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    Property profile & analytics

    8931 Limonite Ave Riverside, CA 92509

    • Strip malls
    • 651 SF
    • 1.36 lot acres
    OFF-MARKET
    Value Estimation
    $2,415,000
    Last Sale
    Aug 01, 2024
    $2,425,000
    Location Intelligence
    Property ID
    US09-0258978
    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

    • Strip malls

    Property Details for 8931 Limonite Ave

    Year built
    1959
    Lot size
    1.36 lot acres
    Property size
    651 SF
    Zone code
    RA
    Property type
    Strip malls
    Property subtype
    Neighborhood centers
    APN
    165-172-032
    APU
    165172032

    Value Estimation

    by Realmo proprietary methodology Last update: July 3, 2025

    • AI approach

      CAP return
      Estimation
      Estimation
      $2,425,000

    • CAP approach

      CAP return
      Estimation
      6%
      $2,475,000
      6.5%
      $2,385,000
      7%
      $2,515,000

    • Comparable approach

      Method
      Estimation
      Relative Method
      $2,530,000
      Geo Method
      $2,635,000

    • Alternative Use

      Use
      Estimation
      Distribution
      $2,485,000
      Retail
      $1,870,000
      Mixed-Use
      $1,890,000
      Hospitality
      $1,900,000
      Educational
      $2,565,000
      Residential Income
      $1,875,000
      Energy
      $2,525,000
      Income-Based Land
      $2,035,000
      Food Service
      $2,165,000

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.478
    Latitude
    33.976
    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
    $21,262
    $683,885
    $1,235,681
    $1,919,566
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      20,682 SF

      9277 Limonite Ave

      SHOPPING CENTER, STRIP CENTER • 20,682 SF
      9277 Limonite Ave, Jurupa Valley, CA 92509-4908
      View Details
    • Value Estimation
      $3,490,000
      11,800 SF

      6328 Msn Blvd

      SHOPPING CENTER, STRIP CENTER • 11,800 SF
      6328 Msn Blvd, Riverside, CA 92509-4123
      View Details
    • Value Estimation by Request
      30,054 SF

      8210 Limonite Ave

      SHOPPING CENTER, STRIP CENTER • 30,054 SF
      8210 Limonite Ave, Riverside, CA 92509
      View Details
    • Value Estimation by Request
      14,000 SF

      Riverside, CA 92509

      SHOPPING CENTER, STRIP CENTER • 14,000 SF
      Riverside, CA 92509
      View Details
    • Value Estimation by Request
      5,200 SF

      7372 Msn Blvd

      SHOPPING CENTER, STRIP CENTER • 5,200 SF
      7372 Msn Blvd, Riverside, CA 92509-2910
      View Details
    • Value Estimation by Request
      4,973 SF

      9265 Limonite Ave

      SHOPPING CENTER, STRIP CENTER • 4,973 SF
      9265 Limonite Ave, Jurupa Valley, CA 92509-4908
      View Details

    Similar Nearby for Sale

    • $4,995,000
      5,200 SF

      Jurupa Valley Retail Investment Opportunity

      Well-maintained retail center built in 2019, fully occupied.
      7372 Mission Blvd, Jurupa Valley, CA 92509
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    • $20,764,000
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      Jurupa Valley Retail Center

      Grocery-anchored center, high occupancy.
      8844 Limonite Ave, Jurupa Valley, CA 92509
      View Details
    • $1,000,000

      Riverside Car Wash Business

      Established Car Wash, High Traffic Area
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    • $104,999

      Turnkey Pizzeria in Jurupa Valley

      Turnkey Syriana restaurant for sale in Jurupa Valley, CA.
      8884 Limonite Ave, Jurupa Valley, CA 92509
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    • $950,000
      1,500 SF

      Riverside Commercial Property For Sale

      Two-parcel commercial property with development potential in Riverside, CA.
      5754 Tilton Ave, Riverside, CA 92509
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      30,937.00 Acres

      Commercial Land in Jurupa Valley

      Two-parcel commercial property with potential for residential conversion.
      5754 Tilton Ave, Riverside, CA 92509
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    Similar Nearby for Lease

    • $42 SF/Yr
      30,000 SF

      9241 Limonite Ave

      Lifestyle centers • 30,000 SF
      9241 Limonite Ave, Jurupa Valley, CA 92509
      View Details
    • $1.29 SF/Yr
      124,817 SF

      Entertainment Center Retail Space Available

      Retail space available in a 15-acre entertainment center.
      8012-8082 Limonite Ave, Riverside, CA 92509
      View Details
    • Contact for pricing
      36,130 SF

      Jurupa Valley Retail Spaces

      Prime Retail & Restaurant Spaces in Jurupa Valley, CA
      8032 Limonite Ave, Jurupa Valley, CA 92509
      View Details
    • Contact for pricing
      117,300 SF

      Van Buren Marketplace Retail Space

      Prime Jurupa Valley retail, 1,000-11,929 SF available.
      0 Van Buren Blvd & Rutile St, Riverside, CA 92509
      View Details
    • $1.49 SF/Yr
      1,618 SF

      Jurupa Valley Retail Space Available

      In-line retail space available for lease in Jurupa Valley.
      8012-8082 Limonite Ave, Jurupa Valley, CA 92509
      View Details
    • $150,000
      87,230 SF

      Prime Jurupa Valley Fast Food Pads

      Ground Lease Opportunity: Two Pads, High Traffic
      6645 Mission Blvd, Jurupa Valley, CA 92509
      View Details

    Property Visit Statistics

    • Visits by month
      11.4k
    • Visitors by month
      7.5k
    • Avg Time on site
      13 min
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    Riverside, CA 92509
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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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