This exceptional commercial property, located at 4415 Brockton Avenue in Riverside, CA, presents a unique investment opportunity. The 2,508 square foot freestanding building sits on a 0.18-acre lot and is ideally situated directly across from Riverside Community Hospital, ensuring high visibility and convenient access. The property features a spacious reception area with an all-glass frontage, maximizing natural light and creating a welcoming atmosphere. Three private offices provide ample space for administrative work or patient consultations, complemented by two conveniently located bathrooms. A large multi-purpose room, accessible from the rear, offers plumbing access and versatile potential for a breakroom, kitchen, or additional workspace. Ample parking is provided within the large, gated lot, ensuring convenience for employees and visitors. A bonus freestanding storage building adds further utility and potential for expansion or additional workspace. This property is fully fenced and gated, providing enhanced security. Its prime location near the 91 freeway makes it easily accessible. The property's versatility makes it suitable for a wide range of uses, including medical offices, professional business spaces, or specialty practices. This is an exceptional opportunity to acquire a high-value commercial property in a thriving Riverside commercial district. Priced at $725,000.
Valuation by Paperhouses methods
Valuation date:
Dec 11, 2024
CAP approach
CAP return
Valuation
6%
$155,537
6.5%
$143,573
7%
$133,318
Comparable approach
Method
Valuation
Relative Method
$174,487
Geo Method
$354,786
Alternative Use
Use
Valuation
Residential
$121,109
Hospitality
$110,935
Educational
$92,297
Medical
$95,471
Retail
$143,573
Location Insight
City
Riverside
County
Riverside
State
California
Latitude
33.9783
Longitude
-117.384
CBSA code
40140
CBSA name
RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.
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