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Property profile & analytics
OFF-MARKET
Estimated value
$7,390,000
Retail properties & Spaces
5261 Arlington Ave Riverside, CA 92504-2604
Entity Owned
Absentee Owner
~
Est. High Equity
Property ID
US09-1753682
Property profile
Verified
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Year built
1964
Construction
TILT-UP CONCRETE
Total area
24,599 SF
Lot
17.43 ac (759,250 SF)
Zoning code
C3
APN
226-180-015
UPID
US09-1753682
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
-
Riverside County COVID-19 Testing Site Medical Laboratory Blood Testing Service
-
Sears Appliance Repair Hardware & Home Improvement HVAC Service
-
COVID-19 Vaccine Location - Riverside Sears Building Medical Laboratory
-
ATM Atm
-
Spirit Halloween (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$8.62M
CAP Approach
CAP
$6.03M
Comparable Approach
Comparable
$8.92M
Blend (final)
Blend
$7.39M
Owner & transaction history
Bridge Housing Riverside LLC
Bridge Housing Riverside LLC
since 2026
Last sale
$6.9M
5 recorded transactions
Zoning & alternative use
C3 · Riverside, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Restaurant
$11.7M
+33.5%
Auto repair, garage
$10.9M
+24.7%
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Riverside submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Riverside submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
$10,235,000
ML approach
$8,615,000
CAP Approach
CAP Return
Estimation
6%
$6,530,000
6.5%
$6,025,000
7%
$5,595,000
Alternative Use
Use
Estimation
RETAIL STORES
$8,740,000
Current use
RESTAURANT
$11,665,000
Change: +33% · Conversion: Easy
AUTO REPAIR, GARAGE
$10,900,000
Change: +25% · Conversion: Difficult
MEDICAL BUILDING
$7,180,000
Change: -18% · Conversion: Difficult
Blend value · Realmo final
$7.39M
Range $6.65M – $8.13M · ±10% · vs last sale $6.93M (Jul 27 2021)
Last sale anchor
$6.93M
Jul 27 2021
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$300 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$98,235
Tax year 2024
Assessed value
$8,613,859
Assessed 2024
Previous assessed
$8,613,859
+0.0% YoY
Effective rate
1.14%
On assessed value
Assessed land
$7,074,720
Assessed improvement
$1,539,139
Applied tax rate
9.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Retail properties & Spaces
Use group
DEPARTMENT STORE
Status
Off-Market
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Buildings
2
Stories
2
Total area
24,599 SF
Lot
17.43 ac (759,250 SF)
Zoning code
C3
APN
226-180-015
UPID
US09-1753682
Jurisdiction
RIVERSIDE
Zoning & alternative use
C3 · Riverside, CA
Zoning C3 · permitted uses
C3 · Riverside, CA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Riverside. Always verify with local authorities before improvements.
Alternative use value scenarios
Repositioning upside vs current use
RETAIL STORES Current
Est. value
$8.7M
RESTAURANT
Est. value
$11.7M
AUTO REPAIR, GARAGE
Est. value
$10.9M
MEDICAL BUILDING
Est. value
$7.2M
RETAIL STORES Current
RESTAURANT
AUTO REPAIR, GARAGE
MEDICAL BUILDING
Alternative use deep dive — conversion cost, permits, timeline
Conversion cost estimate · Permit path & risks · Stabilized NOI per option
Alternative use deep dive
Conversion cost · permit path · stabilized NOI per option
Building & site characteristics
From public records
Year built
1964
Construction
TILT-UP CONCRETE
Heating
NONE
Stories
2
Buildings
2
Lot
17.43 ac
Current owner
From public records · entity-resolved
Bridge Housing Riverside LLC
Entity
Mailing address
12435 PARK POTOMAC AVE STE #200, POTOMAC, MD 20854-6975
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2026
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
5 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Apr 28, 2026
$11,000,000
Bridge Housing Riverside LLC
Riverside Property Owner LLC
Grant Deed
related
$11,000,000
Apr 28, 2026
—
Seritage Src Finance LLC
Riverside Property Owner LLC
Grant Deed
—
Jul 27, 2021
$6,925,000
Riverside Property Owner LLC
Seritage Src Finance LLC
Grant Deed
—
Dec 3, 2019
—
Seritage Src Finance LLC
—
Grant Deed
related
$2,000,000,000 · Berkshire Hathaway Life Ins Co
Jul 16, 2015
—
Seritage Src Finance LLC
Sears Roebuck & Co
Grant Deed
—
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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