Add Listing
Property Lookup
    Property Lookup
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings
    Property profile & analytics

    9485 California Ave Riverside, CA 92503-3215

    • Turn key restaurants
    • 1,974 SF
    • 0.43 lot acres
    OFF-MARKET
    Value Estimations
    $815,000
    Show details
    Cap Rate Potential
    Location Intelligence
    Property ID
    US09-1180656
    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

    • Jack in the Box / Restaurant / Take-out & Catering

    Property Details for 9485 California Ave

    Year built
    1998
    Construction
    WOOD
    Lot size
    0.43 lot acres
    Property size
    1,974 SF
    Zone code
    C2
    Property type
    Turn key restaurants
    APN
    191-240-055
    APU
    191240055

    Value Estimations

    based on Realmo’s proprietary methodology

    • Comparable approach

      Method
      Estimation
      AI Estimate
      $801,000
      Market price range: $280k - $1.07M

    • Alternative Use

      Use
      Estimation
      RESTAURANT
      $935,000
      Current use
      AUTO REPAIR, GARAGE
      $875,000
      Change: -7% Conversion: Difficult

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

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.452
    Latitude
    33.9271
    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
    $16,500
    $533,804
    $953,352
    $1,487,156
    -
    $0.00
    $0.00
    $0.00

    Comparable in this City

    • Value Estimation by Request
      0.36 Acres

      3370 La Sierra Ave

      RESTAURANT • 0.36 Acres
      3370 La Sierra Ave, Riverside, CA 92503-5228
      View Details
    • Value Estimation by Request

      10170 Indiana Ave

      RESTAURANT
      10170 Indiana Ave, Riverside, CA 92503-5304
      View Details
    • Value Estimation by Request
      5.63 Acres

      7201 Arlington Ave E E Ste

      RESTAURANT • 5.63 Acres
      7201 Arlington Ave E E Ste, Riverside, CA 92503-1518
      View Details
    • Value Estimation
      $1,795,000
      7,475 SF

      3650 Tyler St

      RESTAURANT • 7,475 SF
      3650 Tyler St, Riverside, CA 92503-4160
      View Details
    • Value Estimation
      $1,045,000
      2,395 SF

      5790 Van Buren Blvd

      RESTAURANT • 2,395 SF
      5790 Van Buren Blvd, Riverside, CA 92503-2087
      View Details
    • Value Estimation by Request
      1,876 SF

      9111 Magnolia Ave

      RESTAURANT • 1,876 SF
      9111 Magnolia Ave, Riverside, CA 92503-3801
      View Details

    Similar Nearby for Sale

    • $1,200,000

      Retail Property on Van Buren

      Retail property with frontage on Van Buren Blvd near 91 FWY.
      3652 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $75,000

      Riverside Land For Sale

      Land available in Riverside, CA.
      3500 Buchanan St, Riverside, CA 92503
      View Details
    • Contact for pricing
      59,677 SF

      Riverside Land with Office Buildings

      1.37 acres of land with office and storage buildings.
      6726 Doolittle Ave, Riverside, CA 92503
      View Details
    • $85,500

      Riverside Land For Sale

      Land available in Riverside, California.
      3500 Buchanan St, Riverside, CA 92503
      View Details
    • Contact for pricing
      1,925 SF

      Move-in Ready Duplex For Sale

      Duplex suitable for extended family or investment property.
      4162 Mcarthur Rd, Riverside, CA 92503
      View Details
    • $144,500

      Riverside Land For Sale

      Land available in Riverside, CA.
      3500 3500 Buchanan 103, Riverside, CA 92503
      View Details

    Similar Nearby for Lease

    • Contact for pricing

      Riverside Retail Space For Lease

      18,400 SF sub-anchor box available in high-traffic Riverside location.
      6008-6390 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $57 SF/Yr
      8,634 SF

      Riverside Retail Spaces - Magnolia Ave

      Brand new retail spaces, high traffic area.
      9471 Magnolia Ave, Riverside, CA 92503
      View Details
    • Contact for pricing
      1,250 SF

      Riverside Auto Care Center Space

      Multi-tenant building with office, storage, and shop space.
      3265 Van Buren Blvd, Riverside, CA 92503
      View Details
    • $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
    • 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
    • Contact for pricing
      129,666 SF

      Arlington Plaza: Riverside Retail

      Prime Riverside retail space, multiple units available.
      6008-6390 Van Buren Blvd, Riverside, CA 92503
      View Details

    Property Visit Statistics

    • Visits by month
      30.2k
    • Visitors by month
      20.3k
    • Avg Time on site
      9 min
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    9485 California Ave
    Riverside, CA 92503-3215
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!