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5111 Van Buren Blvd 0.89 Acres of Commercial Land Offered at $1,100,000 in Riverside, CA 92503
Investment Highlights
- Located directly across from a busy Walmart Supercenter.
- Permitted uses include: General Retail, Restaurant, Medical Uses, Level topography for easier development.
- High-visibility location within Riverside’s active East Valley trade area.
- Surrounded by national retailers including: McDonald's, Dutch Bros, Taco Bell, Les Schwab Tire Center, ARCO, and 7-Eleven.
- Level lot simplifies construction and reduces site preparation costs.
- Easy access to major roadways serving the Inland Empire region.
Executive Summary
The subject property is located on the NEQ of Van Buren Blvd and Colorado Ave
in Riverside, CA. It is approximately 1.5 miles north of 91 Freeway. Van Buren Blvd,
with a traffic count of over 40,554 cars per day, is one of the major east-west arterial
corridors connecting multiple freeways and submarkets of the Inland Empire.
NEARBY RETAILERS:
Big-Box/Grocery Anchors:
• Walmart Supercenter – located directly across the street, ranked within the top
12% of the locations nationwide, based on consumer traffic (Placer.ai)
• Food 4 Less; Cardenas Market and Stater Bros Markets
• Ross Dress for Less and Dollar Tree
National retailers/Restaurants include McDonald’s, Dutch Bros Coffee., Taco Bell,
El Pollo Loco, 7-Eleven, Arco AM PM, Les Schwab Tires, O’Reilly Auto Parts, WSS,
Raising Cane’s, Starbucks, Chick-Fil-A, Burger King, KFC, Carl’s Jr, and more.
PROPERTY PROFILE:
The subject property provides an excellent opportunity for a mixed-use development
with pedestrian friendly commercial units on the street level and residential units
above. The Mixed Use- Village zoning permits a maximum density of 30 du/acre
allowing approximately 27 units by-right. Additional units may be approved through
State laws. Buyer to verify all plans through the City.
SCHOOL DISTRICT:
Riverside Unified School District. Within 1 mile there are several public and private
schools with estimated average enrollment of over 3,500 students. Harrison
Elementary School (450-600 students); Longfellow Elementary School (500-650
students); Madison Elementary School (500-700 students); Jefferson Elementary
School (450-600 students); and Matthew Gage Middle School (800-1,000 students)
plus Our Lady of Perpetual Help Catholic School (250-350 students).
Property Facts
| Price | $1,100,000 | Property Subtype | Commercial |
| Sale Type | Investment or Owner User | Proposed Use | |
| No. Lots | 1 | Total Lot Size | 0.89 AC |
| Property Type | Land | ||
| Zoning | Mixed Use - Village | ||
| Price | $1,100,000 |
| Sale Type | Investment or Owner User |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.89 AC |
| Zoning | Mixed Use - Village |
1 Lot Available
Lot
| Price | $1,100,000 | Lot Size | 0.89 AC |
| Price Per AC | $1,235,955.06 |
| Price | $1,100,000 |
| Price Per AC | $1,235,955.06 |
| Lot Size | 0.89 AC |
±0.89 acres vacant land Zoning: Mixed-Use - Village (MU-V)
Description
Situated on 0.89 acres, this commercial land parcel at 5111 Van Buren Boulevard offers an outstanding platform for mixed-use or retail-driven projects in Riverside, California. The property’s flat topography simplifies development, while zoning allowances support diverse opportunities such as general retail, restaurants, and medical uses. Located in a dynamic commercial corridor, the site sits directly opposite a high-performing Walmart Supercenter and is surrounded by national brands, including McDonald’s, Dutch Bros, Taco Bell, ARCO, and Les Schwab Tire Center. These established retailers drive significant traffic and reinforce the location’s viability for consumer-facing businesses. Positioned within the East Valley submarket, the property enjoys visibility along a key community artery, with convenient access to population hubs and transportation routes in the Inland Empire. This listing delivers strong fundamentals, outstanding exposure, and flexible design potential.
Property Taxes
| Parcel Number | 191-050-021 | Improvements Assessment | $0 |
| Land Assessment | $117,563 | Total Assessment | $117,563 |
Property Taxes
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5111 Van Buren Blvd
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