8816 Limonite AveJurupa Valley, CA 92509

Property Details for 8816 Limonite Ave

Year built

1776

Lot size

0.44 AC

Zone code

CP

Property type

Retail properties

Property subtype

Turn key restaurants

APN

163-042-064

APU

163042064

Description

This exceptional 2,250-square-foot retail space is ideally situated in Jurupa Valley, California, at 8816 Limonite Ave, zip code 92509. The property is currently vacant and available for lease. Its classification as a QSR (Quick Service Restaurant), Drive-Thru, or Restaurant makes it perfect for a variety of food service businesses. The single-tenant building sits on a 0.44-acre lot, providing ample space for outdoor seating or drive-thru operations. Located in Riverside County, this property offers excellent visibility and accessibility, making it an attractive opportunity for businesses seeking a high-traffic location. The entire 2,250 square feet is available, presenting a blank canvas for a new tenant to customize to their specific needs. The property's address is easily accessible from major roadways, ensuring convenient access for customers. This is a rare opportunity to secure a prime retail space in a growing area of Jurupa Valley. The property's size and location make it an ideal investment for businesses looking to establish a strong presence in the community. Serious inquiries are encouraged.

• CAP approach

  CAP return

  Valuation

  6%

  $7,329,254

  6.5%

  $6,765,465

  7%

  $6,282,218

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,312,449

  Geo Method

  $16,999,560

• Alternative Use

  Use

  Valuation

  Residential

  $5,706,923

  Hospitality

  $5,227,510

  Educational

  $4,349,228

  Medical

  $4,498,804

  Retail

  $6,765,465

Location Insight

City

Riverside

County

Riverside

State

California

Latitude

33.9747

Longitude

-117.476

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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