10330 Hole AveRiverside, CA 92505

Property Details for 10330 Hole Ave

Year built

1987

Construction

TILT-UP CONCRETE

Lot size

1.15 AC

Property size (Sq ft)

14,000 SF

Zone code

R106

Property type

Retail space

APN

143-162-024

APU

143162024

Description

This exceptional 15,111 square foot retail property, located at 10330 Hole Ave in Riverside, CA 92505, presents a unique investment opportunity. Built in 1987, this multi-tenant building sits on a 1.15-acre lot (APN 143-162-024) in Riverside County. Currently, there is 1,400 square feet of vacant space available, ideal for a variety of commercial or restaurant uses. The property's strategic location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a strong presence in the Riverside market. The existing building provides ample space for multiple tenants, showcasing its potential for diverse commercial ventures. This property is zoned for commercial and restaurant use, providing flexibility for potential tenants. The 1,400 square feet of vacant space offers a chance to establish a new business or expand an existing one within a well-established retail center. With its convenient location and substantial square footage, this property is poised for success. Serious inquiries are encouraged to explore this promising investment opportunity.

• CAP approach

  CAP return

  Valuation

  6%

  $5,656,216

  6.5%

  $5,221,122

  7%

  $4,848,186

• Comparable approach

  Method

  Valuation

  Relative Method

  $6,188,906

  Geo Method

  $12,417,502

• Alternative Use

  Use

  Valuation

  Residential

  $4,404,212

  Hospitality

  $4,034,235

  Educational

  $3,356,436

  Medical

  $3,471,869

  Retail

  $5,221,122

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9148

Longitude

-117.466

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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