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    Property profile & analytics

    8703 Indiana Ave Riverside, CA 92503-5766

    • Grocery and convenience stores
    • 2,400 SF
    • 0.28 lot acres
    OFF-MARKET
    Value Estimation
    $280,000
    Location Intelligence
    Property ID
    US09-3095263
    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

    • Lee Spa Nails / Nail Salon
    • Redbox / Movie Rental Kiosk / Dvd Store
    • Amazon Locker - Invention / Mailing Service / E-Commerce Service
    • 7-Eleven / Convenience Store
    • Citibank ATM / Atm

    Property Details for 8703 Indiana Ave

    Year built
    1967
    Construction
    TILT-UP CONCRETE
    Lot size
    0.28 lot acres
    Property size
    2,400 SF
    Zone code
    R3R
    Property type
    Grocery and convenience stores
    APN
    233-140-018
    APU
    233140018

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.427
    Latitude
    33.9226
    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
    $3,937
    $198,844
    $152,952
    $351,796
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request

      10214 Indiana Ave

      CONVENIENCE STORE
      10214 Indiana Ave, Riverside, CA 92503-5304
      View Details
    • Value Estimation by Request
      31,666 SF

      3410 La Sierra Ave

      GROCERY, SUPERMARKET • 31,666 SF
      3410 La Sierra Ave, Riverside, CA 92503-5270
      View Details
    • Value Estimation
      $70,000
      4,500 SF

      8851 Philbin Ave

      GROCERY, SUPERMARKET • 4,500 SF
      8851 Philbin Ave, Riverside, CA 92503-8609
      View Details
    • Value Estimation
      $365,000
      0.33 Acres

      4930 Van Buren Blvd

      GROCERY, SUPERMARKET • 0.33 Acres
      4930 Van Buren Blvd, Riverside, CA 92503-2617
      View Details
    • Value Estimation by Request
      0.17 Acres

      8717 Indiana Ave

      GROCERY, SUPERMARKET • 0.17 Acres
      8717 Indiana Ave, Riverside, CA 92503-5766
      View Details
    • Value Estimation
      $280,000
      0.36 Acres

      5690 Tyler St

      GROCERY, SUPERMARKET • 0.36 Acres
      5690 Tyler St, Riverside, CA 92503-1636
      View Details

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    Similar Nearby for Lease

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      Brand new retail spaces, high traffic area.
      9471 Magnolia Ave, Riverside, CA 92503
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      2,800 SF retail or medical space near 91 Freeway.
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      Retail Space Sublease Opportunity

      Retail space sublease in high-traffic location with flexible layout.
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      Arlington Plaza: Riverside Retail

      Prime Riverside retail space, multiple units available.
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      Riverside Retail/Office Space Available

      Retail or office space available for lease in Riverside.
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    • 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
      16.0k
    • Visitors by month
      8.9k
    • Avg Time on site
      8 min
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    Riverside, CA 92503-5766
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    Realmo Value Estimation

    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.

    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.

    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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