7460 Mission Grove PkwyRiverside, CA 92508
- Drive through restaurants
- 2,024 SF
For Sale
$2,850,000
View listing
Property Details for 7460 Mission Grove Pkwy
- Year built
- 2004
- Construction
- WOOD
- Lot size
- 0.64 AC
- Property size (Sq ft)
- 2,024 SF
- Property type
- Drive through restaurants
- APN
- 276-370-020
- APU
- 276370020
Description
This exceptional investment opportunity presents a fee-simple interest (land and building) in a thriving Wienerschnitzel quick-service restaurant (QSR) located in Riverside, CA. The 1,840 square foot, drive-thru equipped property sits on a 0.64-acre lot at the southeast corner of Alessandro Boulevard and Mission Grove Parkway, benefiting from high daily traffic counts (Alessandro Blvd: 40,000 CPD
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $817,727
- 6.5%
- $754,825
- 7%
- $700,909
-
Comparable approach
- Method
- Valuation
- Relative Method
- $894,739
- Geo Method
- $1,795,216
-
Alternative Use
- Use
- Valuation
- Residential
- $636,723
- Hospitality
- $583,235
- Educational
- $485,245
- Medical
- $501,933
- Retail
- $754,825
Location Insight
- City
- Riverside
- County
- Riverside
- State
- California
- Latitude
- 33.9149
- Longitude
- -117.324
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$15,587
$760,943
$645,137
$1,406,080
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Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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