Technical
Financial
Distress signals
Property profile

6024 Magnolia Ave Riverside, CA 92506

OFF-MARKET
Grocery and convenience stores
Property ID
US10-3118715
0.13 ac lot
Trust Owned 8-yr Hold Absentee Owner ~ Est. High Equity
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Property profile

Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Lot 0.13 ac (5,662 SF)
Zoning code CG
APN 225-062-002
UPID US10-3118715

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
  • Take-out & Catering Butcher
  • Grocery & Convenience Store Food Market
  • Specialty Food Shop Butcher

Location

6024 Magnolia Ave Riverside, CA 92506-2518
Riverside metro Census 31100 RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$345k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$345k

Owner & transaction history

since 2018
7 recorded transactions
2018
Price N/A
2018
Price N/A
2013
$289,000
2012
$578,330
2007
$850,000
2005
$827,272
2005
Price N/A

Zoning & alternative use

CG · Riverside, CA
Zoning description

(CG) or Commercial Retail (CR) Zone and in combination with other overlay zones as appropriate. The Neighborhood Commercial Overlay Zone shall be applied pursuant to the procedures of Chapter 19.810 (Zoning Code Text/Map…

General category COMMERCIAL

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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