CAP return
      Estimation
      6%
      $12,610,000
      6.5%
      $11,260,000
      7%
      $12,320,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $12,035,000
      Geo Method
      $13,290,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $11,120,000
      Retail
      $11,525,000
      Mixed-Use
      $11,995,000
      Hospitality
      $14,375,000
      Educational
      $13,375,000
      Residential Income
      $11,935,000
      Energy
      $14,070,000
      Income-Based Land
      $13,680,000
      Food Service
      $12,875,000

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.495
    Latitude
    33.9036
    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
    $190,486
    $2,231,037
    $13,001,648
    $15,232,685
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation
      $640,000
      1,676 SF

      4234 Riverwalk Pkwy Ste, Unit 120

      MEDICAL BUILDING • 1,676 SF
      4234 Riverwalk Pkwy Ste, Riverside, CA 92505-3304
      View Details
    • Value Estimation by Request
      1,899 SF

      11725 Slate Ave, Unit 38A

      MEDICAL BUILDING • 1,899 SF
      11725 Slate Ave, Riverside, CA 92505-7100
      View Details
    • Value Estimation
      $800,000
      35,126 SF

      Riverside, CA 92505

      MEDICAL BUILDING • 35,126 SF
      Riverside, CA 92505
      View Details
    • Value Estimation
      $230,000
      0.20 Acres

      10447 Hole Ave

      MEDICAL BUILDING • 0.20 Acres
      10447 Hole Ave, Riverside, CA 92505-1661
      View Details
    • Value Estimation by Request
      2.00 Acres

      3660 Park Sierra Dr Ste, Unit 110

      MEDICAL BUILDING • 2.00 Acres
      3660 Park Sierra Dr Ste, Riverside, CA 92505-3071
      View Details
    • Value Estimation by Request
      2,430 SF

      11695 Slate Ave

      MEDICAL BUILDING • 2,430 SF
      11695 Slate Ave, Riverside, CA 92505-5194
      View Details

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    Similar Nearby for Lease

    • Contact for pricing
      40,361 SF

      Riverside Office Building For Rent

      40,361 sqft office building in Riverside, CA.
      11801 Pierce St | Riverside, Riverside, CA 92505
      View Details
    • $1.85 SF/Yr
      7,693 SF

      Freestanding Office/Retail Building For Rent

      Two-story office/retail building with commercial kitchen and freeway access.
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      View Details
    • $975 /Mo

      Premium Executive Office Space Available

      Fully equipped executive office in prime location for lease.
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      View Details
    • $2 SF/Yr
      40,892 SF

      Riverside Office Space Available

      Office space for rent in Riverside, California.
      11870 Pierce St | Riverside, Riverside, CA 92505
      View Details
    • $1.25 SF/Yr
      1,396 SF

      Riverside Office Space For Rent

      Partially finished office suite available for rent in Riverside.
      10683 Magnolia Ave, Riverside, CA 92505
      View Details
    • Contact for pricing
      3,524 SF

      Riverside Office Space Sublease Available

      Sublease office space in excellent condition through July 2028.
      4210 Riverwalk Pkwy, Riverside, CA 92505
      View Details
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    Riverside, CA 92505-8509
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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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