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    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    7590 Cypress Ave Riverside, CA 92503-1904

    • Retail space
    • 1,152 SF
    • 1.56 lot acres
    OFF-MARKET
    Value Estimations
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-0625928
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Kaizen Collision Center - Riverside West / Auto Repair Shop

    Property Details for 7590 Cypress Ave

    Year built
    2000
    Construction
    WOOD
    Lot size
    1.56 lot acres
    Property size
    1,152 SF
    Zone code
    C2
    Property type
    Retail space
    APN
    151-180-011
    APU
    151180011

    Value Estimations

    based on Realmo’s proprietary methodology

    • AI approach

    • CAP approach

    • Comparable approach

    • Alternative Use

    Get a detailed, property-specific valuation — fast and free

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.456
    Latitude
    33.9423
    CBSA code
    40140
    CBSA name
    RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2024
    $9,482
    $222,282
    $524,999
    $747,281
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.22 Acres

      9892 Magnolia Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.22 Acres
      9892 Magnolia Ave, Riverside, CA 92503-3524
      View Details
    • Value Estimation by Request
      0.91 Acres

      10297 Magnolia Ave

      RETAIL STORES (PERSONAL SERVICES) • 0.91 Acres
      10297 Magnolia Ave, Riverside, CA 92503-3440
      View Details
    • Value Estimation by Request

      9474 Magnolia Ave

      RETAIL STORES (PERSONAL SERVICES)
      9474 Magnolia Ave, Riverside, CA 92503-3746
      View Details
    • Value Estimation by Request
      6.01 Acres

      12155 Magnolia Ave Ste 6b

      STORE, RETAIL OUTLET • 6.01 Acres
      12155 Magnolia Ave Ste 6b, Riverside, CA 92503-4902
      View Details
    • Value Estimation by Request

      9354 Magnolia Ave

      STORE, RETAIL OUTLET
      9354 Magnolia Ave, Riverside, CA 92503-3702
      View Details
    • Value Estimation by Request

      12112 Severn Way

      STORE, RETAIL OUTLET
      12112 Severn Way, Riverside, CA 92503-4845
      View Details

    Similar Nearby for Sale

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      27,380.00 Acres

      Riverside Development Opportunity: Two Parcels

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      Warehouse/manufacturing facility with fenced yard and freeway visibility.
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      20,606 SF

      Industrial Building with Recycling CUP

      20,606 SF industrial building featuring paved yard space.
      7633 Cypress Ave, Riverside, CA 92503
      View Details

    Similar Nearby for Lease

    • $3 SF/Yr
      6,387 SF

      Riverside Retail/Medical Space Available

      2,800 SF retail or medical space near 91 Freeway.
      9204 Magnolia Ave, Riverside, CA 92503
      View Details
    • $1.50 SF/Yr
      6,441 SF

      Riverside Retail/Office Space Available

      Retail or office space available for lease in Riverside.
      3812 Pierce St, Riverside, CA 92503
      View Details
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      Retail Space Available For Rent

      Retail space available for lease in Riverside, California.
      9887-9889 Magnolia Ave, Riverside, CA 92503
      View Details
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      Prime Retail Space Available

      High-traffic location near major freeways and top employers.
      6008-6390 Van Buren Blvd, Riverside, CA 92503
      View Details
    • Contact for pricing

      Retail Building Available For Lease

      Divisible freestanding retail building available for lease in Riverside, CA.
      Riverside, CA 92503
      View Details
    • Contact for pricing

      Magnolia Avenue Retail Center

      Fully leased retail center on Magnolia Avenue in Riverside.
      9781-9789 Magnolia Ave, Riverside, CA 92503
      View Details

    Property Visit Statistics

    • Visits by month
      68.2k
    • Visitors by month
      39.9k
    • Avg Time on site
      32 min
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    7590 Cypress Ave
    Riverside, CA 92503-1904
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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