5599 Mission BlvdRiverside, CA 92509
- Retail properties
- 0.31 AC
Property Details for 5599 Mission Blvd
- Lot size
- 0.31 AC
- Zone code
- R-VC
- Property type
- Retail properties
- Property subtype
- Gas stations
- APN
- 179-160-025
- APU
- 179160025
Description
This exceptional investment opportunity presents a thriving ARCO-branded gas station and convenience store in Riverside, California. Located at 5599 Mission Blvd, Jurupa Valley, this single-story, 1,400-1,500 square foot building sits on a 13,504 square foot lot. The property boasts a prime location adjacent to a high-traffic shopping center anchored by a Stater Brothers supermarket, ensuring high visibility and consistent customer flow. The station features four gas pumps (2+2 configuration) and a well-established convenience store offering beer and wine, further enhancing profitability. Recent renovations in 2022 and 2023 included updated C-store facilities and fueling equipment, along with refreshed ARCO branding and electronic price signage. Financial performance demonstrates strong revenue streams: 2022 gross profit reached $1,229,000, with 2023 figures showing continued growth ($1,229,847). Detailed financial records, including fuel volume (205,896 average gallons in 2022 at a 26-cent margin), average monthly C-store sales ($121,000 in 2022), and monthly lottery sales ($17,000 in 2022), are available upon request. The property is zoned for commercial use and enjoys a 100% occupancy rate as of December 1, 2023. This turnkey operation presents a rare opportunity for owner-users seeking a profitable venture in a thriving market with no immediate competition and easy access to the nearby Freeway 60. The asking price is $5,700,000. APN: 179-160-025.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $4,943,778
- 6.5%
- $4,563,487
- 7%
- $4,237,524
-
Comparable approach
- Method
- Valuation
- Relative Method
- $5,769,394
- Geo Method
- $11,976,680
-
Alternative Use
- Use
- Valuation
- Residential
- $3,849,472
- Hospitality
- $3,526,096
- Educational
- $2,933,670
- Medical
- $3,034,564
- Retail
- $4,563,487
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 33.9973
- Longitude
- -117.407
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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