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Property profile

6862 Palm Ave Riverside, CA 92506

OFF-MARKET
Medical Office Space
Property ID
US09-1850952
0.23 ac lot
Last sale Oct 2025 · $805,000
Entity Owned Owner of record is a legal entity (LLC / corporation). 1-yr Hold Held for 1 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

The property is a single-story, freestanding office building located in Riverside’s Magnolia Center. It contains dental-office specific improvements and includes 5 operatories, an exam room, a reception area, a private office, an employee lounge, 2 restrooms, and an X-ray room/lab. The building has a recorded living area of 2,088 square feet. Off-street parking totals 10 dedicated spaces plus an accessible (handicap) space, and the site includes freestanding signage. The layout is designed to…

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?
$9k
Tax billed · 2024
Assessed value$625k
Assessed land$210k
Assessed improvement$416k
Effective rate1.45%

Value estimate

· Oct 2026
$320k
$288k – $352k

Realmo valuation models over county records.

Recently sold

What actually traded nearby?
$292/SF
Submarket average, outlier-cleaned · 47 recorded sales of this use type
Observed band · Q1–Q3$166 – $383

Cap rate analysis

How does the asset earn?

No income signal is modeled for this parcel yet — the Cap Rates tab runs the workflow.

Zoning insight

No data for this section
What can be built here?

No zoning code is on file for this parcel. Coverage grows with every catalog release.

JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Electrical Service
Demand index
Electrical Service11.4
Parking Facility11.3
Catering Service9.3

Location

6862 Palm Ave Riverside, CA 92506-2812
County assessor Recorded deeds · 3 transfers Qualifying comp sales · not on file Zoning catalog · not on file

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 · 13 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
3560 Arlington, Riverside, CA 92506-3936 $1,592,000 Nov 2024 3,049 SF
4100 Central Ave, Riverside, CA 92506-2933 $6,842,000 Oct 2024 No data
3762 Tibbetts, Riverside, CA 92506-2605 $1,450,000 Mar 2024 2,608 SF
6857 Indiana, Riverside, CA 92506-4219 $1,750,000 Sep 2023 4,336 SF
5873 Bud, Riverside, CA 92506-4517 $1,400,000 Apr 2023 3,253 SF
3722 Tibbetts, Riverside, CA 92506-2605 $900,000 Apr 2022 2,013 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
Research This Page with AI

Rey answers here. ChatGPT, Grok and Claude get the same data packet.

Includes: Price & PSF · Cap rate · Location · Zoning

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