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Property profile

7460 Mission Grove Pkwy S Riverside, CA 92508

FOR SALE
Drive through restaurants
Property ID
US09-1174152
2,024 SF 0.64 ac lot Built 2004
Last sale Aug 2022
Individually Owned Owner of record is an individual. 4-yr Hold Held for 4 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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7460 Mission Grove Pkwy S, Riverside, CA 92508 For Sale
$2,825,000 2,024 SF
7460 Mission Grove Pkwy S, Riverside, CA 92508
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Property summary

AI-generated overview

The property is a single-tenant, drive-thru commercial building structured as an absolute NNN (triple-net) arrangement and held in fee simple ownership, indicating tenant responsibility for operational costs typically associated with NNN leases. It is located on Mission Grove Parkway in an affluent area and is configured for commercial real estate uses, including specialty property uses. The building contains approximately 1,840 square feet of floor area.

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?
$16k
Tax billed · 2024
Assessed value$1.41M
Assessed land$761k
Assessed improvement$645k
Effective rate1.11%

Value estimate

· Oct 2026
$455k
$410k – $501k
AI approach$450k
NOI build-up
Gross scheduled income$21
Vacancy & credit loss−$1
Operating expenses−$5
NOI$15

Realmo valuation models over county records and 13 qualifying comparable sales.

Recently sold

What actually traded nearby?
$474/SF
Submarket average, outlier-cleaned · 41 recorded sales of this use type
Observed band · Q1–Q3$215 – $790
Qualifying comparables13

Cap rate analysis

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

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

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: Building Supply
Demand index
Building Supply30.4
Law Firm27.5
Wholesale Shop25.8

Location

7460 Mission Grove Pkwy S Riverside, CA 92508
County assessor Recorded deeds · 5 transfers 13 qualifying comp sales 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 · 18 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
18990 Van Buren, Riverside, CA 92508-9262 $3,385,000 Apr 2025 1,929 SF
17851 Iris, Riverside, CA 92508-9232 $975,000 Mar 2024 1,272 SF
18600 Van Buren, Riverside, CA 92508-9111 $395,000 Mar 2023 2,592 SF
18303 Van Buren, Riverside, CA 92508-9103 $785,000 Apr 2021 2,500 SF
18820 Van Buren, Riverside, CA 92508-9162 $1,800,000 Oct 2019 2,800 SF
8745 Trautwein, Riverside, CA 92508-9474 $1,850,000 Sep 2019 3,156 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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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