Property Details
About this Property
Excellent Opportunity for Owner-User or Investor. Rare opportunity to acquire a versatile commercial lot (Zoned C-2 General Commercial) with strong income potential and value-add upside. Situated on a generous 12,632-square-foot parcel, this property offers flexible use options ideal for an owner-operator looking to secure their own space or an investor seeking future appreciation and cash flow. The property may be purchased with a 3,600SF (40’x90”) metal building for an additional $75,000, providing an efficient and cost-effective solution for immediate occupancy or lease-up. With targeted improvements, the property offers a projected 8.42% cap rate, making it well-suited for a value-add or repositioning strategy. Ample lot size allows for a wide range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. Whether you’re looking to operate your business, expand an existing operation, or enhance returns through improvements, this property delivers both current utility and long-term upside. Ideal for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.
MLS Listing Information
MLS #
CRSW26021463
MLS Source
California Regional MLS
Days on Site
3
Lots & Land Information
Fencing
ChainLink
Lot Description
Grade - Level
Parking, School, and Other Information
Water
Other
HOA Fee
$0
Zoning
LWS, LX, LL, PAV
Neighborhood: Around This Home
Neighborhood: Local Demographics
Nearby Homes for Sale
501 N Palm Ave is in Riverside, CA 92543. This Land is currently priced at $200,000. This address can also be written as 501 N Palm Ave, Riverside, CA 92543.
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This listing information is up-to-date as of January 29, 2026. For the most current information, please contact David Limon, (951) 445-0691
