501 N Palm, Riverside, CA 92543
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Jerrod Waller

Jerrod Waller

+1(858) 822-8634
$169,900
Est. payment /mo
0.29 Acres Lot
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UPDATED:

Key Details

Property Type Vacant Land

Sub Type Lots/Land

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW26021463

Lot Size 0.290 Acres

Property Sub-Type Lots/Land

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 (40x90) 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 youre 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

Zoning 2026-08-04

Direction From Florida Ave, travel north on Palm Ave. The property will be on your left.

Interior

Fireplace No

Exterior

Utilities Available Electric, Natural Gas

View Y/N No

Others

Senior Community No

Tax ID 442030033

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

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MLS Router / San Diego MLS
Listed by David Limon, DRE#00908480 Your Home Selling Pros 

NEARBY SCHOOL & BUSINESS

Jerrod Waller

“If you're looking for a dedicated and knowledgeable real estate professional who will go above and beyond to help you achieve your goals, I'm here to serve you. Contact me today to learn more about how he can assist you with all your real estate needs.”
 

+1(858) 822-8634

jwaller@sdrealtyco.com

3555 5th Avenue 3rd Floor, San Diego, CA 92103

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501 N Palm