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3652 Van Buren Blvd 1,332 SF Retail Building Riverside, CA 92503 $1,200,000 ($900.90/SF) 3.50% Cap Rate
INVESTMENT HIGHLIGHTS
- Heavy daytime traffic
- Open space
- Close to freeway
EXECUTIVE SUMMARY
Great Location with frontage on Van Buren Blvd, near the 91 FWY. In addition to the existing building, there is ample business parking in the front and a two-car garage in the back. The building is easily accessible from Van Buren Blvd or the back alley. The property is also available for lease.
FINANCIAL SUMMARY (PRO FORMA - 2025) |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Gross Rental Income |
$48,000
|
$29.96
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$48,000
|
$29.96
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (PRO FORMA - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $29.96 |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | $48,000 |
| Annual Per SF | $29.96 |
| Net Operating Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
1,332 SF
Building Class
C
Year Built
1972
Price
$1,200,000
Price Per SF
$900.90
Cap Rate
3.50%
NOI
$42,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.18 AC
Zoning
C01 - Commercial
Parking
10 Spaces (7.51 Spaces per 1,000 SF Leased)
Frontage
58’ on Van Buren Blvd
AMENITIES
- Bus Line
Walk Score®
Very Walkable (83)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 234-112-062 | Improvements Assessment | $783,998 |
| Land Assessment | $196,002 | Total Assessment | $980,000 |
PROPERTY TAXES
Parcel Number
234-112-062
Land Assessment
$196,002
Improvements Assessment
$783,998
Total Assessment
$980,000
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3652 Van Buren Blvd
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