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Listed by Your Home Selling Pros, David Limon, Listing Contact: 951-445-0691

$169,900

501 N Palm AVE, Riverside CA, 92543

Price per sqft$13.45
Lot size0.29 Acres
Property typeLand

Overview

Active

Listed Jan 29, 2026

Updated 9 days ago

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.

Additional information

MLS® ID
CRSW26021463

Exterior Features

Lot Size
0.29 Acres
MLS provider logo

Listed by Your Home Selling Pros, David Limon DRE:00908480,
Listing Contact: 951-445-0691 

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