501 N Palm AVE, Riverside, CA 92543
501 N Palm AVE, Riverside, CA 92543
501 N Palm AVE, Riverside, CA 92543
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Sharad Gupta

Sharad Gupta

+1(408) 401-1003
Listed by David Limon, DRE #00908480 • Your Home Selling Pros
$169,900
Est. payment /mo
0.29 Acres Lot
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Key Details

Property Type Vacant Land

Sub Type Other Residential Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID CRSW26021463

Lot Size 0.290 Acres

Property Sub-Type Other Residential Land

Source California Regional MLS

Property Description

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.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning LWS,PAV,LL,LX

Exterior

Fence Chain Link

Utilities Available Electricity - On Site

View None

Building

Lot Description Grade - Level, Paved

Water Other

Others

Tax ID 442030033

Special Listing Condition Not Applicable

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Sharad Gupta
Sharad Gupta

Broker License ID: 02213637

+1(408) 401-1003

5201 Great America Pkwy, Santa Clara, CA 95054, USA

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501 N Palm AVE

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