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Property profile

6682 Magnolia Ave Riverside, CA 92506

FOR SALE
Retail space
Property ID
US10-1761415
1,200 SF 0.09 ac lot Built 1951
Last sale Sep 2024 · $1,174,201
Individually Owned Owner of record is an individual. 2-yr Hold Held for 2 years. Absentee Owner Owner mailing address differs from the property address. ~ Est. High Equity Modeled equity is high. Estimate, not a fact.
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Property summary

AI-generated overview

A commercial storefront building located at 6682 Magnolia Avenue in Riverside, set on a 3,920 square foot lot and containing approximately 1,060 square feet of building area. The property is positioned along Magnolia Avenue and is described as having flexible zoning support for a range of uses, including more intensive service commercial, retail, office, and repair categories, with zoning potentially allowing certain outdoor retail opportunities. The site is situated to provide access to major…

Ownership intelligence

Who controls the opportunity?

Owner of record from public deeds, plus portfolio, hold profile and investor signals where the data supports them. Included with a plan.

Owner contacts

Can we reach the decision maker?

Skip-traced phones and e-mails of the owner. Included with a plan.

Debts

What is owed, to whom, and when it comes due

Recorded lenders, amounts and estimated maturities of the owner's loan book — included with a plan.

Property tax · 2024

What does the county charge?
$2k
Tax billed · 2024
Assessed value$189k
Assessed land$66k
Assessed improvement$122k
Effective rate1.15%

Value estimate

· Oct 2026
$280k
$252k – $308k
AI approach$280k
NOI build-up
Gross scheduled income$23k
Vacancy & credit loss−$1k
Operating expenses−$7k
NOI · 3.07% cap applied$15k

Realmo valuation models over county records and 6 qualifying comparable sales.

Recently sold

What actually traded nearby?
$226/SF
ZIP average, outlier-cleaned · 17 recorded sales of this use type
Observed band · Q1–Q3$168 – $301
Qualifying comparables6

Cap rate analysis

How does the asset earn?
3.07%
$15k estimated NOI · market benchmarks for this use type

Price anchors at 6 / 6.5 / 7% — in the full report.

Zoning insight

What can be built here?
C3
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Parking Facility
Demand index
Parking Facility12.7
Electrical Service12.4
Wholesale Shop11.8

Location

6682 Magnolia Ave Riverside, CA 92506
County assessor Recorded deeds · 13 transfers 6 qualifying comp sales Zoning catalog

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 nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3673 Arlington, Riverside, CA 92506-3938 $130,500 Dec 2023 1,186 SF
3743 Arlington, Riverside, CA 92506-2608 $740,000 May 2023 1,164 SF
3747 Arlington, Riverside, CA 92506-2608 $740,000 May 2023 1,014 SF
3886 Merrill, Riverside, CA 92506-2212 $511,000 Oct 2022 1,186 SF
6589 Magnolia, Riverside, CA 92506-2411 $1,125,000 Sep 2022 1,647 SF
6050 Magnolia, Riverside, CA 92506-2518 $165,000 Sep 2021 950 SF
Sale prices and dates as our records hold them, one row per building. A deed can cover more of a building than the size shown, so read the price against the size rather than dividing one by the other.
Comparable nearby
6 properties of the same type nearby
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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