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Property profile

8616 Limonite Ave Riverside, CA 92509

OFF-MARKET
Retail space
Property ID
US09-2501506
6,000 SF 0.56 ac lot Built 1981
Last sale Apr 2024 · $750,000
Trust Owned Owner of record is a trust. 1-yr Hold Held for 1 years. Absentee Owner Owner mailing address differs from the property address. Free & Clear No active or open recorded mortgage detected.
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Property summary

AI-generated overview

A freestanding retail storefront located at 8616 Limonite Ave, built in 1981, with approximately 6,000 square feet arranged in a large rectangular layout. The property includes a pylon sign, approximately 22 parking spaces, and about 200 feet of frontage along Limonite Ave at the intersection with Eucalyptus St. The building was historically used as a TrueValue hardware store and is situated within the broader retail corridor near major shopping centers, including a Walmart center of roughly…

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?
$13k
Tax billed · 2024
Assessed value$1.20M
Assessed land$1.20M
Effective rate1.10%

Value estimate

· Oct 2026
$750k
$675k – $825k
AI approach$750k
Submarket $/SF estimate$997k

Realmo valuation models over county records and 5 qualifying comparable sales.

Recently sold

What actually traded nearby?
$334/SF
ZIP average, outlier-cleaned · 36 recorded sales of this use type
Observed band · Q1–Q3$125 – $627
Qualifying comparables5

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

What can be built here?
CP
JurisdictionRIVERSIDE

Location intelligence

Which uses thrive at this corner?
Best fit: Building Supply
Demand heat for this use is drawn on the map · LocInt grid
Demand index
Building Supply26.9
Realty agency25.5
Wholesale Shop23.4

Location

8616 Limonite Ave Riverside, CA 92509-5164
County assessor Recorded deeds · 6 transfers 5 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 · 16 properties nearby
Recent sales nearby
6 recorded sales in this ZIP, last 8 years
Address Sale price Sold Size
5576 Msn, Riverside, CA 92509-4517 $675,000 Jul 2025 2,813 SF
6333 Msn, Riverside, CA 92509-4126 $1,425,000 Oct 2024 16,672 SF
6290 Msn, Riverside, CA 92509-4257 $3,800,000 Feb 2024 2,600 SF
5694 Msn, Riverside, CA 92509-4404 $2,400,000 Sep 2023 2,900 SF
8848 Main, Riverside, CA 92509-5023 $900,000 Aug 2023 3,062 SF
5586 Msn, Riverside, CA 92509-4517 $850,000 Jul 2023 2,800 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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